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For Immediate Release
June 22, 2006
Incubator tenants learn about the tax aspects
of owning a life science company
Richmond, Va. – Jennifer Bittmann and Gary Wallace of KPMG educated a group of local entrepreneurs, scientists and industry affiliates on the tax aspects of life sciences business ownership at June’s “Brown Bag” luncheon. The luncheon was organized by the Virginia Biosciences Development Center and sponsored by KPMG.
About VBDC
The VBDC, located at the Virginia BioTechnology Research Park, provides business assistance to start-up companies located in the park’s incubator facility. In less than three years, the VBDC has emerged as a major contributor to the growth of early stage life science technology businesses in the Richmond area. VBDC staff have counseled more than 23 start-ups and helped to launch eight of them. Since its inception, VBDC has secured cash and/or in-kind commitments, grants and contracts exceeding $750,000 for the benefit of growing the life sciences industry in the region.
Contact:
Nicky Colomb
Virginia BioTechnology Research Park
Phone: (804) 828-6884
E-mail: ncolomb@vabiotech.com
Web site: www.vabiotech.com
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