Global Life Sciences Cluster Report 2011 - Jones Lang LaSalle
Global Life Sciences Cluster Report 2011 - Jones Lang LaSalle
Global Life Sciences Cluster Report 2011 - Jones Lang LaSalle
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Houston<br />
BioHouston, a non-profit organization founded by area<br />
research institutions, works for partnerships with the business<br />
community to commercialize research among the area’s<br />
centers of excellence.<br />
Specific available funding includes:<br />
■ Texas Emerging Technology Fund, which helps expedite<br />
development and commercialization of new technologies<br />
and recruits the best available research talent in the world<br />
■ Gulf Coast RCIC, processor of applications for Commercial<br />
Awards from the Texas Emerging Technology Fund<br />
■ BioHouston has established a match-making program<br />
to introduce emerging Texas life science companies to<br />
local and national venture capital firms and established<br />
life sciences companies<br />
■ Small Business Innovation Research (SBIR)/Small Business<br />
Technology Transfer (STTR) offers advice and information<br />
on applying, as well as a visual step-by-step overview for<br />
small business applicants.<br />
■ Various support networks for emerging companies include<br />
the Houston Angel Network, Rice Alliance for Technology<br />
and Entrepreneurship and the Texas Coalition for Capital<br />
56 Americas | <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong><br />
Outlook<br />
The city of Houston, with assistance from state government,<br />
has made great strides in recent years to promote and bolster<br />
the city’s research institutions. Grant programs, industryminded<br />
organizations and steady venture capital funding have<br />
helped the Texas Medical Center and its affiliates to develop<br />
a deep research capacity.<br />
Outside of the institutions, companies, and facilities associated<br />
with TMC, however, Houston currently lacks the established<br />
commercialization infrastructure needed to move innovation<br />
out of the laboratory. Its geographic separation from mature<br />
coastal life sciences clusters is a challenge for the region as<br />
is the competition it faces from surrounding Texas cities.<br />
Grant programs, industryminded<br />
organizations<br />
and steady venture capital<br />
funding have helped the<br />
Texas Medical Center<br />
and its affiliates to develop<br />
a deep research capacity.<br />
Tof C
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