INVESTING IN VIRGINIA�S SCIENCE AND TECHNOLOGY INFRASTRUCTURE

INVESTING IN VIRGINIA’S SCIENCE AND TECHNOLOGY INFRASTRUCTURE The Role of the States in the 21st Century Eugene P. Trani President Virginia Commonwealth University June 2000 LIFE SCIENCES/HIGH-TECH CENTURY COMPONENTS OF THE NEW CENTURY Life Sciences •genomics •end of antibiotic era •immunologic advances •life extension •cloning •new pharmacology •complementary and alternative medicine Technology •nanotechnology •expert clinical systems •clinicians connected •electronic medical records •imaging •robotics •enterprise management •the Web LIFE SCIENCE/HIGH-TECH INDUSTRY NEEDS •Business financing/incubation •Metro-regional economic growth and access to an educated workforce •Access to top-tier research universities, medical centers, and government laboratories The Zeus Console permits surgeons to perform surgical procedures at a distance, rather than at the operative site. Photo courtesy of Computer Motion, Inc. BUSINESS INCUBATION •a $1.6-billion industry in Virginia; •average annual salary: $54,225; •industry growth rate: 2.2% annually Donald J. Abraham, Ph.D. Professor/Chair, Medicinal Chemistry Director, Institute for Structural Biology and Drug Discovery METRO REGIONS: THE NATION’S ECONOMIC ENGINE •Fastest-growing sectors: high-tech/business services jobs •77% of employees in the new jobs that have been created since 1993 have at least postsecondary/bachelor’s training. WHERE ARE WE? Universities as catalysts National overview Virginia’s activities NATIONALLY RECOGNIZED TECH CLUSTERS Research Triangle Park Silicon Valley Austin Route 128 Silicon Valley, CA University of Texas - Austin Austin, TX Stanford University UNIVERSITY INVESTMENTS Yale University University of California at San Francisco Mission Bay Project Harvard University EXAMPLES OF INITIATIVES AT VIRGINIA’S PUBLIC UNIVERSITIES  GMU: Institute for Computational Sciences and Informatics; Prince William Campus  UVA: UVA Health System; Fontaine Research Park; numerous R&D centers  Virginia Tech: Fralin Biotechnology Center; Corporate Research Center; extensive outreach  ODU: Teletechnet; partnerships with the Virginia Modeling, Analysis and Simulation Center, NASA Langley Research Center, Thomas Jefferson Lab  William & Mary: Center for Operations Management, Process Engineering, and Technological Expertise; Virginia Institute of Marine Science; NASA and Thomas Jefferson lab linkages  VCU: School of Engineering; Life Sciences Initiative; VCU Health System  Community colleges: workforce development initiatives Science/Research Facilities Improvements  $582 million in GF, NGF, GOB, and tobacco appropriations  Recent examples:  NVCC Loudoun Science Building  VCU Life Sciences Building and Medical Sciences Building  Teletechnet at ODU  Investments in telecommunications, engineering, and computer science at GMU  College of Integrated Science and Technology at JMU  Center for Advancement of Life Sciences at Virginia Tech  Major improvements to UVA’s medical research facilities and technology renovations at NSU  New science building at Longwood VIRGINIA IN THE 1990S WHERE DO WE NEED TO GO? What states are doing now Virginia’s agenda THE BIG STORY: STATE INVESTMENT IN THE 21ST CENTURY Engler signs bill to link state schools Money given to life sciences research will help growth of industry in Michigan. By JEREMY W. STEELE State News Staff Writer Gov. John Engler signed a bill Monday that invests $1 billion throughout 20 years for life sciences research. The money will be used to create a “life sciences corridor” from Detroit to Grand Rapids. The corridor will include MSU, the University of Michigan, Wayne State University and the Van Andel Institute in Grand Rapids. Http://www.statenews.com/editionssummer99/072199/ pl_research.html Goals •To provide start-up companies with the infrastructure to help them grow •To create high-skill, high-paying jobs •To help faculty attract greater federal research support INVESTING IN PUBLIC UNIVERSITIES  Nine states, including Georgia, Minnesota, Maryland, and New York, have given public universities millions of dollars to set up business incubators for high-tech/biotech start-ups.  Council of Great Lakes Governors is working to make their region a national leader in biomedicine and biotech through their research universities.  California has appropriated dollars to support establishing Institutes for Science and Innovation at three UC campuses.  Delaware, Hawaii, and New Jersey have called for significant investments in university research to position their states as leaders in emerging industries.  Alabama legislators have proposed issuing bonds to finance construction of biomedical-research facilities at universities. EXAMPLES OF STATE LEADERS  Michigan: 20-year, $1-billion effort to develop a Life Sciences Corridor, with investments in research at the University of Michigan, Wayne State, and Michigan State.  Wisconsin: $317 million to build research centers at UW-Madison to create a biotech hub.  Illinois: $196-million on biotech research at universities as part of a fiveyear, $1.9-billion plan to upgrade the state’s tech infrastructure; also a $40-million gift from a Northwestern University trustee combined with a $30-million state commitment will build a new high-tech biomedical research facility near Chicago.  Missouri: recently contributed $26 million in tax credits to the new Donald Danforth Plant Science Center in St. Louis to create a center for agribiotech.  Texas: Gov. Bush announced in ‘98 a plan that includes a $60-million investment in high-tech research at the state’s universities. CURRENT INVESTMENT ACTIVITIES IN VIRGINIA  Virginia Biotechnology Research Park Virginia Division of Forensic Science and Office of the Chief Medical Examiner Some funding support for marketing  2000 General Assembly: Increased biotech and industry-potential awareness $13-million Commonwealth Technology Fund Budget approval for new $43-million Consolidated Labs project at the Research Park. THE COLLABORATIVE UNIVERSITY The Cambridge Phenomenon “ http://www.vcu.edu/president/reports/cross.html VIRGINIA’S AGENDA  Investment in the university infrastructure to support emerging technologies  Tax credit and loan programs  Venture fund  Additional incubators around the state  Workforce training programs  Increased external promotion of Virginia as a high-tech hub