3. Growth Businesses
• Use new technology in
new ways
• Use R&D to innovate
• Invest in work force
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4. The Opportunity:
Growth Companies
• Spinoffs from regional
growth industries, such as
pharmaceuticals
• Advanced manufacturing
products of all types
• Entrepreneurial
companies, startups
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13. KerrTar Hub:
An “Enhanced” Technology Park
• Special facilities
– Incubators or accelerators
– Testing/research labs
– Advanced IT capability
– Shared meeting and conference space
• Specialized services
– Industryspecific workforce training
– Marketing/export promotion
– Regulatory review/adherence
– Business assistance
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15. High return on investment
• New companies and jobs
located in the Hub and
existing parks
• Growth of suppliers and
service providers
• Jobs for workers in all five
counties
• Share in property tax
revenues
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17. Where we’re going
• Detailed planning
– Site selection
– Ownership and management agreements
– Facilities design
– Sales and marketing
• Fundraising
– Pursuing state, federal, foundation grants
– Local matching funds will be needed
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