Berkshire Life Sciences Center
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- Todd Hancock
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1 Daniel Bianchi, Mayor City of Pi)sfield Cory Thurston, Execu,ve Director Pi)sfield Economic Development Authority Rod Jané, President New England Expansion Strategies
2
3 Background 1. Life Sciences Act of 2008: $1 Billion Investment 2. Earmark to City of PiIsfield of not less than $6.5 Million for the Design, ConstrucOon, and Development of a Life Sciences Incubator Building 3. MassachuseIs Life Sciences Center has funded $55,000 for a Feasibility Study/Business Plan for the BLSC 4. PiIsfield has selected Rod Jané of New England Expansion Strategies to Conduct the Study
4 Purpose of MeeCng 1. Provide Overview of Berkshire Life Sciences Center (BLSC) 2. Find out More About Your OrganizaOon s Mission, Resources, and CapabiliOes 3. Obtain Your Feedback Regarding the Shaping of the BLSC Mission, Strategy, Services, and CapabiliOes 4. IdenOfy PotenOal Areas of Partnership and CooperaOon
5 Building on the Berkshires Strengths 1. Highly Skilled/Educated/Low Cost Workforce 2. Strong industry clusters of medical devices, advanced materials, engineered plasocs 3. Very low real estate and operaong costs 4. Improved CommunicaOon/IT: MTC broadband inioaove 5. Outstanding Quality of Life and Very Affordable 6. Nuclea Biotechnologies startup success, experose, partners 7. Highly engaged local colleges Berkshire CC and MCLA
6 Berkshire Community College (Pi)sfield, MA) 3,000 students Associates Degrees in Biotechnology, Biology, Health Science, Computer Science, Engineering Clean Room Training IniOaOve to Support BLSC MA College of Liberal Arts (North Adams, MA) 1,800 students (undergraduate and graduate) Bachelors Degrees in Biology (BioinformaOcs), Chemistry, Computer Science, Physics, Math New Center for Science & InnovaOon
7 Proximity to Research UniversiCes & Hospitals University of MassachuseIs Amherst (48 miles) Rensselaer Polytechnic InsOtute (38 miles) University at Albany SUNY (43 miles) Albany Medical Center & College (44 miles) Berkshire Health Systems (1 mile) Baystate Medical Center (53 miles) Albany VA Hospital (42 miles)
8 Background - IniCal Concept(s) & Ideas 1. 20,000 s.f. New Building in William Stanley Park 2. Low cost post- incubator commercializaoon & manufacturing 3. Clean room capabilioes and training (Berkshire CC) 4. Business, legal, IP, and administraove support 5. IT Backbone (MCLA- Clark University- Nuclea) to support bioinformaocs 6. Lab and technical equipment facilioes TBD These concepts to be tested and validated by the Feasibility Study
9 Two Step Approach 1. Phase One - Feasibility Study and Business Plan (4-5 months) 2. Phase Two Facility, OperaOng and Financial Plan (3 months)
10 Phase One ObjecCves 1. Assessment of life sciences strengths and assets in the Berkshires and surrounding regions and how BLSC can best fit into MA Life Sciences Ecosystem 2. Test Hypotheses of the need for low cost advanced manufacturing and commercializaoon facility 3. Determine any other unmet needs for services and capabilioes that BLSC could provide
11 Phase One ObjecCves 4. Assess exisong life sciences centers in MassachuseIs and surrounding regions that focus on advanced manufacturing and commercializaoon 5. Establish Best Opportunity for capabilioes to be provided by BLSC that maximize the probability of success as measured by: - Economic Development (Jobs) - Financial Sustainability
12 Phase One ObjecCves 6. Business Plan will include: Markets Served, inioal list of prospecove customers (users/ tenants) and MarkeOng Framework Services & Benefits to be provided Key Partnerships and Sponsors to be established Likely deal flow from incubators/startup community Conceptual Facility Plan: size, features, cost, schedule
13 Phase One Feasibility Study Process 1. Engagement with local & state government, higher educaoon, hospitals, incubators, venture capital, industry, economic & trade groups 2. Robust direct engagement and primary analysis through face- to- face meeongs, phone, workshops 3. Determine partnership and/or customer potenoal by assessing parocipants capabilioes, resources, unmet needs, potenoal mutual benefits, and interest level
14 Local Government and Regional Econ Dev City of Pi)sfield Pi)sfield Economic Dev Authority (PEDA) Pi)sfield Economic RevitalizaCon Council Berkshire Chamber of Commerce Berkshire Applied Technology Council Berkshire LegislaCve DelegaCon Western MA Econ Dev Council BLSC Feasibility Study Outreach State Government & Industry Trade Groups MA Life Sciences Center MA Office of Business Development MassDevelopment MA Labor & Workforce Development MA Biotechnology Council MassMedic MA Technology CollaboraCve MA Technology Transfer Center Higher EducaCon MA College of Liberal Arts (North Adams) Berkshire CC (Pi)sfield) Williams College (Williamstown) UMass Amherst UMass Medical School (Worcester) UMass - Lowell RPI (Troy, NY) University at Albany SUNY (Albany, NY) Clark University (Worcester) Union College (Schenectady, NY) Albany Medical College (Albany, NY) SUNY College NanoScience & Engineering (Albany) Hospitals and Medical Research Berkshire Health Systems (Pi)sfield ) Baystate Medical Center (Springfield) Mercy Medical Center (Springfield) PVLSI (Springfield) VA Hospital (Albany, NY) Albany Medical Center (Albany, NY) Joslin Diabetes Center Dana Farber Cancer InsCtute
15 Medical Devices, Adv. Materials & PlasCcs Sabic (formerly GE Pi)sfield) Bayer Material Science (Sheffield) Berkshire Corp. (Great Barrington) The Chamberlain Group (Great Barrington) Angiodynamics (Latham, NY) Apex Resource Technologies (Pi)sfield) Sinicon PlasCcs (Pi)sfield) Boyd Technologies (South Lee) Crane & Co. (Dalton) BLSC Private Sector Outreach Energy, Biofuels, BioinformaCcs, IT GE Energy (Schenectady, NY) General Dynamics Adv Info Systems (Pi)sfield) Venture Capital JP Morgan Health Sciences Atlas Ventures Third Rock Ventures SV Life Sciences Biopharma Nuclea Biotechnologies (Pi)sfield) Molecular Metabolism (Pi)sfield) AMRI (Albany, NY) Regeneron PharmaceuCcals (Rensselaer, NY) Taconic Farms (Hudson, NY) Life Sciences & NanoTechnology Incubators MA Biomedical IniCaCves (Worcester) M2D2 (Lowell) Emerging Ventures Ecosystem (RPI Troy, NY) SUNY Albany Biotech Incubator (E. Greenbush, NY) RNA InsCtute at SUNY Albany (Albany, NY) CNSE Albany NanoTech Complex (Albany, NY) INVEST (Russell Sage Troy, NY)
16 OrganizaCon Profile InformaCon Mission Number of Employees Resources & CapabiliOes Research & InnovaOon Focus Areas ExisOng Industry CollaboraOons
17 PotenCal Partnership/CooperaCon OpportuniCes 1. What gaps exist in your research and product development capabilioes that BLSC could address? 2. What Specific Resources, CapabiliOes, Services do you need to help commercialize innovaoons? 3. In what ways could your organizaoon contribute to and benefit from the BLSC? 4. What partnership opportunity areas exist between your organizaoon and BLSC? 5. Are you interested in further exploring these?
18 AddiConal Feedback & SuggesCons for BLSC 1. Is there a need for a life sciences center that focuses on low cost commercializaoon and advanced manufacturing? 2. What specific capabilioes, services, equipment should BLSC provide to complement the exisong MA life sciences ecosystem and maximize the probability of success? 3. How should BLSC idenofy, contact, and generate awareness among companies and potenoal customers of this exciong opportunity in the Berkshires? 4. Are there addioonal parocipants you believe would be important to reach out to as part of our feasibility study?
19 Thank you for ParOcipaOng Your Input is Invaluable!
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