News - October 24, 2016

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USG Breaks New Ground in Higher Education, Prepares to Power Regional Workforce

10.24.16

Yesterday, the Universities at Shady Grove (USG) broke ground on its Biomedical Sciences and Engineering Education Facility (BSE). Lieutenant Governor Boyd Rutherford, Maryland State Senator Nancy King, Montgomery County Executive Isiah Leggett and University System of Maryland Chancellor Robert Caret all came together to applaud USG and the county and state’s commitment to higher education.

Governor Larry Hogan, who had planned to attend the event but was called away at the last minute due to the death of a close friend, released the following statement: “Our administration is proud to have worked closely with our partners in the University System and the General Assembly to bring this new Biomedical Sciences and Engineering Education Facility to fruition. With this ground breaking today, Universities at Shady Grove is setting a new standard in high-quality higher education that directly meets Maryland’s unique workforce development needs.”

According to the U.S. Chamber of Commerce Foundation, Maryland leads the country in academic research and development and has the third highest concentration of high-tech businesses in the nation. However, the growth of highly skilled jobs in Montgomery County continues to outpace available candidates in the region. There is a projected demand for nearly 117,000 new workers by 2017 to fill new or vacated positions in Montgomery County, and an expected shortage of qualified workers to fill the region’s wide range of occupations.

“We are breaking new ground on a building that will allow USG to nearly double the number of students it serves – from 4,000 students today to 7,500 when the building opens its doors in 2019,” said USG Executive Director Dr. Stewart Edelstein. “This means providing even more businesses in Montgomery County and the surrounding region with a talent pool of qualified graduates in cutting edge, high-demand science, technology, engineering, math and medical sciences positions.”

http://finance.yahoo.com/news/usg-breaks-ground-higher-education-150600935.html