There are several factors that go into location decisions for biomedical firms. Proximity to strong university research capacity, other biotech businesses, and technically competent workers are all important considerations. With the financial investments many states and localities are making toward the life sciences, however, the field of prospective locations for successfully launching a biotech firm has grown considerably larger than the "usual suspects."

Western Carolina University (WCU) Chancellor John Bardo recently unveiled plans for a comprehensive regional economic development strategy that would more than double the size of the campus and promote university-industry partnerships.

The rapid increase in federal spending for defense and homeland security has led a number of states to establish initiatives targeting potential economic development from these activities. North Carolina becomes the latest of those states, with its proposed Defense Technology Innovation Center.

RTI International, an independent, nonprofit research organization based in Research Triangle Park, N.C., is seeking someone for the position of economic development analyst.

To support innovation and technology with increased accessibility for small-and medium-sized firms, Canada's Minister of Industry, David Emerson, announced a new program that will replace Technology Partnerships Canada (TPC).

Two years ago, Kannapolis, N.C., was reeling from the announcement that Pillowtex Corp, a major textile manufacturer, was filing for bankruptcy. Pillowtex's failure resulted in more than 4,500 jobs lost in just two North Carolina counties and thousands more in the Southeast U.S.

The North Carolina Biotechnology Center selected John Chaffee and Randall Johnson as directors of the center's new eastern and southeastern regional offices.

With the passage of the state's biennial budget, North Carolina's small businesses are now eligible for follow-on support from the state for research projects funded under the federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs.

By creating Ontario’s Regional Innovation Networks (ORIN) three years ago, the provincial government experimented with how to establish customized systems-specific, but network-integrated approaches to strengthening and supporting regional innovation.

The North Carolina Board of Science and Technology, for a long time serving mostly in an advisory capacity to Gov. Mike Easley, increasingly is more involved in the direct delivery of technology-based economic development programs. The latest addition to its growing portfolio of programs is a $1 million Green Business Fund to help small businesses commercialize promising green and alternative energy technologies.

 

Earlier this month, the Canadian Minister of Industry announced the establishment of 11 new Centres of Excellence for Commercialization and Research (CECRs) to pursue multidisciplinary work in the areas of environmental science, natural resources and energy, health and life sciences, and information and communication technologies. This $163 million investment joins a $105 million investment last year that created seven other CECRs across Canada.

 

Transforming as many small and medium-sized enterprises (SMEs) as possible into globally competitive firms is a challenge, as most TBED practitioners know. The complexity of combining all of Europe into a single market makes the work even more daunting.

 

To simplify the process for SMEs in more than 40 countries, the European Commission recently launched a consolidated Enterprise Europe Network. The network consolidates the older Euro Info Centres and the Innovation Relay Centres.

 

BioConnect of Greater Charlotte, a new networking group for Charlotte, N.C.-area workers in life-science-related fields, held its inaugural meeting earlier this month.