UEDA Summit 2013 - Awards of Excellence - Community Connected Campus - Collaborative Formation and Development of the Bioscience & Technology Business Center
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The University of Kansas has forged an innovative commercialization eco-system in partnership with the Bioscience & Technology Business Center (BTBC). The partnership is unique in that it acknowledges the limited resources of a small Midwestern community and creates a novel combination of university, government, and private resources focused on technology-based economic development. Early backing from the Lawrence Chamber of Commerce led to modest but sustained commitments of city, county and state funding. These commitments leveraged larger investments by the Kansas Bioscience Authority and KU itself. The BTBC serves as KU’s incubator and also provides space for existing companies wishing to partner with KU. In concert with the development of this unique model KU raised the stature of commercialization through its strategic plan, Bold Aspirations. The KU Center for Technology Commercialization (KUCTC) is the single commercialization enterprise for the university with tech transfer, company formation, and industry partnerships centralized into one organization for both the main campus and the medical center. This structure provides a pipeline to the BTBC. Together, KUCTC and BTBC have become the university’s champion in support of community-engaged economic development. The tangible success of this partnership is measurable. For 2012, KU reported $10 million in licensing revenues — a tenfold increase over 2012. Company start-ups and industry-sponsored research have increased. The BTBC is also growing. A 30,000 square foot expansion will house multiple new tenants as well as the KUCTC. This move further signals the culture change and the next inflection point for the university’s economic development mission. View the Case Study: http://universityeda.org/value-to-members/best-practice-sharing/awards-of-excellence/awards-of-excellence-2013-finalists/collaborative-formation-and-development-of-the-bioscience-technology-business-center-at-the-university-of-kansas/
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UEDA Summit 2013 - Awards of Excellence - Community Connected Campus - Collaborative Formation and Development of the Bioscience & Technology Business Center
- 1. University Economic Development Association Presented by partners in economic development University of Kansas Bioscience and Technology Business Center October 2013 Replace This Text with Your Logos
- 2. Community Connected Campus What Does Success Look Like? • Improved connection to the community/region • Role in the economic infrastructure of the region • Impact on the region and the measures for success Replace This Text with Your Logos
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- 6. Problem Addressed • The problem, and how we became involved Replace This Text with Your Logos
- 7. Replace This Text with Your Logos Create → Source → Package → Sell
- 8. Getting to the Solution • Originality, scalability, replicability and sustainability of the initiative • What we did that was innovative and unique • The benefits/impacts realized from this initiative • The assistance provided by our organizations Replace This Text with Your Logos
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- 10. What Comes Next? • Phase Three Replace This Text with Your Logos
- 11. Replace This Text with Your Logos Attributes of the next phase
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Notes de l'éditeur
- The eCAP Story (Use the children image slide)Imagine a software technology that efficiently matches at risk children with a foster family, efficiently and effectively, without the tedious task of human analysis and guesswork;Then, imagine underlying research that profiles those foster families and their unique characteristics that insure that the child placement is three times more successful as all other placement techniques;Now imagine the melding of that technology and its supporting research into a commercial venture that provides a new software product available to all foster care agencies across the country, thereby transforming the foster care industry by making those placements more cost efficient and sustainable thereby improving the lives of these at-risk children.That is the story of eCAP. eCAP is one of the ways in which we at KU and BTBC show success. It is a unique story of collaboration of private industry (the provider of the technology), the University (Sch of Soc Welfare), and the commercialization catalyst (the BTBC).
- The Argenta Story (Use the landscape slide with the addition of cows)Or consider the story of Argenta, a New Zealand-based animal health CRO. Three years ago when Argenta was looking for a place to create its U.S. based operations it discovered the Animal Health Corridor in the Midwest. The company contacted the Lawrence Chamber of Commerce, through its KC affiliate.Rather than following age-old, traditional protocols of looking for real estate to sell or rent to this company, the Chamber took a different approach. It contacted the BTBC and KU and asked for assistance in recruiting this company to Lawrence using the research assets and capabilities of KU as its prime recruiting strategy. It worked. Today, Argenta has established labs in Lawrence on the KU west campus. These labs were outfitted and furnished by BTBC. The company is communicating closely with KUIC and KU’s most distinguished professor in Pharm Chem regarding its ongoing research. And, just recently the company indicated that it is contemplating relocating all of its state-side manufacturing operations at the BTBC in Lawrence. The story of Argenta is one collaboration among the Lawrence business community, KU, and the BTBC. The business community succeeded by attracting to Lawrence a growing enterprise that is providing jobs. KU succeeded by discovering a future industry partner, closely aligned with its already well-recognized School of Pharmacy. BTBC succeeded by finding a potential tenant company that may, potentially, anchor a future innovation and research park.
- The Story of CEBC and ADM (use a slide featuring a picture of Juan Bravo in ADM’s lab in BTBC west)You all have heard about Archer Daniels Midland, ADM, the giant national agribusiness company, based in Decatuer, Illinois. What you may not know about is the Center for Environmentally Beneficial Catalysis, a unique and thriving chemical engineering research Center at KU.Ten years ago ADM and CEBC found each other and formed a research partnership; that partnership took a significant commercial step three years ago, in 2010, when ADM announced plans to establish an R&D lab near KU and CEBC. A facility was needed to accommodate ADM’s plans. The City of Lawrence and Douglas County joined together with BTBC to purchase a neighbor facility for ADM, investing over $3m in this commercialization facility. It outfitted the space specifically for ADM’s needs enabling the research partnership to flourish.Today, ADM and CEBC are working closely together on developing new biorefining technologies. In fact, with the help of KUIC this partnership is expanding into an innovation hub that will attract other companies who want to engage in this growing area of biorefining.The emergence of this development is result of collaboration of the City of Lawrence, Douglas County, private industry, KU, and BTBC. These three anecdotes symbolize the success that has been achieved at KU and in Lawrence. They are part of a larger story of start-up companies, existing companies who want to expand their operations and research capabilities, and KU spin-outs—all coming together to form an emerging culture of innovation, collaboration and entrepreneurship. A modern center of commercialization.
- Five years ago, none of this existed in Lawrence and at KU. The, leaders of the local government, business community and University of Kansas came together and acknowledged the existence of a problem, that being an underperforming economy in a community and State with limited resources. Then, they had a bold idea: “let’s collaborate—marshall our resources—to produce measureable economic development for our town and state by leveraging the many and varied assets of KU. Let’s use the University of Kansas, one of Kansas’s most valuable resources as an economic development engine and create an ecosystem of entrepreneurship.”They created a coalition consisting of the local governmental entities (City and County), the business community (Lawrence CC), and the University. BTBC was born. From the very beginning all agreed to three conditions: One, all are partners—equal partners. Two, all are capital investors. Three, all share in BTBC’s common purpose: create and recruit companies that produce jobs and wealth and ensure public benefit through commercialization of inventions created at KU. For the past five years this coalition has matured. Today, there are over 30 companies that are part of this entrepreneurial ecosystem system which spans the KU Lawrence campus as well as its Medical Center campus in Kansas City. Over 120 people are employed by these enterprises generating payrolls of over $4.5m annually. Research is expanding. Private industry partnerships with KU and the Lawrence community are being discovered. The venture has been successful enough that the State of Kansas Department of Commerce became a coalition and stakeholder partner. The addition of state government to this collaborative effort provides an important link to the Kansas legislature and administration.By next summer at the conclusion of construction of the latest expansion project on west campus, the coalition partners will have invested more than $20m, combined, in this development. It is a remarkable story of marshaling assets and resources to create a powerful economic development enterprise.
- A commitment to shared risk In conjunction with the creation of the BTBC coalition was the commitment of KU to commercialization resulting in the transformation of its technology transfer systems and the emergence of KUIC.KUIC has awakened KU to the concepts of commercialization through the hiring of national talent, various programs, expansion of its private sector commerce initiatives, etc. KUIC provides a pipeline to BTBCEtc.
- Part 3: What nextInnovation and Research Park