Biz Monday: BioFlorida brings its bioscience voice, know-how to SW Fla.
Biz Monday: BioFlorida brings its bioscience voice, know-how to SW Fla.
The recent downturn in the Southwest Florida economy stands as proof that diversification beyond the traditional real-estate foundation is critical to our area's future. The addition of high-wage, year-round, future-oriented jobs will serve not only to lessen the impact of seasonality and economic trends, but also to reduce our reliance on residential ad valorem taxes to support governmental services.
While traditional health-care services have long been a major component of local employment, the broader bioscience cluster, which includes future-oriented industry, research, education and provider services, is projected to be a major growth area in upcoming decades.
To assure that this area is positioned to attract this emerging business market, BioFlorida, in partnership with the Lee County Office of Economic Development and other economic development organizations in the region, has launched a Southwest Florida chapter, its sixth in the state.
More than 10 years ago, BioFlorida was just a small organization with a big idea: to create a vehicle for the voices of Florida's bioscience industry. At the time, the bioscience sector, particularly in Florida, was merely a fledgling industry. We've come a long way since then, with the state putting some significant investment in businesses in the bioscience sector. Companies such as Scripps Research Institute, Burnham Institute, Max Planck, SRI International, M2Gen, and Torrey Pines Institute have seen multimillion-dollar investments at the local and state level and given notice that Florida is a highly competitive contender in attracting bioscience companies.
The mission of BioFlorida is to be the voice of the industry by focusing on creating and maintaining a favorable business and legislative environment as well as advancing the commercialization of research. The Southwest Florida chapter, which includes Charlotte, Collier, Glades, Hendry, Lee and Sarasota counties, will serve as the central communications conduit for networking, recruiting, training and information, as well as a link to statewide efforts.
There are 25 well-established bioscience companies in the region, as well as the recently announced regional research park near the Southwest Florida International Airport. The potential for expanding this network and infrastructure is enormous.
The resources necessary to support growth within this industry segment are already in place in Southwest Florida. Foremost are the academic institutions, particularly Florida Gulf Coast University - with an established bioengineering program - and Edison College - with a well-regarded allied health training program. In fact, FGCU's recent research program on combatting global biological weapons, funded by a U.S. Department of Defense grant, has been awarded high praise not only for its results, but also for its role as a future indicator of sustainable economic diversity.
For more information on BioFlorida, visit its Web site at
www.bioflorida.com. For more information the efforts of the Lee County Office of Economic Development and the Horizon Council, visit
www.LeeCountyBusiness.com.
The Lee County Horizon Council is a 62-member, public-private board that advises Lee County commissioners on economic issues. It works to improve Lee County's business environment, retain and encourage expansion of existing businesses and attract new and diversified employment.
-Jennifer Berg is a communications specialist with the Lee County Office of Economic Development.
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