Once a bioscience industry is established, it’s important for a state to develop homegrown talent to meet a company’s staffing needs. New Mexico is fortunate to have many educational institutions whose graduates meet these requirements. These colleges and universities...
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...
The quest to grow a thriving bioscience sector in New Mexico will require a variety of complementary strategies. Gaining Capital The need for capital is one of the biggest obstacles for building a bioscience business. Potential funding sources include state-funded...
Case studies from states that have already built vibrant bioscience industries can help New Mexico craft a strategy for success. Georgia provides a good model. In 1990, it established the Research Alliance, a collaboration among businesses, research...
GrowBio NM aims to replicate in New Mexico the best practices developed by other states to build a vibrant bioscience industry. North Carolina offers one of best examples of how a successful bioscience policy can work. It once faced economic difficulties similar to...
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