Piedmont Triad Research Park Wet Lab LaunchPad
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Piedmont Triad Research Park Wet Lab LaunchPad
Piedmont Triad Research Park's (PTRP) Wet Lab LaunchPad provides resources and amenities to growing high tech companies. According to the Park's website www.ptrp.com the LaunchPad provides the next step up from incubation in the commercialization process for companies in the Winston-Salem, NC region. PTRP's Wet Lab LaunchPad opened in 2007 to accelerate the growth of the research park and to stimulate the local economy with furnished lab and office space within the newly constructed 180K square foot Richard H. Dean Biomedical Research Building.
The Dean building also houses Wake Forest University (WFU) Health Sciences as an anchor tenant to provide a stabilizing structure in the development process. Tenants gain access to WFU faculty, expertise and equipment as well as the shared facilities located within the accelerator. Tenants also receive shared conference rooms, A/V equipment and administrative support for growing business.
The Wet Lab LaunchPad is located in proximity to the WFU Babcock Demon Incubator (BDI) and is designed to take graduate companies from BDI to the next level in development. The Incubator is associated with WFU Institute of Regenerative Medicine and assists companies affiliated with the University in building business and marketing strategies. BDI recently received over $100K in grants for further expansion and development of the incubator program. Incubator companies are expected to establish monetary income and to have a sustainable business plan before they graduate from the incubator. The BDI website wfubdi.org explains that graduate companies should be in the process of growing, creating jobs and generating capital, but some may not be completely ready to move into an environment independent of the incubator program and support network. The Wet Lab LaunchPad was then developed to transition graduate companies from BDI or elsewhere to ease them into a self supported enterprise, and make room for new companies in the incubator.
Eventually companies at the LaunchPad will grow to an extent where they can move to a new private facility in PTRP and continue to interact with the networks and resources they developed while at BDI and the accelerator. PTRP is currently undergoing a series of redevelopment and restructuring to better provide Class A facilities and resources in cooperation with WFU. The region is able to accelerate the growth of high technology companies within Winston-Salem and Greater North Carolina with broad financial resources and scientific strengths. The North Carolina Biotechnology Center has offices within PTRP and is able to provide direction and support to growing high tech enterprises.
Read Luminogenics Babcock Demon Incubator entry
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Luminogenics is a resource with interests in systems of technology commercialization in the life sciences. Included here is a directory of hundreds of biotech incubators, research parks, and associations.
