Suffolk County Industrial Development Agency and the Workforce Development Institute published a BioTech industry report.
One of the strong suggestions was the establishment of the LIBIO organization.
Below are a collection of other suggestions that initially influence the mission and actions of LIBIO.
A collaborative, practical industry-led organization and a strategy for the region that functions as a validated guidance intended to help support companies and provide good jobs to the region. .
Therefore — LIBIO!
Existing research capacity and infrastructure focused on the life sciences, manufacturing, and health care and integrated with the public and private sectors.
Robust workforce and educational programs for incumbent workers, primary and secondary students, workers in transferable industries, the under- and unemployed, and recent graduates
Access to capital in the form of grants, loans and incentives from both public and private sources based on the needs of individual companies and the strengths of the region
Manufacturing capacity in the form of physical space that is up to date, available, and able to accommodate current and future manufacturing technologies and work environments
Specialized business incentives that encourage innovation and risk while also supporting the public good and the long-term health of the industry within the region. .
LIBIO Advocate and Collaborate
Industry representation to advocate and pursue grant opportunities.
Therefore — LIBIO!
Targeted, favorable state and regional policies that support existing businesses and creation of new ones
LIBIO Advocate with other organizations!
Public recognition of industry’s importance to the region and to the field of health care.
Formal and informal mechanisms that build community and promote collaboration and networking.