GROWTH STRATEGIES

BUILDING A BIOSCIENCE CLUSTER

MichBio led the development of the first-ever biociences industry strategic growth plan in partnership with Business Leaders for Michigan and the Michigan University Research Corridor, highlighted in a special edition of BioMatters® magazine.

 

Those strategies rely on engaged leadership with a long-term commitment, supportive public policy, and effective public-private partnerships. The major tenants of the strategies are outlined below.

Innovation

Academic/Clinical Research Centers

Entrepreneurial Culture

Access to Capital

Federal R&D Funding

Investment Funding

Education & Talent

Skilled Workforce

K-20 STEM Education

Business Climate

Business Resources & Incentives

Regulatory Landscape

Industry Growth

Infrastructure & Facilities

Economic Growth Strategies