International Economic Development Council (IEDC) Webinar: Biotechnology for Economic Success

Biotechnology for Economic Success

» Online registration

Date: Thursday, July 17
Time: 2:00 - 3:30 pm EST
Cost: $85 for IEDC members, $125 for Non-members
Registration deadline: Tuesday, July 15
Login instructions: Emailed to participants on Wednesday, July 16

Content contact: Dana Rothstein, drothstein@iedconline.org
Registration contact: Earnestine Jones, ejones@iedconline.org

Across the country, communities are looking to the promise of the biotech industry - especially life science start-ups - to reinvigorate their economy. Communities with strong healthcare and bioscience clusters were found to be among the top economic performers for job creation, according to recent Milken Institute research. The biotechnology industry continues to expand into new areas including agriculture and manufacturing. How do communities identify and tap into the opportunities presented by the biotechnology industry?

Join IEDC as two leading industry experts, Baiju R. Shah, President and CEO of BioEnterprise and Perry Wong, Senior Managing Economist at the Milken Institute, examine:

  emerging industry trends

  characteristics of competitive biotechnology regions

  strategies to support biotech start-ups and transfer technologies with local partner including universities and hospitals

  methods to gather community resources to support biotechnology development strategies

  recommendations on how to grow and support bioscience firms.

Perry Wong will identify emerging trends and competitive traits of successful biotech regions to help you better understand how to grasp the economic development opportunities of this economically dynamic industry.

Baiju Shah will then discuss how Cleveland was able to leverage the resources of hospitals and universities to commercialize bioscience technologies and incubate life science companies—and in the process, build the base of a new economic future for this older industrial region. Cleveland now ranks 5th in the nation for its cluster of health-related venture capital firms, due in part to the strategic efforts of BioEnterprise and others to invest in this industry sector.

Register today! Space is limited so don’t delay.

Speakers

Baiju R. Shah
President and CEO
BioEnterprise

Baiju R. Shah is President and CEO and also a Founder of BioEnterprise. BioEnterprise--a partnership of Case Western Reserve University, Cleveland Clinic, Summa Health System, and University Hospitals--is a business formation, recruitment and acceleration initiative to support the growth of bioscience companies. Since starting four years ago, the BioEnterprise Initiative has helped create, recruit, or accelerate more than 70 companies that have collectively attracted more than $650 million in new funding, primarily from venture capital and private equity sources.

BioEnterprise provides management advice, business development, and access to capital to medical device, biopharmaceutical, and health care services ventures in the Cleveland area. In addition, BioEnterprise works with a range of partners to catalyze the development of the region’s entrepreneurial system: new investment funds, entrepreneurial resources and training, investment conferences, talent development, and public policy. The initiative’s success has drawn significant attention and interest from regions around the U.S. that are seeking to grow their bioscience and technology clusters.

Prior to BioEnterprise, Shah was with McKinsey & Company, where he played a leading role in the Growth and Business Building practice and helped develop two new service lines: developing corporate new venture units and monetizing intellectual property.

In the community, Shah serves on the Governor’s Workforce Policy Board and Strategic Development Advisory Board, and the Boards of the Great Lakes Science Center, The Saint Luke’s Foundation, NorTech, Yale Alumni Association, and Summer on the Cuyahoga, of which he is also Founder and Chairman. Shah, a Cleveland native, received a J.D. from Harvard Law School and his B.A. from Yale University.

Perry Wong
Senior Managing Economist
Milken Institute

Perry Wong is a Senior Managing Economist in Regional Economics at the Milken Institute. Wong is an expert on regional economics, development and econometric forecasting and specializes in analyzing the structure, industry mix, development and public policies of a regional economy. He designs, manages and performs research on labor and workforce issues, the relationship between technology and economic development, and trade and industry, with a focus on policy development and implementation of economic policy in both leading and disadvantaged regions. Wong is actively involved in projects aimed at increasing access to technology and regional economic development in California and the American Midwest.

Wong began his career in regional industry analysis, spatial economics, industry development economics which he applies to his work at the Institute in studies such as The Economic Contributions of Health Care to New England and Manufacturing Matters: California’s Performance and Prospects.

Prior to joining the Institute, Wong was a senior economist and director of regional forecasting at Global Insight, Inc. (formerly Wharton Econometric Forecasting. He also co-authored the DC Economic Recovery Act Impact Study presented to the U.S. Congress and worked on an API-sponsored study on the effects of carbon and particulate emission containment on the regional economy.

Wong earned his master's degree in economics at Temple University in 1990 and completed all course requirements for his Ph.D.

Instructions and Technology

Instructions and dial-in information will be sent up to one week prior and a minimum of three times. If you do not receive an email from IEDC or Genesys Conferencing 24 hours prior to the start of the web seminar, it is your responsibility to contact Dana Rothstein at drothstein@iedconline.org. No refunds or credits will be given for not receiving the dial-in information for the web seminar.

Audio

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Web

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Cancellation, Refund and No-Show Policy

• Refunds are available with cancellation until July 3. There are no refunds for cancellations received after July 3, 2008.

• All cancellations must be received in writing by email, fax or mail to Earnestine Jones (e-mail: ejones@iedconline.org / fax (202) 223-4745). Cancellations by phone are not accepted.

• All cancellations and requests for a refund after July 3 need to be submitted in writing to Earnestine Jones and will be considered on a case by case basis. There is no guarantees to a refund or credit after July 3 and will be given consideration under unforeseen circumstances.

Attend Web Seminars and Earn Recertification Credits from the Comfort of Your Office

We understand that CEcDs have a constant yearning to grow and improve their knowledge and expertise in economic development. Therefore, the IEDC web seminars have been approved as professional development programs for recertification. The web seminars provide a convenient and cost-effective online environment for economic developers to learn about cutting-edge research, techniques, and tools that are prevalent in the field.

CEcDs participating in a minimum of three (3) web seminars during a three-year recertification cycle can now earn recertification credits. If you have questions or would like more information, please contact Kobi Enwemnwa at kenwemnwa@iedconline.org.