Dr. Gordon C. Baylis
Vice President of Research
WKU Participates in BIO
|Author: Lynn Minton|
Date: Thursday, June 6th, 2013
The BIO Conference, held in Chicago this year, attracts the biggest names in biotech, offers key networking and partnering opportunities, and provides insights and inspiration on the major trends affecting the industry.
More than 1,600 exhibitors, 16,000 biotech executives and scientists and industry leaders from more than 65 nations attended the event. Also featured were keynote addresses and teaching sessions from key policymakers, scientists, CEOs and celebrities.
Studies show that entrepreneurs like those at BIO are helping drive the economy in Kentucky. One of Kentucky’s important tools for attracting entrepreneurs is the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Matching Funds Program. The initiative helps support Kentucky’s small high-tech businesses as they explore the potential of their technology and the ability to commercialize it. The program, the most comprehensive of its type in the nation, matches both Phase 1 and Phase 2 federal awards.
Governor Beshear attended the convention and met with high-tech startups, bioscience and healthcare entrepreneurs, encouraging them to move their ideas, companies and jobs to the Commonwealth.
“Determined entrepreneurs with innovative products and services are so important in keeping Kentucky’s economy on the right track,” said Gov. Beshear. “The annual BIO convention not only showcases cutting-edge technologies and startup companies from the Commonwealth, it also lets us show the world how Kentucky offers support for entrepreneurs and small businesses.”
Photo: Larry Hayes, Secretary of the Kentucky Cabinet for Economic Development and Lynn Minton, Manager of Marketing and Business Development at WKU.