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Larimer County Bioscience Cluster. Strategies for Success. www.fcgov.com/business. Bioscience Cluster History. January 2004: Fort Collins Tech Incubator convened the first meeting of the “Fort Collins Bioscience Initiative.”
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Larimer County Bioscience Cluster Strategies for Success www.fcgov.com/business
Bioscience Cluster History January 2004: Fort Collins Tech Incubator convened the first meeting of the “Fort Collins Bioscience Initiative.” June 2004: Bioscience Initiative and CBSA hosted the first Bioscience Larimer County program at the Lincoln Center. June 2005: Bioscience strategic plan completed, “Building Northern Colorado’s Bioscience Future.” By the Larimer County Bioscience Initiative. November 2006: City of Fort Collins and CBSA agreed to fund a part time contract position to provide leadership for the Larimer County Bioscience Cluster. www.fcgov.com/business
Bioscience Cluster Plan Update Strategy I: Improve availability of funding for bioscience companies, especially seed and early stage. 2006 Accomplishments • Improved visibility of Larimer Bioscience Startups to Bioscience VCs statewide • Encouraged CSURF’s development of a pre venture funding program • Provided SBIR Grant educational opportunities www.fcgov.com/business
Bioscience Cluster in Action Success Story: CSURF’S Commercial Opportunity Fund Funded Technologies to Date • Advanced MicroLabs • Keen Ingredients • Cytomation GTX www.fcgov.com/business
Bioscience Cluster Plan Update Strategy II: Enhance the success rate of small/start-up bioscience companies and support needs of existing firms in the region. 2006 Accomplishments • Developed monthly meeting for regional Bioscience Industry & Key Stakeholders • Hosted quarterly Bioscience Educational/Networking programs • Provided ongoing communication with City of FC regarding local Bioscience Industry www.fcgov.com/business
Bioscience Cluster Plan Update Strategy II: Enhance the success rate of small/start-up bioscience companies and support needs of existing firms in the region. 2006 Accomplishments (Continued) • Supported City of FC hiring an Economic Advisor to help build Bio Industry Cluster • Surveyed regional Bioscience Industry to determine employment/training needs • Supported availability of contract labs at CSU
Bioscience Cluster in Action Success Story: InViragen • Dual Incubator Support • Access to VC & Bioscience Mentors • Winner of CBSA Venture Showcase Award • Improved Regional Bioscience Culture www.fcgov.com/business
Bioscience Cluster Plan Update Strategy III: Support CSU’s critical role in regional and statewide bioscience effort – maximize commercialization of bioscience discoveries. 2006 Accomplishments • Met with State legislators re importance of CSU to the Colorado Bioscience Industry • Put national spotlight on CSU’s excellence in bioscience research • Enhanced communication between CSU, CBSA and Bioscience Industry regarding tech transfer & sponsored research www.fcgov.com/business
Bioscience Cluster in Action Success Story: Colorado House Bill 1360 • Dr. Ian Orme presented funding frustration to Bioscience Initiative • CBSA instrumental in preparation & passing HB 1360 www.fcgov.com/business
Moving Forward • Prepare 2008 Strategic Plan • Coordinate Websites – central location for regional bio information • Develop unique Bioscience infrastructure to serve as regional magnet – i.e., rental GMP labs • Increase focus on productive linkages between Bio Industry & CSU research discoveries www.fcgov.com/business
Larimer County Bioscience Cluster Members • Bay City Capital • Capital Funding Strategies • Centers for Disease Control • Cedus • Chata • City of Fort Collins • Colorado BioScience Assn. • CSU Research Foundation • CSU-Assoc.VP Eco Devo • CSU-VP for Research Office • CSU-Venture Development • Cytomation GTX • FC Bioscience Cluster • FC Area Chamber • Front Range CC • Heska • INB Hauser • Inviragen, LLC • Legacy BioDesign • NCEDC • Paul Anderson Productions • Phoenix Biomolecular • PR Pharmaceuticals, Inc. • Pulmonary Support Services • QLT USA • RM Regional Center of Excellence • RMC Biosciences • Rocky Mtn. Instrumental Labs • Secure Piers, LLC • XY, Inc. www.fcgov.com/business