The University of Arizona Bio5 Drug Discovery Institute knows "Where Bio Works®."
The University of Arizona Cancer Center knows "Where Bio Works®."
Bioscience and Bioindustry work at Innovation Park in Oro Valley, Ariz., just north of Tucson.
The Arizona Bioindustry Association, the Arizona Commerce Authority, Tucson Regional Economic Opportunities, the Bioscience Leadership Council of Southern Arizona and many other companies, organizations and associations have discovered bio works phenomenally at Innovation Park.
Two global pharmaceutical giants, Sanofi and Roche, are early pioneers at Innovation Park, which still has 275 acres of pristine desert ready for biodevelopment.
Innovation Park is the Tucson region's heart for taking a "garage" startup to international prominence.
Roche acquired Ventana Medical Systems, the most successful spinoff company from the University of Arizona, where one professor developed an automated tissue diagnostics platform to become a global leader in advanced cancer detection and personalized treatment protocols. Roche is projecting to have 3,000 employees at Innovation Park by 2015.
Sanofi started as Selectide, founded by four University of Arizona professors, who found a way to create a massive amount of molecular compounds in a process called combinatorial chemistry. Sanofi recently opened a new state of the art LEED Gold facility at Innovation Park, where researchers from around the world create millions of compounds a year for target screening in a world class environment.
Venture West assembled 275 acres since 2005 around Ventana and Sanofi to create Innovation Park — and Innovation Park calls Oro Valley home.
Oro Valley is "Where Bio Works®" because it is a planned community, where high-tech is welcomed just as much as a half dozen golf courses, the Hilton El Conquistador Golf and Tennis Resort and instant access to the Santa Catalina Mountains for bikers and hikers.
Yahoo! ranked Oro Valley as one of the Best Places to Live in Arizona in January 2011 based on median household income, educational attainment (43.5 percent of residents have a bachelor's degree or more) and low property crime rates.
Family Circle Magazine found Oro Valley one of the 10 Best Towns for Families, and Fortune Small Business Magazine named Oro Valley among the 100 Best Places in America to Live and Launch a Small Business.
Business is ON in Idaho
Businesses find opportunity in Idaho
Imagine a place where a balanced budget is required by law, costs are low and terms like fiscal responsibility still mean something. Think it doesn't exist? Try Idaho.
Idaho's commitment to fiscal responsibility results in a balanced budget, meaning businesses don't need to worry about unexpected tax spikes. Idaho also has the second-lowest energy costs in the nation, and it's conveniently located for product distribution in the western United States. It's not surprising that the state was also ranked number three in highest projected job growth by the Bureau of Labor Statistics.
The financial community salutes Idaho for it business-savvy methods as well. Forbes ranked Idaho first in patents per capita, fifth in best economic outlook and ninth for entrepreneurship and innovation.
Strong workforce, helpful communities
Allstate recently chose Idaho to open a 75,000-square-foot customer care center employing 600 people. Other than the promising workforce, Allstate was excited by the business benefits of its partnerships with the local and state governments.
"The people is what tipped the scales for us. The people living here in the (Idaho ) community will provide us a great pool for our workforce," said Mark Pitchford, vice president of direct sales and service of Allstate. "We've got great support from the local community, the chambers and the mayors. It's incredible to be able to bring together that kind of effort. We're thrilled."
Finding sites is easy
The state makes relocation searches easy by offering an interactive website loaded with available properties. Users of www.gemstateprospector.com can search for properties and run reports on each location's demographics to determine workforce availability and sales potential. Maps that illustrate transportation corridors are also on the site.
Did we mention incentives?
Idaho offers a number of incentives and assistance to companies looking to expand or locate in the Gem State.
A new "Hire One" refundable income tax credit is for businesses that fill newly created positions. Qualifying businesses can receive up to 6 percent of gross wages paid during the first 12 months of employment.
There are also a variety of tax credits for businesses that invest a minimum of $500,000 in new facilities and create at least 10 qualifying new jobs.