Biotechnology Grows In the Piedmont Triad

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Biotechnology Grows In the Piedmont Triad

• Gwyn Riddick
• Regional Director
• Piedmont Triad Office

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Drivers of Biotechnology Development

• Our office provides the linkage to accelerate
  economic development
• Research
• Academics
• Workforce Development
• Innovation

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North Carolina Biotechnology Center Capacity
Development

• Grants and Loans Programs
• Science Technology
• Development
• Business Technology
• Development (loans)
• Education Workforce Training
• Regional Development Grant

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Leveraging Resources. . .
Research Universities
PiedmontTriad Office North Carolina
Biotechnology Center
Public Sector
Universities, Federal Laboratories, Medical
Centers
Workforce Development
Advisory Committee for Biotechnology in the
Piedmont Triad, State, County, City
Community Colleges, BioNetwork School systems
Life Science Development Partners
Business Enterprises
Business Networks
Department of Commerce, PTEN, CED, Local
economic developers Incubators, SBTDC
Pharma, Research Parks, Clinical Research
Organizations Suppliers, Contractors
Chamber of Commerce Law Firms, Banks, VCs, Angel
Funds
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Piedmont Triad Uniquely Positioned

• Location
• Diverse 12-county region including Greensboro,
• Winston-Salem, High Point
• In the middle of the developing biotech
  corridor
• between RTP and Charlotte
• Midway between New York and Miami and D.C. and
• Atlanta
• Half the U.S. Population is within 650 miles
• Piedmont Triad International Airport
• More than 1.5 million residents

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Sector Niches in the Piedmont

• Developing Sectors
• Nanobiotechnology
• Regenerative Medicine
• Medical Technology Devices
• Emerging Sectors
• Genomic Medicine
• Industrial biotechnology

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Bioscience/Biotech Cluster in the Piedmont Triad

• 134 Total Bioscience and Support Companies
• 13 Contract Research
• 28 Production/Mfg
• 24 Research Dev
• 11 Sales Distribution
• 58 Support/service companies

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Names you recognize. . .
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Piedmont Triad Employment

• A High-Growth Industry
• Total Cluster including support companies is
  28,000 employees
• Over 4 Billion in revenue
• 350 life science graduates per year

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Piedmont Triad Assets for Economic Development

• National Center for the Biotechnology Workforce
• Institute for Regenerative Medicine at WFU
  Medical School
• Piedmont Triad Entrepreneurial Network
• 19 Colleges and Universities
• Student body of 50,000
• Joint School for Nanosciences, Greensboro

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Piedmont Triad Assets for Economic Development

• 300 Million/year in extramural research funding
• North Carolina Community College System
  BioNetwork Pharmaceutical Center
• Four Research Universities
• Major Medical SchoolWake Forest University
• Piedmont Triad Research ParkWinston
• Gateway University Research ParkGSO
• Center of Innovation Nanobiotechnology

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Piedmont Triad Assets for Economic Development

• Capital Essential Element for Entrepreneurs
• Piedmont Angel Network
• Inception Micro Angel Fund
• North Carolina Biotechnology Center

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Economic Development in the Piedmont

• The Biotechnology Center has Invested over 10
  million in grants and loans in the Piedmont for
• Research and development projects at universities
• Equipment for research
• Curriculum development at colleges and K-12
• Events on biotechnology scholarly and community
• Training teachers at all levels
• Business loans for start-up, growth and research

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First Tier States Regions
US Biotechnology Industry
Massachusetts is second
California is first

• North Carolina is third(Second in Ag Bio!)

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Our Bottom Line
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North Carolinas Biotech Future?

• Statewide Strategic Plan for Biotechnology
• New Jobs Across North Carolina
• Goals
• North Carolina will have
• 48,000 biotech-related jobs by 2013
• 125,000 biotech-related jobs by 2023

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Biotechnology in the Piedmont Triad

• Much is here. More is coming.

• On the Web
• www.ncbiotech.org
• www.triadbiotech.com
• tinyurl.com/m5lra