Active:
- Implement region’s technology strategy – NorTech
- Develop targeted industries – NorTech’s Technology Leaders Group
- Support for high potential start-ups – JumpStart
- Accelerate bioscience industry growth – BioEnterprise
- Attract and expand high-growth businesses – TeamNEO
- Improve manufacturing competitiveness – MAGNET
Planned Initiatives for 2007:
- Attract more growing companies to the region through the Regional Marketing Alliance to be led by the region’s chambers of commerce, convention and visitors bureaus, and economic development organizations
- Increase availability of funding for start-up companies through the Early Stage Capital Initiative to be led by NorTech, BioEnterprise and JumpStart
Potential Initiatives Beyond 2007:
- Develop entrepreneurial support services for small business owners
- Create a Global Attraction Alliance to establish the region as a gateway for international companies