Strategic Plan V3 CXNS

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Strategic Plan V3 CXNS Acknowledgments The North Carolina Biotechnology Center thanks the Golden LEAF (Long-term Economic Advancement Foundation) for providing a grant to support the development of this strategic plan. The Biotechnology Center also acknowl- edges the important contributions of RTS Inc., which facilitated work group meetings and participated in the development of strategic recommendations, and Duke Power for contributing to the printing costs of this document. Also essential to the development of this plan were the participation and contributions of the following Biotechnology Center staff: Leslie Alexandre Nancy Kozlowski Christy Russell Steven Burke Sperry Krueger Bill Schy John Craichy Rob Lindberg Barry Teater Boris Hartl Robert Peterson Ken Tindall Kathleen Kennedy Maria Rapoza Amanda Wherry New Jobs Across North Carolina Message from the Governor Economic development in North Carolina has always been guided by three core beliefs: progress, education, and innovation. Our state’s biotechnology industry has been built on these beliefs. Today it is an essential economic engine that can benefit all North Carolinians. North Carolina’s biotechnology industry ranks among the nation’s five larg- est, with more than companies employing , people and generating annual revenues of billion. Despite the economic downturn, this industry is growing to percent a year. Our universities are discovering and devel- oping new technologies, new companies are being created, established com- panies are expanding, and companies are moving new products toward the market. Although we have had much success, I believe that we have only scratched the surface of North Carolina’s potential in biotechnology. To reach that potential, we need a clear roadmap to the state’s biotechnology future — a plan that fully taps North Carolina’s many resources to create jobs and products for today and the future. With this imperative in mind, last summer I asked former governors Jim Hunt and Jim Martin to chair a blue ribbon steering committee charged with devel- oping a strategic plan for maintaining and improving North Carolina’s strong position in biotechnology. For the past six months, with able support from the North Carolina Biotechnology Center, the best and brightest scientists, edu- cators, business and government leaders, university and community college leaders, economic developers, and biotechnology experts from every corner of North Carolina have been working hard to develop this plan. is report, New Jobs Across North Carolina: A Strategic Plan for Growing the Economy Statewide through Biotechnology, is the culmination of that effort. It includes recommendations on how we can attract and grow new companies; train and improve our workforce; strengthen partnerships among businesses, universities and community colleges, and government; and improve math and science K- education. New Jobs Across North Carolina should be carefully considered. I know that my administration and especially the Department of Commerce will take advantage of this report as we develop next steps in economic development strategy and determine how best to position North Carolina to gain the eco- nomic and social benefits from biotechnology. North Carolina should be on every company’s short list of places to carry out biotechnology research, development, testing, and manufacturing. Working together, I believe that we can and will achieve that goal. — Michael F. Easley Governor, State of North Carolina 2 3 New Jobs Across North Carolina A Strategic Plan for Growing the Economy Statewide through Biotechnology Steering Committee Mr. Dennis J. Dougherty e Honorable Beverly E. Perdue General Partner Lieutenant Governor Co-Chairs: Intersouth Partners State of North Carolina e Honorable James B. Hunt, Jr. Secretary James T. Fain III Ralph Snyderman, M.D. Womble Carlyle Sandridge & Rice, Secretary Chancellor, Health Affairs PLLC North Carolina Department of Duke University e Honorable James G. Martin Commerce e Honorable E. Norris Tolson Corporate Vice President Mr. Billy Ray Hall Secretary Carolinas HealthCare System President North Carolina Department of North Carolina Rural Economic Revenue Leslie M. Alexandre, Dr.P.H. Development Center, Inc. e Honorable William L. President and Chief Executive Charles E. Hamner, Ph.D., D.V.M. Wainwright Officer President Representative North Carolina Biotechnology North Carolina Biosciences North Carolina House of Center Organization Representatives Ms. Molly Corbett Broad Mr. Robert A. Ingram Mr. Richard L. Wiley President Vice Chairman, Pharmaceuticals Director, Economic Development e University of North Carolina GlaxoSmithKline Duke Power Mr. John F.A.V. Cecil e Honorable Martin Lancaster President President President North Carolina Economic Biltmore Farms, Inc. North Carolina Community College Development Association Mr. S. Lawrence Davenport System President e Honorable Howard N. Lee J.P. Davenport and Son, Inc. Chairman Mr. Walter Davis North Carolina State Board of Investor Education 2 3 New Jobs Across North Carolina Message from Gov. James B. Hunt and Gov. James G. Martin Co-Chairs, Strategic Plan Steering Committee When the North Carolina Biotechnology Center was created in , it was the first state-supported biotechnology initiative in the world. No other state or country has established such a comprehensive and effective model to stim- ulate biotechnology development. As a result, North Carolina has emerged as a leading place for biotechnology growth and development, creating jobs and improving our quality of life. Now, more than years later and with biotechnology growing at a more rapid pace than ever, we have put together a strategic plan to guide us through the next years, with the ultimate goal of having , biotechnology-related jobs by . To achieve this goal, we must get down to business fast by imple- menting the strategies in this plan. Strong cooperation among government, business, and academia is required to sustain the momentum that has put North Carolina among the nation’s top five biotechnology states. We must continue to recruit new companies, expand existing companies, and encour- age spinouts from companies and universities, and we must accelerate the pace at which we do so. We are fortunate in North Carolina to have the abil- ity to implement all of these efforts in all parts of the state. Biotechnology applications in North Carolina’s main industries — agriculture, health care, environmental sciences, forestry, and many others — are already spreading biotechnology beyond Research Triangle Park and into other areas of the state. North Carolina has all of the essential ingredients for success, including top-ranked universities and community colleges, a capable work force, and a high quality of life. We will continue to rely on these strengths to attract biotechnology companies to our state, but we must enhance them even fur- ther and be creative and innovative in meeting the competitive challenge. We already have a great foundation on which to build. We are at a competitive crossroads with many other states looking to recruit biotechnology companies. In this critical time, we must find the resources needed to implement this strategic plan effectively and efficiently to make sure that North Carolina is the most attractive state for companies looking to locate or expand. We have the potential to create thousands of new jobs in every part of North Carolina by applying these strategies. Ever since the Wright Brothers made their historic flight at Kitty Hawk in , North Carolina has been a leader in technology. One hundred years later, North Carolina is still cultivating that visionary spirit. As we celebrate being “First in Flight,” let us also strive to be first in biotechnology. — e Honorable James B. Hunt, Jr. — e Honorable James G. Martin Womble Carlyle Sandridge Corporate Vice President & Rice, PLLC Carolinas HealthCare System 4 5 New Jobs Across North Carolina Message from the President of the Biotechnology Center Six months ago, Governor Easley charged the Biotechnology Center with developing a long-term strategic plan to guide future state investments in biotechnology and appointed a blue-ribbon steering committee to help facili- tate our success. To ensure broad participation and diversity of views in the planning process, we promptly convened nearly North Carolinians repre- senting our many industrial, academic, governmental and community part- ners throughout the state. e result is New Jobs Across North Carolina: A Strategic Plan for Growing the Economy Statewide through Biotechnology. e plan’s stated goal of , and , biotechnology-related jobs in North Carolina by and respectively is clearly ambitious. To those of us familiar with North Carolina’s strong biotechnology assets, the goal is aggressive but fully achievable. Success, however, will depend on substantial and sustained investments in the strategies outlined in this plan and strong support from the parties involved with their implementation. Accounting for percent of all U.S. biotechnology jobs and revenue and with the fastest rate of growth of new companies in the country, North Carolina is already a leading site for biotechnology economic development. New Jobs Across North Carolina builds upon that success by leveraging the talents and resources of all participants in our large and cohesive biotechnology com- munity. e plan lays out an ambitious but realistic roadmap for moving the entire state forward in biotechnology development.
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