and life sciences communities in Maryland and the
region by providing outstanding education, advocacy
and business networking opportunities.
TCM News
For Immediate Release Contact
Rick Harris
TCM
Tech Alliance Division, Executive Director
240-243-4070
Tech Council of Maryland Signs -Agreement With Gilbert Tweed Associates to Provide Access to Talent Acquisition at Reasonable Cost for Its Members
(Rockville, MD)- November 3, 2006 -Tech Council of Maryland has reached an agreement with Gilbert Tweed Associates (www.gilberttweed.com) to provide its members access to a best practices approach for recruiting talent into their organizations at a special cost savings. Through this unprecedented group purchasing arrangement, member organizations will have access to Gilbert Tweed Associates' unique hiring process and expertise in the recruitment of executives, for both Technology and Life Sciences companies.
"Historically, the recruitment of top talent for the technology and biotech industries have been a challenge", said Rick Harris, Chief Operating Officer of Tech Council MD. "This is one of the most important type of decisions an executive has to make. We believe this benefit adds tremendous value to our members to provide them with resources to recruit and hire people in a more efficient way and save on recruitment costs. We signed this partnership agreement with Gilbert Tweed Associates because of their great reputation, track record and parallel expertise in our industries." Mr. Harris said, "the Gilbert Tweed retained search process has a completion time below the industry average."
Gilbert Tweed Associates is an international retained executive search firm with a distinctive streamlined hiring process and an unmatched success rate of 95% for recruiting "A" players. The industry average is 51%. The company was established in 1972 and is one of the 10 largest search firms in the country. Managing Directors, Melissa Henderson for the Technology sector and Ira Shapiro for Life Sciences sector will be leading the Gilbert Tweed team for this endeavor.
The Tech Council of Maryland is seeking to enhance their member's ability to hire the best available talent into their companies and also help expand the talent base in the Maryland area through this type of relationship. They have noticed a great demand for a best practices approach to the recruitment process and the need for a retained search firm that truly understands their vertical markets.
The Tech Council of Maryland's mission is to serve as the preeminent technology think-tank where executives discuss ideas, innovate, and solve technology issues that lead to bigger business. Tech Council of Maryland has more than 500 member companies representing more than 200,000 leading executives. Tech Council of Maryland members are from advanced technology, biotechnology, government, academia and the service provider industry.
It is Tech Council of Maryland's goal to create an environment where technology companies meet, learn and collaborate and to be Maryland's best technology networking organization.
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The Tech Council of Maryland's mission is to serve as the preeminent technology think-tank where executives discuss ideas, innovate, and solve technology issues that lead to bigger business.. Tech Council of Maryland members are from industry, government, academia and the service provider industry and provide environment where technology companies meet, learn and collaborate and to be Maryland's best technology networking organization. The Tech council has more than 600 member companies representing more than 200,000 forward thinkers throughout the state. The Tech Council of Maryland is supported in part by a grant from Maryland's Department of Business and Economic Development (DBED).
Toucan Capital Fund II, L.P., is a $120 million venture capital fund based in Bethesda, Maryland, that invests nationwide and is especially active in the mid-Atlantic region. Toucan's life sciences portfolio includes extensive investments in stem cells and tissue engineering, biologics and immunotherapies, as well as small molecule drugs and medical devices. Toucan's non-life science portfolio includes nanotechnology and certain other advanced technologies. Portfolio companies in the Metro Washington DC area include Cognate Therapeutics, RNT, and Trophogen.