Business Facilities - December 2007 - (Page 43)

College of Medicine, in addition to several other medical research facilities. The ‘Medical City’ that is being developed at Lake Nona in Orlando will give us access to the partners we need to make our research a reality.” Lake Nona and the “Medical City” there are part of the exciting events unfolding under Orlando’s new biomedical hub, bioOrlando, which was launched in June 2007. There are already plans in place to build a new Orlando Veterans Affairs Hospital and Nemours Orlando Children’s Hospital and Research Campus at Lake Nona. BioOrlando, which is operating as a council within the Metro Orlando Economic Development Commission, is in the process of becoming a major biomedical cluster, according to John Fremstad, the commission’s vice president for technologyindustry development. “It won’t happen overnight; biomedical clusters like the one in San Diego take years to build,” says Fremstad. “But we already have a strong foothold; we are already attracting numerous life sciences and biotechnology companies and will add thousands of life sciences jobs to the region.” Combined, these developments are bolstering Orlando’s position as an emerging medical and biotechnology hub. The project, when complete, is anticipated to have a potential economic impact of billions of dollars and generate thousands of jobs in the next 10 years, according to a September 2007 study by the Santa Monica, CA-based Milken Institute, an independent economic think tank. FHTCC’S MATCHING GRANTS RESEARCH PROGRAM Companies locating in the Florida High Tech Corridor can take advantage of FHTCC’s Matching Grants Re-search Program, which invests millions of dollars to assist high-tech companies develop commercially applicable technologies. In the last decade, FHTCC has invested $52 million in 800 research projects with 270 companies. “The research partnerships give meaningful research experience to INDIAN RIVER COUNTY IS EMERGING AS THE FLORIDA HUB, A LOCATION THAT’S SEAMLESSLY BLENDED THE BEST OF EVERYTHING THAT FLORIDA HAS TO OFFER. 3 3 Business-friendly climate within a tropical climate Skilled pool of available workers North-south and east-west transportation connections Vibrant cultural mix including Florida’s largest teaching museum 3 3 Visit IndianRiverChamber.com or call 772.567.3491 In cooperation with the Indian River County Leadership Foundation, Inc. #1707 at www.BusinessFacilities.com BUSINESS FACILITIES 43 http://IndianRiverChamber.com http://IndianRiverChamber.com http://www.BusinessFacilities.com

Table of Contents Feed for the Digital Edition of Business Facilities - December 2007

Business Facilities - December 2007 Contents First Word Snapshots Metro Spotlight: Albuquerque, New Mexico Corporate Moves: North Carolina 2007 Ecomonic Development Deal of the Year Awards State of the Year Seeking Supply Chain Solutions Mississippi Means Business Corporate Moves: South Carolina Biomedical Momentum in Florida's High Tech Corridor Trends in Offshoring Metro Spotlight: Stillwater, OK Metro Spotlight: Atlanta, GA Advertiser Information 2007 Salary Survey

Business Facilities - December 2007

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