Navigation Links
Greater Gainesville Region Advances as Florida’s Leading Location for Biotech Incubation and Technology Transfer
Date:5/29/2017

The Sid Martin Biotechnology Institute was recently named the 2017 Biotech Incubator of the Year by the International Business Innovation Association and the Milken Institute has ranked the University of Florida third nationally for tech transfer.

“These accolades underscore what business leaders in and out of Greater Gainesville already know: assets such as the Sid Martin Biotech Institute and the University of Florida are major, vital forces in advancing Greater Gainesville as Florida’s premier hub for biotechnology, research and entrepreneurship,” said Thomas Clemens, Vice President of Economic Development, Gainesville Area Chamber of Commerce.

The new ranking by the Santa Monica, California-based Milken Institute places UF two spots ahead of its 2006 #5 ranking, and now positions the University ahead of schools such as Stanford, MIT and Cal Tech, as well as the entire University of Texas System. In the past 14 years, the UF Office of Technology Licensing has launched 175 biomedical and technology startups, generating more than $1 billion in private investment. In 2014, the Office of Technology Licensing received 337 invention disclosures on $707 million in University of Florida research, signed 85 licenses and options, and launched 15 companies.

The Sid Martin Biotech Incubator’s receipt of the International Business Innovation Association’s Randall M. Whaley Incubator of the Year award for 2017 marks the second time the incubator has received a top-billing accolade; the first was in 2013. Established in 1990, the Sid Martin Biotechnology Institute has worked with more than 100 biotechnology companies, created over 2,200 high-tech jobs, and has had more than $1.62B in capital and merger and acquisition activity. SMBI touts a survival rate of 93% for companies in the incubator dating back to 2003.

Gainesville’s entrepreneurial environment extends beyond the life sciences industry. There is a strong ecosystem for startup growth in areas such as engineering, hi-tech, and agricultural sciences. The Gainesville region has the highest concentration of 18- to 44-year-olds in Florida and more than twice the state average of advanced degree holders.

“The ability to nurture businesses from startups into successful, publicly traded companies teamed with unmatched assets including an educated workforce, low cost of living, nationally ranked collegiate sports, vibrant night life, and quality amenities, all play a role in elevating Greater Gainesville’s competitiveness on the global stage,” said Clemens.

###

Located in North Central Florida, Greater Gainesville is home to the state's youngest and most educated population, the 4th most prolific university commercialization engine in the nation, the University of Florida, and the nation's No. 1 community college, Santa Fe College. The Gainesville Area Chamber of Commerce represents more than 1,300 members that employ more than 80,000 employees. The Chamber works to advance its mission to facilitate economic prosperity, business growth and community progress in the region. Via five lines of business - Business Development, Economic Development, Workforce Development, Public Policy, and Regional Growth - the Chamber is working to position Greater Gainesville as a global hub of talent, innovation and opportunity. For more information visit http://www.gainesvillechamber.com.

Read the full story at http://www.prweb.com/releases/2017/05/prweb14372905.htm.


'/>"/>
Source: PRWeb
Copyright©2017 Vocus, Inc.
All rights reserved


Related biology technology :

1. Vital Imaging Makes Greater Commitment into MRI Research
2. FarHawk Marketing Services Represents IonBench™ and MS Noise™ at the Greater Boston Mass Spectrometry Discussion Group Corporate Night October 3rd
3. Bayer CropScience Supports 10th Anniversary of United Way Of The Greater Triangle’s Girls’ Leadership Development Initiative
4. Clinical Conductor CTMS Partners with the Greater Gift Initiative to Donate Vaccines
5. The Greater Gift Initiative Reaches Milestone of 25,000 Vaccines
6. Proove Biosciences CEO Brian Meshkin Wins 2013 Bridging the Gap Award by the Greater Baltimore Committee
7. Greater ChiChina Chain Catering Industry Report, 2013-2016 Available at Marketresearchreports.biz
8. Greater New England Minority Supplier Development Council Donates $2,500 to AmeriCares to Fight Ebola Outbreak on the Front Lines
9. Greater New England Minority Supplier Development Council Announces the Launch of the GNEMSDC Advanced Leadership Program (GALP)
10. Greater Boston Laboratory Real Estate Market Posts Healthy 9.5 Percent Vacancy Rate
11. Greater Omaha Economic Development Partnership is VIP Sponsor for ITRA Global Spring Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/9/2018)... ... August 08, 2018 , ... Since their establishment in 2012, ... with a team nearly double its’ size from last year, the company is thrilled ... turned heads and impressed crowds at a private product launch event during the ...
(Date:8/7/2018)... ... August 06, 2018 , ... PetPace , the makers of a smart ... today announced the launch of a groundbreaking study to identify and eventually predict problems ... study of pregnant dogs sponsored by PetPace and conducted by Dr. Smadar Tal, DVM, ...
(Date:7/27/2018)... WASHINGTON (PRWEB) , ... July ... ... Biobased and Renewable Products Advocacy Group (BRAG®) and representatives of the Biotechnology ... discuss the two groups’ recently-issued white paper, “Proposal for a Toxic Substances ...
(Date:7/25/2018)... , ... July 25, 2018 , ... ... (NYCPM) & Foot Center of New York’s (FCNY) acquisition of several Erchonia low-level ... excellence in podiatric medical education and clinical experience. Their students receive comprehensive ...
Breaking Biology Technology:
(Date:8/14/2018)... ... 2018 , ... Career fairs provide an ideal setting for ... at once. However, healthcare professionals often have hectic schedules with little spare time ... providers who wish to explore opportunities and learn about multiple employers from the ...
(Date:8/14/2018)... ... August 13, 2018 , ... NRD, LLC ... and P-2021-5602 Cleanroom Ionizing Gun. , The ionizing gun features ergonomic design ... ionizing cartridge, 0.5-micron filter and electropolished OSHA-compliant tip. This can be cleanroom packaged ...
(Date:8/14/2018)... ... August 14, 2018 , ... ... monitoring solutions for the global scientific community, announced today the establishment of a ... new division is to foster and support scientific collaborations with ActiGraph’s academic and ...
Breaking Biology News(10 mins):