Local governments are some of the most important players in stimulating the growth of the state’s bioscience sector. Towns and cities can bring together stakeholders from different sectors, including small businesses and startups, entrepreneurs, researchers and students. Local governments help connect these stakeholders with larger organizations, such as the national laboratories, industry partners and educational institutions.
Local officials have the expertise to advise businesses on community guidelines and tax incentives, as well as assess their community’s readiness to welcome various enterprises. Their expertise can help in revising restrictions that might hinder the growth of the bioscience industry. They can also assist with writing legislation, offering local tax incentives or rebates and deciphering tax law to make it easier to retain talent.
Local officials are also great ambassadors for their communities and can play an important role in recruiting recent university graduates to relocate in their communities.