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					Lawrence Biosciences Taskforce

         Strategic Plan
          Presentation



           May 3, 2005


                                 1
Lawrence Bioscience Taskforce
                                Strategic Planning   The Team
                                                     Bioscience Taskforce
                                                         •   David Shulenburger   •   Lynn Parman
                                                         •   Ted Haggart          •   Mark Buhler
                                                         •   Barbara Ballard      •   Martha Gage
                                                         •   Bennett Griffin      •   Marty Kobza
                                                         •   Bill Duncan          •   Matt McClorey
                                                         •   Bill Fuerst          •   Mike Litscher
                                                         •   Bob Johnson          •   Mike Maddox
                                                         •   Bob Marcusse         •   Mike Wildgen
                                                         •   Cheryl White         •   Paul Davis
                                                         •   Craig Weinaug        •   Ralph Gage
                                                         •   Dan Lambert          •   Randy Weseman
                                                         •   David Dunfield       •   Robert Hemenway
                                                         •   Dolph Simons, Jr     •   Robin Lehman
                                                         •   Eli Michaelis        •   Roger Pine
                                                         •   Gene Meyer           •   Sam Campbell
                                                         •   Jim Baxendale        •   Sheryl Jacobs
                                                         •   Jim Martin           •   Sherry Schaub
                                                         •   Jim Roberts          •   Steve Kelly
                                                         •   Karen Swisher        •   Steve Warren
                                                         •   Kelvin Heck          •   Tom Sloan
                                                         •   Larry McElwain       •   Tracy Taylor
                                                         •   Lavern Squier        •   Victor Frost

                                                                                                        2
Lawrence Bioscience Taskforce
                                Strategic Planning   The Team
                                                     Strategic Planning Subcommittee Members:

                                                      •   Ted Haggart-co Chair     •   Matthew McClorey
                                                      •   Sherry Schaub-co-Chair   •   Larry McElwain
                                                      •   Jim Baxendale            •   Lynn Parman
                                                      •   Sam Campbell             •   Jim Roberts
                                                      •   David Dunfield           •   David Shulenburger
                                                      •   Dennis Highberger        •   Tom Sloan
                                                      •   Bob Johnson              •   Lavern Squier
                                                      •   Donna Johnson            •   Tracy Taylor



                                                                                                            3
    Lawrence Biosciences Taskforce
              Strategic Planning




    PROCESS




4
Lawrence Biosciences Taskforce
                                 Strategic Planning
                                                      What is Strategic Planning?


                                                      STRATEGIC PLANNING is a systematic
                                                       process of:
                                                      •Forming a mission statement to clarify the
                                                       purpose of the organization.
                                                      •Identifying measurable objectives.
                                                      •Developing strategies that define how the
                                                       the organization will achieve its mission
                                                       and objectives.
                                                      •Crafting a plan to achieve the desired
                                                       results.
                                                                                                    5
                                                                 How to do Strategic Planning
Lawrence Biosciences Taskforce



                                                                                Review the History and Context
                                 Strategic Planning



                                                                                 of Bioscience at the University-
                                                                                 - in Lawrence and Douglas
                                                                                 County.
                                                      Where have we been
                                                                                Define the Current State—
                                                      and where are we?          Strengths, Weaknesses,
                                                                                 Opportunities, and Threats.
                                                                                Benchmark successful
                                                           History/Context       Bioscience Communities and
                                                                                 Universities to define the ―Gold
                                                        Current State (SWOT)     Standard‖.
                                                                                Assess the position of the
                                                            Gold Standard        University and Community in
                                                                                 Bioscience Research and
                                                         Core Competencies       Commercialization to identify
                                                                                 our Core Competencies.
                                                          Gaps and Barriers
                                                                                Identify Gaps and Barriers that
                                                                                 might hinder our ability to
                                                                                 become a leading Bioscience
                                                                                 University and Community.

                                                                                                                    6
                                                      How to do Strategic Planning Cont’d.
Lawrence Biosciences Taskforce
                                 Strategic Planning




                                                                                Where Do We Want To Be?




                                                           History/Context
                                                                                            Mission
                                                         Current State (SWOT)
                                                             Gold Standard
                                                          Core Competencies                Objectives
                                                          Gaps and Barriers




                                                                                                          7
                                                      How to do Strategic Planning Cont’d.
Lawrence Biosciences Taskforce
                                 Strategic Planning




                                                                           How Do We Get There?




                                                        History/Context
                                                                                                   Mission
                                                      Current State (SWOT)
                                                                                  Strategies
                                                          Gold Standard
                                                                                    Plans
                                                       Core Competencies                          Objectives
                                                       Gaps and Barriers




                                                                                                               8
                                                      Strategic Planning Overview
Lawrence Biosciences Taskforce
                                 Strategic Planning




                                                                     Mission
                                                                        1



                                                                    PROCESS
                                                      Plans         Strategic
                                                        4           Planning        Objectives
                                                                                        2




                                                                     Strategies
                                                                         3
                                                                                             9
                    Lawrence Biosciences Taskforce
                                        Strategic Planning




     Report
                             Planning
                                         Strategic


              Subcommittee




10
Lawrence Biosciences Taskforce                           History/Context
                                                       Current State (SWOT)
                                                           Gold Standard
                                                       Core Competencies
                                                                              History and Context
                                                        Gaps and Barriers
                                                                              “Bioscience Defined”
                                 Strategic Planning




                                                      Bioscience is research that allows scientists
                                                        to isolate and closely observe human,
                                                        plant or animal life at its most basic
                                                        form—the molecular and cellular level.
                                                        The commercial output of this research
                                                        may create the means to alleviate and
                                                        eventually cure many of the basic natural
                                                        defects found in cell structures of all living
                                                        organisms, and thus vastly improve
                                                        health care, agriculture, the environment,
                                                        and even our nation’s security.
                                                                                                         11
                                                               History/Context

                                                                                       History and Context
Lawrence Biosciences Taskforce
                                                           Current State (SWOT)
                                                                Gold Standard


                                                                                  “Beginning-National/State Status”
                                                              Core Competencies
                                                              Gaps and Barriers
                                 Strategic Planning



                                                       Bioscience research and commercialization began 20 years ago.
                                                       National bioscience employment--1.5 million in 2001.
                                                       Kansas bioscience employment--10,225 in 2001 (0.68%) of U.S.
                                                       Bioscience activity cuts across different industries—therefore no
                                                        SIC Code—making it difficult to track bioscience information.
                                                       Kansas Economic Growth Act ―groups‖ bioscience into five broad
                                                        industry categories:
                                                              Chemical Manufacturing
                                                              Pharmaceuticals and medicine manufacturing
                                                              Medical and laboratory equipment and supplies manufacturing
                                                              Research and development
                                                              Diagnostic, testing, veterinary services, and medical services
                                                       Over half of the state’s bioscience employment falls into:
                                                              Veterinary services
                                                              Diagnostic imaging centers
                                                              Medical laboratories,
                                                              Pharmaceutical preparation manufacturing
                                                              All other basic organic chemical manufacturing                   12
                                                           History/Context

                                                                                     History and Context
Lawrence Biosciences Taskforce
                                                         Current State (SWOT)
                                                             Gold Standard
                                                          Core Competencies
                                                          Gaps and Barriers     “Regional Bioscience Organizations”
                                 Strategic Planning



                                                       Lawrence/Douglas County location is in close proximity to a
                                                        bioscience workforce and prominent organizations cultivating and
                                                        supporting Biosciences:
                                                          Higuchi Biosciences Center
                                                          Kansas Biotechnology Association
                                                          Kansas City Area Development Council
                                                          Kansas City Area Life Sciences Institute
                                                          Kansas Technology Enterprise Corporation
                                                          KU Center for Research
                                                          Stowers Institute
                                                          University of Kansas
                                                               Lawrence Bioscience Task Force
                                                               Lawrence Biosciences
                                                               The Lawrence Technology Association
                                                               The Lawrence Regional Technology Center
                                                               KU Small Business Development Center
                                                               Lawrence Chamber of Commerce.
                                                                                                                           13
Lawrence Biosciences Taskforce                            History/Context
                                                        Current State (SWOT)
                                                            Gold Standard
                                                        Core Competencies
                                                                                      History and Context
                                                         Gaps and Barriers
                                                                               “History--Lawrence Bioscience Firms”
                                 Strategic Planning




                                                      Annual & Monthly
                                                                       1990                 1995 1997 1999 2001 2003 2004
                                                         Averages

                                                       Average Annual
                                                                                     305    555    465    233    259    103    170
                                                            Jobs
                                                       Average Annual
                                                                                     9.3    7.6    8.7    7.0    8.3    6.8     9
                                                       Number of Firms
                                                      Avg. Mthly. Wages
                                                                                     2487   2460   2549   2784   2890   2863   2800
                                                      ($-adj. for Inflation)
                                                      Observations:
                                                       Historically bioscience in Douglas County has been comprised of small
                                                        R&D Firms (less than 10 employees) and a few manufacturing firms.
                                                       Average bioscience wage $2700 Versus $1900 for ―All-Industry‖ versus
                                                        $2800 for ―Manufacturing‖.
                                                       Recent growth is encouraging—past decade indicates instability in
                                                        employment and numbers of firms.                                             14
                                                            History/Context

                                                                                               History and Context
Lawrence Biosciences Taskforce
                                                          Current State (SWOT)
                                                              Gold Standard


                                                                                     “9--Lawrence Bioscience Firms”
                                                           Core Competencies
                                                           Gaps and Barriers
                                 Strategic Planning



                                                      Bioscience                 Start                                                             #
                                                                                                       Bioscience Specialty
                                                         Firm                    Date                                                             Emp.
                                                        M-pact                   1979    Medical Device manufacturer and distributor.              86
                                                                                         Dry-flowing products bulk density technology
                                                       III Sigma                 1993    development and manufacturer.                             3
                                                                                         Contract research and development--and technology
                                                       Pinnacle                  1995    development.                                              13
                                                       Flint Hills
                                                                                 1995    Medical Signal Processing and R & D.                      7
                                                       Scientific
                                                                                         Research and Development with a focus on
                                                       ProQuest                  1997    pharmaceuticals.                                          4

                                                         IRIS                    1998    Instrumentation for research and development sector.      3
                                                                                         Fine-particle compound production—using Super Critical
                                                       Crititech                 2000    Fluids.                                                   5

                                                      Deciphera                  2003    Drug discovery and development company.                   13
                                                                                         Biological products and enabling technologies to life
                                                      Serologicals               2004    science companies.                                        46

                                                         Total                                                                                    170   15
Lawrence Biosciences Taskforce                            History/Context
                                                        Current State (SWOT)
                                                            Gold Standard
                                                        Core Competencies
                                                                                       History and Context
                                                         Gaps and Barriers
                                                                               “KU Bioscience Funded Research”
                                 Strategic Planning




                                                                                                          ($M) Research
                                                      Fiscal Year Headcount Research Projects
                                                                                                           Expenditures
                                                           1999                 N/A         437                16.6
                                                           2000                 1897        581                31.5
                                                           2001                 2058        574                34.6
                                                           2002                 2108        595                40.7
                                                           2003                 2285        661                47.6
                                                           2004                 TBD         680                53.3
                                                       % Increase     20.5%           55.6%                    321.4%
                                                      Observations:
                                                       2285 people employed at KU with a payroll of $60.8 million.
                                                       Funded bioscience-related research has increased more rapidly than
                                                         employment (20.5% versus 321.4%).
                                                       KU expects to add 60 new bioscience faculty in the next 5 years.
                                                       Breakout of expenditures shows 45% goes to wages and fringe benefits,
                                                         36% goes to purchased material and services, and 19% goes to
                                                         overhead.                                                           16
Lawrence Biosciences Taskforce                          History/Context
                                                      Current State (SWOT)
                                 Strategic Planning       Gold Standard
                                                      Core Competencies
                                                       Gaps and Barriers
                                                                             Strengths




                                                                                         17
Lawrence Biosciences Taskforce                          History/Context
                                                      Current State (SWOT)
                                 Strategic Planning       Gold Standard
                                                      Core Competencies
                                                       Gaps and Barriers
                                                                             Weaknesses




                                                                                          18
Lawrence Biosciences Taskforce                              History/Context
                                                          Current State (SWOT)
                                 Strategic Planning           Gold Standard
                                                          Core Competencies
                                                           Gaps and Barriers
                                                                                    Opportunities




                                                      7) Realize current funding initiatives (i.e. Kansas   19
Lawrence Biosciences Taskforce                          History/Context
                                                      Current State (SWOT)
                                 Strategic Planning       Gold Standard
                                                      Core Competencies
                                                       Gaps and Barriers
                                                                             Threats




                                                                                       20
Lawrence Biosciences Taskforce                             History/Context



                                                                                                      Gold Standard
                                                         Current State (SWOT)
                                                             Gold Standard
                                                         Core Competencies
                                                          Gaps and Barriers
                                 Strategic Planning



                                                       Success                                          Gold                                    Rating
                                                       Elements                                       Standard                            Low    Med     Hi
                                                                                •Drug Discovery                                                          X
                                                                                •Bioscience Research                                                     X
                                                      University
                                                                                •Drug Delivery                                                           X
                                                      Involvement               •Economic Development                                      X
                                                                                •Commercialization (technology transfer)                          X
                                                                                •Economic Development                                     X+
                                                      Community                 •Commercialization (University Technologies Locally)       X
                                                      Involvement
                                                                                •Momentum                                                         X
                                                                                •Seed financing for start-up firms                         X
                                                                                •Private Funding                                           X
                                                      Capital                   •Public Funding (Private companies)
                                                      Availability                     Federal
                                                                                              (SBIR-Small Business Innovation Research     X
                                                                                      and STTR-Small Tech Transfer Research)
                                                                                      Investment (KTEC, State of Kansas Angel Investor           X
                                                                                      Tax Credit)
                                                                                       Local                                              X                  21
                                                          History/Context

                                                                                          Gold Standard
Lawrence Biosciences Taskforce
                                                        Current State (SWOT)
                                                            Gold Standard



                                                                                          Cont’d.
                                                        Core Competencies
                                                         Gaps and Barriers
                                 Strategic Planning



                                                       Success                                    Gold                                 Rating
                                                       Elements                                 Standard                         Low    Med      Hi

                                                                               •Intermediary Bioscience 0rganizations                            X

                                                                               •Academic                                                         X
                                                      Professional
                                                                                                                                         X-       X-
                                                      Networking               •Government (State/local)
                                                                                                                                        state   local
                                                                               •Private                                           X

                                                                               •All interacting (i.e. academic, private, etc.)                   X

                                                                               •Scientists                                               X

                                                                               •Technicians                                              X
                                                      Bioscience               •Production Workers                                       X
                                                      Human                    •Training (i.e. secondary, post secondary,         X
                                                      resources                etc. – Non University degree).

                                                                               •Experienced biosciences business                  X
                                                                               (Managers and entrepreneurs).                                          22
                                                        History/Context

                                                                                   Gold Standard
Lawrence Biosciences Taskforce
                                                      Current State (SWOT)
                                                          Gold Standard



                                                                                   Cont’d.
                                                      Core Competencies
                                                       Gaps and Barriers
                                 Strategic Planning



                                                         Success                             Gold                            Rating
                                                         Elements                          Standard                    Low    Med     Hi
                                                                             •Space available for Bioscience Firms      X

                                                       Bioscience            •Bioscience Incubators – Existing          X
                                                                             affordable Wet Lab space
                                                       Facilities/
                                                                             •Specialized facilities and equipment                    X
                                                       Equipment
                                                                             •Access to facilities and equipment by            X
                                                                             private companies.
                                                                             •Incentives encouraging growth                    X
                                                                             •Attractive tax structures City & State           X
                                                         Business            •Commitment of Political Leadership
                                                         Climate                  Local                                               X
                                                                                  State – Financial Support                           X+
                                                                             •Business advocacy and leadership –        X
                                                                             tied to awareness

                                                                                                                                           23
Lawrence Biosciences Taskforce                             History/Context
                                                         Current State (SWOT)
                                 Strategic Planning          Gold Standard
                                                          Core Competencies
                                                          Gaps and Barriers
                                                                                Core Competencies
                                                                                                 Quartile
                                                                         Competencies
                                                                                                 Ranking
                                                      Drug Design and Discovery—KU
                                                                                                    2
                                                      Research
                                                      Drug Delivery—KU Research                     1

                                                      Cancer Research—KU Research                   2
                                                      Bioprocessing / Celliance – cell culture
                                                      products, diagnostics and contract            3
                                                      services.
                                                      Neurosciences                                 2
                                                                                                            24
                                                           History/Context

                                                                                   Core Competencies
Lawrence Biosciences Taskforce
                                                         Current State (SWOT)
                                                             Gold Standard



                                                                                   Cont’d.
                                                         Core Competencies
                                                          Gaps and Barriers
                                 Strategic Planning




                                                                                                Quartile
                                                                                Competencies
                                                                                                Ranking
                                                      Bio-informatics—KU Research                  4
                                                      Bio-engineering (Mechanical
                                                                                                   4
                                                      engineering – just starting to build).
                                                      Bio-Sensors                                  3
                                                      Information Technology                       1
                                                      Interdisciplinary Collaboration (i.e.
                                                                                                   3
                                                      film, arts, etc.)
                                                      NSF Engineering Research Center              1
                                                                                                       25
Lawrence Biosciences Taskforce                              History/Context
                                                          Current State (SWOT)
                                                              Gold Standard
                                                          Core Competencies
                                                                                 Gaps and Barriers
                                                           Gaps and Barriers
                                 Strategic Planning




                                                      1. Private investment in research and product development.
                                                      2. Unsettled political environment regarding science policy.
                                                      3. Inability to collocate public and private research at KU due
                                                         to state laws and other legal concerns.
                                                      4. Insufficient financial capital at all stages of development.
                                                      5. Few local examples of commercializing University-based
                                                         technologies.
                                                      6. Limited private sector access to affordable market
                                                         research.
                                                      7. Lack of funding and incentives.
                                                      8. Few established bioscience companies (i.e. no critical
                                                         mass).
                                                                                                                        26
                                                            History/Context

                                                                                 Gaps and Barriers
Lawrence Biosciences Taskforce
                                                          Current State (SWOT)
                                                              Gold Standard



                                                                                 Cont’d.
                                                          Core Competencies
                                                           Gaps and Barriers
                                 Strategic Planning




                                                      9. Lack of experienced business managers.
                                                      10.Lack of Bioscience Technical Training.
                                                      11.Lack of existing affordable wet lab space for the
                                                        private sector.
                                                      12.Education and training for start-up Bioscience CEO’s.
                                                      13.Coordinated marketing/branding/public relations
                                                        initiatives for biosciences.
                                                      14.Availability of a community clearing house for
                                                        coordinating bioscience initiatives.
                                                      15.Funding for local Bioscience Initiatives.

                                                                                                                 27
Lawrence Biosciences Taskforce
                                 Strategic Planning     Strategic
                                                        Planning
                                                                    Our Mission ---


                                                      Advancing Lawrence as the
                                                         most prosperous and
                                                          livable university
                                                        community through the
                                                             biosciences.

                                                                                      28
Lawrence Biosciences Taskforce
                                                            Strategic
                                                            Planning
                                                                         Bioscience Objectives
                                 Strategic Planning




                                                            Bioscience Objectives                 Current    2015
                                                      KU Bioscience Funded Research                $60M     $120M
                                                      KU Employment (incl. Students)               2373     2,873
                                                      Private Sector Firms                          11        30
                                                      Private Sector Employment                    185      1,185
                                                      New Investment *Cumulative Net Investment    $4M      $50M*
                                                      Seed Funding for Start-ups                   $1M      $20M*
                                                                                                            30-40%
                                                      Salaries and Wages (Averages)               $33,600
                                                                                                             Above
                                                      Payroll Impact                              $6.8M     $57M
                                                                                                                     29
Lawrence Biosciences Taskforce
                                 Strategic Planning         Strategic
                                                            Planning       Strategies and Plans
                                                      Strategy #1—Develop Bioscience Industry Resources
                                                        by providing an infrastructure of professional talent,
                                                        modern facilities, specialized equipment and capital
                                                        around targeted core competencies currently emerging
                                                        at the University and in the community’s private sector.
                                                      Action Items
                                                      1. Create a City, County, University, Chamber inter-local
                                                         agreement to fund and sustain bioscience initiatives.

                                                      2. Create community information clearing house for bioscience.

                                                      3. Create a single point of contact for business at the university.

                                                      4. Construct affordable clean room and wet lab space.

                                                      5. Enhance and expand LRTC businesses assistance resources
                                                         and capabilities.                                       30
Lawrence Biosciences Taskforce
                                 Strategic Planning        Strategic
                                                           Planning
                                                                         Strategies and Plans
                                                      Strategy #1—Cont’d.
                                                      Action Items
                                                      6. Improve access to early-stage capital (i.e. develop strong angel
                                                         investor network, etc.).
                                                      7. Create a ―Bio-Bank‖ Capital Fund Partnership.
                                                      8. Create public-private partnership that allows collocation of
                                                         private and university research.
                                                      9. Enhance access to experienced professional support services
                                                         (e.g. legal, accounting, sales, marketing, etc.).
                                                      10.Develop consortium for buying and sharing equipment and
                                                         instrumentation.
                                                      11.Provide shared access to market research databases, search
                                                         engines and scientific journals.
                                                      12.Identify experienced bioscience entrepreneurs and managers.
                                                      13.Expand qualified technical-based labor pool (e.g. mid-level PI’s
                                                         and research directors).
                                                                                                                            31
Lawrence Biosciences Taskforce
                                 Strategic Planning        Strategic
                                                           Planning
                                                                        Strategies and Plans
                                                      Strategy #2—Create a Bioscience Industry Climate
                                                        that encourages, supports, and sustains the growth
                                                        of bioscience firms and the commercialization of
                                                        University research in Lawrence and Douglas
                                                        County.
                                                      Action Items
                                                      1. Create a City, County, University, Chamber inter-local
                                                         agreement to fund and sustain bioscience initiatives.

                                                      2. Resolve public private legal issues that inhibits collocation
                                                         of private and university research.

                                                      3. Enhance state and local government assistance and
                                                         incentive programs.

                                                      4. Encourage a ―friendly‖ regulatory and tax environment.          32
Lawrence Biosciences Taskforce
                                 Strategic Planning       Strategic
                                                          Planning     Strategies and Plans
                                                      Strategy #2—Cont’d.
                                                      Action Items
                                                      5. Develop predictable permitting, planning and land
                                                         development processes and procedures.

                                                      6. Work with private sector to provide land and facilities
                                                         needed for future growth.

                                                      7. Offer higher education curriculum and training
                                                         opportunities to support existing and future
                                                         bioscience needs.

                                                      8. Create programs at the University Technology
                                                         Transfer Office that promote strong working
                                                         relationships with local Industry.
                                                                                                                   33
Lawrence Biosciences Taskforce
                                 Strategic Planning       Strategic
                                                          Planning
                                                                      Strategies and Plans
                                                      Strategy #3—Implement a Bioscience Industry
                                                         Attraction Plan to grow a critical mass of bioscience
                                                         firms by raising the profile of the community and
                                                         recruiting outside firms, talent, and capital.
                                                      Action Items
                                                      1. Develop a Marketing Plan and Brand Image for
                                                         biosciences.

                                                      2. Utilize the Lawrence Chamber of Commerce and its
                                                         Economic Development Division as the coordinating
                                                         entity for biosciences initiatives.

                                                      3. Work with the Kansas Bioscience Authority and The
                                                         University to recruit Federal Bioscience Research
                                                         Facilities and Funding.
                                                                                                                 34
Lawrence Biosciences Taskforce
                                 Strategic Planning       Strategic
                                                          Planning    Strategies and Plans
                                                      Strategy #3—Cont’d.

                                                      Action Items
                                                      4. Offer Higher Education Curriculum and Training
                                                         Opportunities to support Existing and Future
                                                         Bioscience Companies.

                                                      5. Cultivate Relationships with Regional Bioscience
                                                         Organizations to Ensure Continued Collaboration
                                                         within the Region.

                                                      6. Target Suppliers of Existing Bioscience Companies
                                                         as a Business Attraction Priority.

                                                                                                             35
     Lawrence Biosciences Taskforce
                         Strategic Planning




        Implementation




36
     Lawrence Biosciences Taskforce
            Strategic Planning
                                        Planning
                                        Strategic

                                 Implementation Agenda




37
                                                                      Board of Directors
Lawrence Biosciences Taskforce
                                                          Strategic
                                                          Planning


                                                                      (Governing Body)
                                 Strategic Planning




                                                      Representation                            #
                                                      City Mayor or designee                    1
                                                      County Commission Chair or designee       1
                                                      Chamber of Commerce President and Chair   2
                                                      University Heads                          2
                                                      Heads of Bioscience Companies             2
                                                      ―At-Large‖ Member                         1
                                                        TOTAL                                   9

                                                                                                    38
                                                                      Bioscience Position
Lawrence Biosciences Taskforce
                                                          Strategic
                                                          Planning


                                                                      and Place
                                 Strategic Planning



                                                      •Title—should reflect position of authority—
                                                      either Director or Vice President level.
                                                      •Criteria for Selection—will require previous
                                                      experience and education with demonstrated
                                                      track record in Bioscience Development.
                                                      •Reporting Relationship—will fit within existing
                                                      Economic Development priority at the Chamber
                                                      of Commerce by reporting to the Chamber
                                                      President.
                                                      •Staffing, Location, and Support—can be
                                                      provided by the Lawrence Chamber of
                                                      Commerce.
                                                                                                         39
                                                                       Implementation
Lawrence Biosciences Taskforce
                                                           Strategic
                                                           Planning


                                                                        Scenarios
                                 Strategic Planning



                                                      •Scenario 1—‖Barebones‖ Focus on construction of
                                                      ―Bioscience Laboratory‖ Space which would be significant to
                                                      Bioscience Commercialization. Utilize existing Economic
                                                      Development Organization to support Bioscience Commercial
                                                      Development.

                                                      •Scenario 2—‖Start-up‖ Hire the Bioscience Position to
                                                      begin implementing the early stages of the Strategic Plan by
                                                      developing a business plan and constructing basic ―Bioscience
                                                      Laboratory‖ Space.

                                                      •Scenario 3—‖Accelerated‖ Hire, staff, and fully fund the
                                                      Bioscience Position. This would include aggressively
                                                      developing a business plan consistent with the Strategic Plan,
                                                      constructing Bioscience Laboratory Space, commercializing
                                                      Bioscience University Research, and recruiting Bioscience
                                                      Companies.                                                       40
                                                                         Bioscience Operating
Lawrence Biosciences Taskforce
                                                             Strategic
                                                             Planning


                                                                         Budget
                                 Strategic Planning



                                                      OPERATING COST                        Scenario 1 Scenario 2 Scenario 3
                                                      One Time Cost
                                                       Recruiting and Hiring                        0      25,000     25,000
                                                        Subtotal                                    0      25,000     25,000
                                                      Annual Operationing Cost
                                                       Salary and Benefits                           0    103,231    103,231
                                                       Office Expenses                           5,000     10,000     20,000
                                                       Marketing and Business Development       10,000     20,000     45,000
                                                       Support Staff Cost                            0     12,000     25,000
                                                        Subtotal                                15,000    145,231    193,231
                                                      University Cost
                                                       Operating Expenses                       80,000     80,000     80,000
                                                        Subtotal                                80,000     80,000     80,000
                                                            TOTAL                               95,000    250,231    298,231

                                                                                                                               41
                                                                               Bioscience Capital
Lawrence Biosciences Taskforce
                                                              Strategic
                                                              Planning


                                                                               Budget
                                 Strategic Planning




                                                      CAPITAL COST                            Capital     Scenario 1 Scenario 2 Scenario 3
                                                                                                          1 B/S Lab 2 B/S Labs 5 B/S Labs
                                                      Bioscience Lab Space (1500 Ft2 @ $1M)
                                                        1 Bioscience Laboratory               1,000,000
                                                        2 Bioscience Laboratories             2,000,000
                                                        3 Bioscience Laboratiories            3,000,000
                                                        4 Bioscience Laboratories             4,000,000
                                                        5 Bioscience Laboratories             5,000,000
                                                      Note: Amortization and Debt Service
                                                      Approximately $100,000 per
                                                      $1,000,000 in Capital

                                                      Amortization and Debt Service Expense                  100,000    200,000    500,000




                                                                                                                                         42
                                                                          Bioscience Total
Lawrence Biosciences Taskforce
                                                           Strategic
                                                           Planning


                                                                          Budget
                                 Strategic Planning




                                                      OPERATING COST            Scenario 1 Scenario 2 Scenario 3
                                                      One Time Cost                       0    25,000     25,000
                                                      Operational Cost              15,000    145,231    193,231
                                                      University Cost               80,000     80,000     80,000
                                                      Capital Cost                 100,000    200,000    500,000
                                                       FIRST YEAR TOTAL            195,000    450,231    798,231
                                                       ANNUAL TOTAL                195,000    425,231    773,231




                                                                                                               43
Lawrence Biosciences Taskforce
                                 Strategic Planning         Strategic
                                                            Planning
                                                                        Funding Alternatives
                                                           SOURCES                  Scenario 1 Scenario 2 Scenario 3
                                                       FIRST YEAR TOTAL              195,000    450,231    798,231
                                                       ANNUAL TOTAL                  195,000    425,231    773,231

                                                      Scenario-1
                                                       Local Government                 195,000          --             --
                                                      Scenario-2
                                                       Local Government                    --         425,231           --
                                                      Scenario-3
                                                       Local Government                    --            --          425,231
                                                       Bioscience Authority                --            --          348,000
                                                         Total                             --            --          773,231
                                                      Scenario 1 "Barebones " Fund using City and County Mill Levy.

                                                      Scenario 2 "Start-up " Fund with increased City and County Mill Levy.

                                                      Scenario 3 "Accelerated" Fund using City and County mill Levy
                                                      Increase at the same level as Alternative 2 and partner with the State
                                                      Bioscience Authority for the balance.                                    44
                                                                         Next Steps to Launch
Lawrence Biosciences Taskforce
                                                            Strategic
                                                            Planning


                                                                         the Strategic Plan
                                 Strategic Planning




                                                               Action Steps              Expected Results        Date Resp.
                                                                                       Strategic Planning
                                                      1. Finalize Strategic Plan.                                4/31/05    SS
                                                                                       Document
                                                      2. Present to Task Force,      Final Communication to                 SP
                                                                                                                 5/3/05
                                                      receive feedback, and approve. Task Force                            Comm.

                                                      3. Present findings to Multi-    Key community groups                 SP
                                                                                                                 5/15/05
                                                      Community Groups.                aware                               Comm.

                                                                                       Board of Directors in
                                                      4. Select Bioscience Board.                                9/1/05     LS
                                                                                       Place
                                                      5. Hire Director of Bioscience   Experienced Bioscience
                                                                                                                 1/1/06     BB
                                                      Development.                     ―Head‖ Hired
                                                                                       BP—Consistent with and
                                                      6. Develop and Adopt
                                                                                       Supportive of Strategic   2/1/06    VPBD
                                                      Business Plan.
                                                                                       Plan
                                                      7. Determine requirement for     ―Bioscience Lab‖ Space
                                                      ―Bioscience Lab‖ Space and       Available to Accept       7/1/06    VPBD
                                                      Develop Schedule.                Bioscience Business                       45

				
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