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The 2018 BIO Fly In - Amplifying the Voice of Bioscience in DC

Posted By BioKansas, Thursday, May 17, 2018

Last month, a small delegation of BioKansas members made their way to Washington DC for the 2018 BIO Fly In.  The group was diverse, with representatives from higher education, animal health, agribusiness, industrial biotechnology and human pharmaceuticals, and was fortunate enough to get face time with four of the six Kansas legislators, including Representatives Estes, Marshall and Yoder and Senator Roberts.  We hit on diverse topics driven by the interests of our members, including:

  • Support of Senate bill S. 2615, “Advancing Emergency Preparedness Through One Health Act of 2018”, and development of Federal funding mechanisms for One Health Research & Initiatives. 
  • Biobanking of Avian Flu vaccines, to allow for rapid response in the event of another major outbreak
  • Reduction of redundant, overlapping and burdensome regulations at organizations such as the FDA, EPA and USDA
  • The need to continue to develop a properly skilled workforce in Kansas including in rural areas
  • The need to continue to highlight the impact of regional assets such as the Animal Health Corridor, the University of Kansas Cancer Center and the National Bio and Agro-defense Facility (NBAF) while also embracing areas of opportunity such as digital health & pet food
  • Support for the Fairness for High-Skilled Immigrants Act

We asked one of the attendees, Jody Donohue, Communications Manager at Ceva Animal Health, to write up a short summary of her first Fly In experience.  Read below to get her perspective, and consider joining us in DC for next year’s Fly in.  Help us amplify the voice of our industry!

Dennis Ridenour
President & CEO, BioKansas



Whether you’re a political junkie who never misses a chance to spend a day in D.C. or a professional or entrepreneur with the desire to be more politically active, the BIO FlyIn is a great opportunity to learn about and talk policy.

The annual BIO Fly In was held on April 17th and 18th this year. BIO, the Biotechnology Innovation Organization, organizes the event which drew nearly 300 individuals from across the U.S. Even if you are a full-time government affairs professional, there is no way to stay informed about all of the legislation which could positively or negatively affect human, animal or plant health.  The team at BIO did a great job of highlighting about twenty initiatives important for attendees to be aware of and take time to discuss during our appointments. 

From new proposals around the protection of intellectual property to discussions around biofuels and from the need to modernize agencies to funding for public health initiatives, the discussions were diverse but relevant and positive.  Many of the topics warrant ongoing conversation between elected officials and their constituents. 

One highlight of the day was to present Senator Pat Roberts with an award for his support of Bioscience. Another was the opportunity to discuss a proposal to elevate discussions around One Health initiatives at the federal level. 

We are very fortunate to have such an engaged congressional delegation.  Many of them were able to take time out of their busy day to discuss bills working their way through Congress and what they could do to support a positive regulatory and business climate.

Besides the opportunity to discuss issues and opportunities, the chance to network with other companies and professionals in this space is outstanding. Our group had the opportunity to spend time with MOBIO the Missouri Biotechnology Association.

This was my first BIO Fly In, but it won’t be my last.

Jody Donohue
Communications Manager, Ceva Animal Health

Tags:  Advocacy  Animal Health  BIO  Digital Health  Education  Entrepreneurship  One Health  Workforce Development 

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Why digital innovation matters whether you work with patients, in the lab or on clinical trials...

Posted By Dennis Ridenour, Friday, February 23, 2018

Next Wednesday, February 28th, BioKansas is partnering with Stinson Leonard to host the Digital Health Business Summit, the capstone of a three part series originally developed to support the burgeoning digital health community that has formed in Kansas City and the surrounding region.  With two events under our belt and a multitude of introductions and connections later, I can look back in hindsight and declare that the title of the event is too narrow in scope.  Many people in the region, upon hearing the title of the event, will immediately tune out and think that this event has no relevance to them or their organization.  But rest assured, we have put together a fantastic program that will be relevant to you, even if you’re working with patients, in a lab or on a clinical trial.  Matt Condon, Founder & CEO of Bardavon Health Innovations and Chairman of the Greater Kansas City Chamber of Commerce, is our keynote speaker, and will give a talk on what KC has been doing, and can do, to disrupt and innovate in the healthcare space.  We’ll hear FDA Digital Health Updates from Sheva Sanders and Tricia Kaufman of Stinson, and will also engage two thought-provoking panel discussions, the first on one health approaches to digital health and the second on disruption and how technology is changing the way we develop drugs, perform clinical trials and treat patients.  To round out the event and provide a chance to continue the discussions started during the afternoon programming, Stinson will host a networking reception, complete with food and drink and glorious views of Kansas City from their 29th floor offices. 

What I’ve come to realize in coordinating these events, and what we hope to convey at next week’s event, is that digital and data applications have become integral, and often sizable, components of nearly every industry segment our members work in.  For example, next week’s event will feature Doug Dockhorn, Vice President of Global Data and Advanced Analytics at PRA Health Sciences.  Most people in the community would recognize PRA as one of the largest life science employers in the region, with more than 500 employees split between their two facilities in Lenexa.  However, most people are unaware that that number includes more than 70 employees working on the technology side, including data analytics and processing, automation, and even artificial intelligence. 

I was blown away when I first heard those numbers, and I think most others will be as well.  And that’s just one example in an industry that has finally started to realize the value of the data that’s being generated.  The healthcare industry has long understood that there is considerable value in the access they have to all of the patient data on their systems - just ask Cerner.  But drug development companies and contract research organizations have been much slower to come to the realization that there is also considerable value in the data being generated in pre-clinical animal studies and clinical trials.  And as research brings us closer and closer to precision medicine, the need to be able to merge all of this disparate data will only grow and grow.  The focus of one of our panels at next week’s event will be on the opportunities to impact human healthcare by integrating human and animal data.  On the panel will be Professor Jerry Wyckoff, who is leading the efforts behind 1Data, a human-animal health database designed to help save lives and improve the quality of life for humans and animals, as well as Brad White, Director of the Beef Cattle Institute at Kansas State, and Joe Young, President of AGL Technologies, who are both developing technologies that can track animals and animal health, and allow for intervention and treatment at much earlier stages of illness.  The application of similar technologies in humans will one day be a game changer.

What I’ve also come to realize is that Kansas City has the assets, expertise, and community support needed to grow into a leader in this space.  Kansas City is home to a large number of digital health companies, many of whom are thriving and have been able to find both the talent and the capital they need to grow.  But there is still much to be done and much that you can do.  At next week’s event, you’ll hear from folks like Jeff Dunn of Redivus Health, who will participate on the disruption panel, and will provide his insights not only on how Redivus is disrupting healthcare delivery, but also how Kansas City can better support companies like his.  You’ll also hear from Karen Fenaroli, who will be moderating the disruption panel, and who has been working tirelessly to attract General Assembly to Kansas City to develop a robust talent pipeline that all of us can benefit from.  So as you can see, whether you work at a straight up tech company, or at a healthcare, pharmaceutical, or contract research organization, there’s a little something for everyone at the Digital Health Business Summit next week.  We hope you’ll join us for the event, and add your voice to the discussion as we look to make Kansas City a hub for healthcare innovation.

CLICK HERE FOR MORE INFORMATION & TO REGISTER 

Tags:  Animal Health  Connect  Digital Health  Education  Entrepreneurship  One Health 

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2018 Bioscience & Innovation Day Recap

Posted By BioKansas, Thursday, February 8, 2018

Last week, BioKansas and the Enterprise Center of Johnson County led a sizable delegation to Topeka for Bioscience & Innovation Day at the Capitol.  The day featured small group meetings with legislators throughout the morning, a legislator lunch featuring talks from the ECJC, JCB Laboratories and KCAS Bioanalytical & Biomarker Services, and a short debrief session where attendees discussed takeaways and action items. 

BioKansas would like to thank Shahira Stafford and Ron Seeber of the Kansas Agribusiness Retailer's Association for their help in coordinating the day's schedule, as well as Merck Animal Health and the ECJC, who helped to sponsor the Welcom Breakfast and Legislator Lunch, respectively.  We also must acknowledge Melissa Roberts of the ECJC, who was key to the success in organizing and marketing the event.  With her help, we were able to assemble an impressively large (more than 50 strong!) and diverse delegation who collectively educated legislators on the need for resources and continued support for innovators and innovative tech and life science companies in the state.  Melissa has written up a great summary of the messaging we heard that day, which is included below. 

Going forward, BioKansas will continue to engage with the legislature throughout the remainder of the session, and we will be in contact with our membership for additional follow up opportunities and/or when the need arises.  If you are interested in joining the BioKansas Public Policy Committee, please let us know.  The committee is integral in helping guide the organization’s positions on legislation and policy, and meets once a month while the legislature is in session. 

 

From:
Melissa Roberts
Vice President, Strategy & Economic Development
Enterprise Center in Johnson County
913-449-5307

This was the first time that we’ve collaborated with BioKansas on an event like this—it was a resounding success and collaboration strengthened both our messages. I’ve attached the leave-behind we used so that you can see what issues we promoted. We had almost 50 innovators in Topeka yesterday, meeting and greeting members of the legislature and speaking to a group over the lunch hour. In the morning, we were joined by Majority Leader Don Hineman, who shared his thoughts with us. Then, we broke out into small groups and met with 38 members of the legislature.

Here are some of the messages that came across loud and clear:                             

  1. The focus of the legislature right now is on the K-12 funding formula, which has large-scale implications on the state budget for years to come. There’s very little ability to talk about additional appropriations or workforce development issues until the next budget cycle, which will be the 2019 session (for FY20).
  2. There is a broad sense of optimism that the state is nearing the end of our financial crisis and that the legislature will be able to “get back to governing” again towards the end of the session. Many in leadership agreed that this is a great time to begin the conversation about what future appropriations to support this community could look like, and expressed an interest in being involved in that process.
  3. We were able to identify some legislative advocates who will be part of future efforts to include innovation and entrepreneurship funding priorities in the FY20 budget, many of whom have expressed interest in participating in an Innovation Caucus. We are working to organize a future meeting now, and I’ll keep you in the loop as that effort progresses.
  4. All legislators who were in office two years ago immediately recognized Angel Tax Credits as the policy that they had last heard from this community about. They were all quick to bring that up, which is a great indicator that our messaging has made an impact in the past.
  5. All legislators we talked to recognized that Commerce is desperately underfunded, and that resource crunch is impacting incentives like the Angel Investment Tax Credit. We will continue to stay in close contact with Commerce to understand how we can best help  them communicate changes in the implementation of this credit to entrepreneurs and investors.

Please feel free to get in touch with any questions, thoughts or suggestions for next year!

 Attached Files:

Tags:  Advocacy  Education  Entrepreneurship  Workforce Development 

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K-INBRE & BioKansas - Supporting regional research collaboration

Posted By BioKansas, Thursday, January 11, 2018

This weekend kicks off the start of the research competition season in Kansas – on Saturday, nearly 350 undergraduate, graduate and postdoctoral researchers from across the region will gather at the Sheraton in Overland Park, Kansas, for the Annual Kansas IDeA Network of Biomedical Research Excellence (K-INBRE) Symposium.  K-INBRE is a federally funded program designed to strengthen our region’s pipeline of scientists and researchers by promoting the development, coordination and sharing of research resources and expertise.  In layman’s terms, it means there is going to be a gaggle of amazingly brilliant students and professors gathered to talk about the amazing research they’re doing here in Kansas, and the resources and expertise that is available for collaboration. 

Students researchers from 10 regional universities will be on hand at the Symposium on Saturday, and will provide two minute summaries of their research to judges throughout the afternoon poster session. Judges will be looking to identify the students with the best project, poster and presentation.  As an organization that strives to bridge the gap between industry and education, BioKansas is proud to support K-INBRE by providing industry STEM professionals to help judge and by providing funds for the winning students.  We also mix things up a bit by adding an additional component to the scoring rubric: commercialization.  We will also be looking for the best and brightest researchers the K-INBRE schools have to offer, but, in addition, we are also looking for those students who have taken the next step in the research process.  Students who have an eye toward the business of science, and are working to solve a problem or generate a product.  For these students, the projects weren’t just about understanding how things work (though that type of research IS important), but about leveraging that understanding to innovate and create something that can change the world.

We’ve seen some amazingly talented students grow up right here in our own backyards. From developing a new method of diagnosing Parkinson’s Disease using simple facial recognition software to creating new ways to prevent infections in joint replacements, Kansas can claim its stake at the forefront of innovation.  Registration is closed for K-INBRE this weekend, but we invite you to attend future research competitions, including others that we support such as the Capitol Graduate Research Summit, the Kansas Science & Engineering Fair and the Greater Kansas City Science & Engineering Fair, to catch a glimpse of the future of biotech and to see for yourself the incredible students and researchers being trained in Kansas and the surrounding region.

Tags:  BioGENEius  Connect  Education  Entrepreneurship  Training 

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The Intersection of Liabilities for Digital Health Companies

Posted By Travis Holt, Partner at Brush Creek Partners, Thursday, October 19, 2017

Are you providing a technology platform to improve the way physicians communicate with their patients? Does your website help employees better use their health insurance plan? Does your software analyze post surgical patient data and provide information to reduce the incidents of infection? If so, you’re one of many companies who may be wondering what type of exposure you have to professional liability claims related to a failure of your technology.

Let’s get one thing out of the way quickly, you should assume your general liability policy will provide no coverage for a technology failure or cyber incident. While general liability is intended to cover bodily injury, almost all general liability policies have professional liability and cyber liability exclusions. A failure of your technology is going to be considered a professional or cyber exposure, thus falling into one of those common exclusions.

To better understand your professional liability exposure, you should first ask yourself.....READ THE ENTIRE ORIGINAL BLOG POST FROM BRUSH CREEK PARTNERS

Want to talk with Travis and other experts about cybersecurity and the liabilities of digital health companies?  Join us next week for breakfast on October 26th for the next installment of our Digital Health Business Series.  

Tags:  Cybersecurity  Digital Health  Education  Entrepreneurship 

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Celebrating Regional Innovation with the University of Kansas

Posted By BioKansas, Wednesday, October 4, 2017

Innovation.  It’s one of the calling cards of our industry, and one of the most exciting aspects of the work we do at BioKansas.  We work with the researchers, students and entrepreneurs around the region who are creating, developing and commercializing the latest treatments and technologies. These advances often have the potential to make a dramatic impact by increasing treatment options and improving the quality of life for patients.  One of the primary local sources for innovation in Kansas are the universities across the region, and next week on October 10th, the University of Kansas is hosting an event focused on the most exciting innovations that professors and students are spinning out of KU and KUMC. 

The Celebration of Innovation: A Startup Showcase is a half day event highlighting the most promising early stage faculty and student startups at KU.  Guests will hear from entrepreneurial KU alumni from VML and bloom, and from the researchers and entrepreneurs pushing to develop new vaccines, medical devices and diagnostics.  Among those companies that will be featured are:

hoCFD– Founded to develop, market and sell a highly accurate/efficient computational fluid dynamics (CFD) software named hoMusic (High-Order MUlti-physics SImulation Code). Comparing with existing commercial CFD software, hoMusic can deliver more accurate turbulent flow computations using large eddy simulation (LES) in much shorter turnaround time.

Hafion– Whooping cough (pertussis), a once presumed conquered disease, is re-emerging because the current vaccine is losing effectiveness. The currently-used acellular vaccine (aP) only stops symptoms and protection is short-lived. Hafion is developing a pertussis vaccine which prevents infection, not just the symptoms. The formulation is a simple, 3-4 component vaccine requiring a single administration.

Evoke Medical – Established to translate and commercialize platform technology developed by Drs. Lisa Friis and Paul Arnold, Evoke Medical is working to research & develop osteoinductive piezoelectric medical devices in order to improve patient outcomes, reduce healthcare costs, and streamline the clinical episode of care with the singular goal of improving humanity’s quality of life. Evoke leverages the human body’s mechanical biofeedback system to design disruptive “smart implants” that heal bone using natural bone forming pathways.

Digital Nanogenetics – An early stage start-up developing an automated, portable single biomolecule sequencing technology, called exonuclease time-of-flight (or X-TOF™), which employs a sequencing by subtraction strategy unique to the commercial sequencing industry while providing superior read-length and base call accuracy at a very high speed.

Exodus Biosciences – Exodus is working to develop a blood-based biomarker test for Multiple Sclerosis that will pioneer an accessible diagnostic, enabling the identification and treatment of disease to occur earlier than ever before.

Immediately following the Showcase, KU Innovation and Collaboration (KUIC) and BioKansas will host the Inventor’s Networking Reception where attendees can network with the innovative student and faculty entrepreneurs.  The annual Baxendale Innovation Award and the Best Student Pitch Award will also be given at the reception.  We know we’ll be in attendance, looking for the next big groundbreaking technology, and we hope you are able to join us in Lawrence on October 10th for this exciting event.  For more information and to register for the Celebration of Innovation, please visit http://kuic.ku.edu/celebration-innovation-registration.

Tags:  Connect  Entrepreneurship 

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A Story of David and Goliath, Bio Sciences-style

Posted By Nancy Zurbuchen, Thursday, September 28, 2017
Updated: Thursday, September 28, 2017

At one time or another, most startup founders face frustration and road blocks, seemingly coming at them from all sides.  An unsupportive family member, being turned down for investment or a loan, unable to find qualified employees.  This is normal stuff, and entrepreneurs get creative at finding other ways to make it work.

However, sometimes entrepreneurial progress is stopped cold by federal government regulation, and this is especially true for the highly regulated bioscience sector. What’s a small bio start-up to do against a big bureaucracy? Complain to anyone who will listen? Call your Senator? Hire an attorney, for heaven’s sake? What you should absolutely do is contact the Office of Advocacy -- and that’s me, your new Region 7 Small Business Advocate.

Our sole purpose is to look out for the interests of startup companies, entrepreneurs, and small business. The Office of Advocacy employs a group of really sharp, engaged attorneys who are specialists in all of the regulatory areas, such as intellectual property, employment issues, OSHA regulations, food and drug, safety, international commerce, etc. They work directly with legislators and government agency employees who are writing new laws / rules / regulations, to help ensure that its effect on small business is taken into consideration to avoid unintended consequences. Advocacy also works to change existing regulations that are over burdensome to small business.

Think of the Office of Advocacy as a resource; we also have decades of small business research data that might be helpful to your bio start-up.

-Nancy Zurbuchen, Small Business Advocate, Region 7 (MO, KS, IA, NE)
Small Business Administration (SBA) // Office of Advocacy 
www.sba.gov/advocacy
nancy.zurbuchen@sba.gov
(314) 539-6615


Nancy and the regional SBA Office of Advocacy recently hosted a regulatory roundtable in Overland Park to help identify specific regulatory barriers to small business growth.  She'll be featured in Kansas City again on October 10th, when she will participate as a panelist at our Women in Science & Entrepreneurship event.  Click here for more information and to register.

Tags:  Advocacy  Connect  Education  Entrepreneurship 

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Supply Chain: Sprout Solutions - The answer to new FSMA regulations

Posted By Casey Chasteen - Sprout Solutions, Friday, September 22, 2017

As we approach our 2nd Annual Life Science & Healthcare Supply Chain Summit on October 17th, we wanted to highlight a few companies and organizations that will be in attendance and presenting on current trends, challenges and opportunities in life science, agricultural and healthcare supply chains.  Sprout Solutions is one of those companies, and has developed technology to help companies comply with requirements for the FDA Food Safety Modernization Act.  We'll hear from CEO Gretchen Henry during the Supply Chain Summit.  Read below for a glimpse into Sprout Solutions, and get REGISTERED to attend the Supply Chain Summit to hear more.

Sprout Solutions - The answer to new FSMA regulations

At Sprout Solutions, our mission is to help you advance agriculture through technology.
 
We’ve developed a customizable software solution for both feed mills and commodity traders – one that helps you gain Safe Feed/Safe Food Certification and creates transparency in the production and delivery of animal feed.

Our two products, CommodiTrade and Milling Station, provide mills and merchandisers with accurate, Web-based tools and systems to ensure the food they produce is not only safe, but traceable – from the farmer to the end user.


This full-service solution eliminates the need for your own IT and gives you the freedom to access the product anywhere, from a computer, tablet or your mobile device.

Long-term objectives

Efficient farm management and resource efficiency – Fewer farmers have to produce more for a growing population. Technology can have a significant impact in streamlining processes for feed mills and commodity traders.

Traceability – People want to know what is in their food and where it comes from, requiring tools that manage, monitor, trace and report food safety and product quality.

Optimize daily processes – Feed mills and farmers no longer have to notify milling operations on manufacturing requirements and recipe usage. We take care of daily logistics, automatically generating bill of lading and batching documentation.

Interested in learning more? I would love to connect and talk more about your experience and potential technology solutions that can help your business become more efficient, more agile and more profitable.

Feel free to reach out to me directly or visit our website to set up a time for a free demo.
 
Thanks for your time,
Casey Chasteen
Business Development Manager, Sprout Solutions

Tags:  Connect  Education  Entrepreneurship  Supply Chain 

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The R&D Tax Credit - A First Time Opportunity for Early Stage Companies

Posted By Dennis Ridenour, Monday, September 18, 2017

Earlier this year, we here at BioKansas heard about a change to the R&D Tax Credit that could have a significant impact on the finances of many of our smallest and most innovative members.  You see, until recently, the R&D tax credit could only be used to offset income tax.  Therefore, even though many start-up and early stage companies were eligible for the credit, they could not take advantage of it because they did not pay income taxes.  As of the 2016 tax year, eligible start-up companies can use the credit to offset up to $250,000 per year in payroll taxes.  

Because of this significant change, BioKansas is teaming up with RubinBrown to host a Lunch & Learn focused on educating our members on the awesome opportunity the changes to the R&D Tax Credit present.  We hope you'll join us next Thursday, September 28th, from 11:30 am to 1 pm for free lunch, a breakdown of the opportunity and how to go about making sure your company is taking advantage of credit.  

In the meantime, here's a short synopsis of the credit, courtesy of RubinBrowns' own Richard Wile:
"On March 30, 2017, the IRS released interim guidance explaining how eligible small businesses can take advantage of the Research & Experimentation (R&E or R&D) tax credit by electing to offset their 2017 payroll tax liability instead of their income tax liability. Previously, the R&E tax credit could only be used to offset income tax liability. This prevented many startup companies from taking advantage of the R&E tax credit since they are often in a pre-revenue or early stage revenue phase and paying little or no income tax.
The R&E tax credit is a dollar for dollar reduction of tax. The net benefit of the credit is approximately 6% of qualified expenditures coming from qualified wages, supplies and contract research. The payroll tax credit is claimed on the 941 payroll tax return filed on the quarter following that in which the corporate return was filed. Excess credits can be carried forward to subsequent reporting periods.
If a qualified small business timely files its 2016 return without making the payroll tax credit election, it may make the election on an amended return filed on or before December 31, 2017."

Come out and JOIN US next Thursday, September 28th, from 11:30 am to 1 pm to hear more about the changes and how your company might benefit.  
-Dennis Ridenour, CEO of BioKansas

 

Tags:  Education  Entrepreneurship  R&D Tax Credit  Tax 

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Topeka Science and Technology Park Task Force

Posted By BioKansas & GoTopeka, Monday, August 14, 2017
The BioKansas network stretches across the region, from St. Louis to western Kansas.  While a majority of our members are located in the Kansas City metropolitan region, one of the most interesting aspects of our role in the community is hearing about (and spreading the word about) all of the great initiatives and programs being developed in communities outside of KC.  One such community is Topeka, which boasts of major life science and healthcare organizations (Hill's Pet Nutrition and Stormont Vail Health, among others), and a number of active and engaged community leaders.  These leaders, along with community groups like GOTopeka and the Topeka Chamber of Commerce, recognize the opportunity for the city and are coming together to raise awareness of the opportunities in animal health, workforce development and entrepreneurship.  We hope you'll join us in Topeka on Thursday at the Q3 BioKansas Board Meeting & Networking Reception, where you'll have a chance to hear from these community leaders on the local efforts to raise the profile of Topeka through a number of initiatives.  You can register online for free HERE.  
-Dennis Ridenour, President & CEO, BioKansas

Given the ever-expanding Animal Health Corridor, the development and expansion of the Kansas State University north campus (adjacent to NBAF facility), along with the development of the University of Kansas west campus, there is an obvious gap (Topeka) in the expansion and growth of the corridor from Kansas City to Manhattan.

A group of business and community leaders, along with the Topeka Chamber of Commerce, have begun the process of determining how Topeka can/should participate in the continued and future growth of the Animal Health Corridor along with emerging opportunities in AgTech and Translational Health in the region. To that end:

  • A Task Force has been formed
  • Visits to proximate communities in the Corridor and adjacent communities to access and understand the economic benefit of an entrepreneurial incubator environment
  • Have hired a consulting firm to do a feasibility study and development plan to determine
  • Areas of opportunity
  • Resources required (financial, city, county, private sector)
  • Location options (possibly in conjunction with a broader re-development initiative)

While the precise nature of the opportunities and focus are still to be determined (i.e. Fintech, AgTech, logistics, etc.), it seems abundantly clear that the biosciences should/will be an area of focus.

In conjunction with the efforts of the Science and Technology Task Force, an Entrepreneurial Task Force (ETF - similar to Wichita) has also been formed and has begun to map the local resources available for start-up efforts.

Additionally, Mid-America Angels has opened a satellite effort in Topeka, and a small seed fund also has been established to begin to lay the foundation for the necessary early capital critical for attracting and retaining entrepreneurial efforts.

While still in the early stages of exploration and determination, there is a great deal of energy around this initiative.

-Duane Cantrell, CEO, Fulcrum Global Capital and Co-Chair of the Topeka Science and Technology Park Task Force

 

Tags:  Connect  Education  Entrepreneurship  Workforce Development 

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