BULLS: Building up Local Life Sciences Todays Presentation Our P - - PowerPoint PPT Presentation

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BULLS: Building up Local Life Sciences Todays Presentation Our P - - PowerPoint PPT Presentation

BULLS: Building up Local Life Sciences Todays Presentation Our P ur Part rtners Ba Backg kground nd a and nd Ov Overview Need a and Oppor ortu tunity ty The B Barri riers rs The he BU BULLS LLS Solution: A


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BULLS: Building up Local Life Sciences

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Today’s Presentation

▪ Our P ur Part rtners ▪ Ba Backg kground nd a and nd Ov Overview ▪ Need a and Oppor

  • rtu

tunity ty ▪ The B Barri riers rs ▪ The he BU BULLS LLS Solution: A A 3-Ph Phase Pla Plan ▪ EDA A Fu Fund nding ng Op Opportunity

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Our Partners

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Partners in the BULLS Initiative

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Background and Overview

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Life Science Jobs for Durham’s Recovery

Life Science companies need skilled employees and Durham residents, especially those displaced by the virus, need living-wage employment

  • pportunities now more than ever.

The BULLS Initiative is both

  • A long-term pipeline development initiative
  • Immediate post-COVID jobs initiative

NCBiotech.org

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Durham is Well-Positioned for Growth

  • Durham is home to nearly 40% of all Life

Science companies state-wide.

  • 2,600 new life science jobs in the last 18

months

  • Many companies are actively engaged in

creating solutions to COVID-19 and other health crises The Research Triangle has become a global hub for Life Science companies which are projected to emerge from the COVID-19 crisis in a strong position for continued growth.

NC Biotechnology Center

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Goals of BULLS Initiative

1. Provide employment opportunities for those displaced by COVID-19 2. Develop an aligned pipeline for Durham youth and adults 3. Increase the ability of Durham’s training infrastructure and resources to math the needs of life science companies

This initiative has three goals:

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Need and Opportunity

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Need and Opportunity

In the last 18 months alone in Durham County has added

  • 1,50

1,500 new biopharma manufacturing jobs

  • 2,60

2,600 overall life science jobs Durham Tech, NCCU and Duke only supply dozens of workers per year into the local life sciences industry against a much larger demand.

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The Barriers

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Durham’s Barriers

Our success has been hindered by the lack o

  • f an i

inte tentio ional, al, a alig igned, d, and d resourced D d Durham am tale alent develo lopme ment t pipeli line, from middle school through credentialing, to support and feed this cluster.

  • Lack of

f Life fe Scienc nce Care reer Aware rene ness – Life Science careers feel inaccessible and out of reach

  • Insuffic

icie ient E Educat atio ion and d Train ainin ing C Capac acity ity – Durham has no aseptic training space

  • Miss

ssing ng Talent nt C Conne nections ns

  • Equity

ty – lack of access and affordability

“Aseptic Processing” -NCBioNetwork.org

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The BULLS Solution: A 3-Phase Plan

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BULLS Initiative Solutions

Pha hase se I I – Initial phase funding of $3M allows Durham to address 5 critical elements

within 6 months of approval including:

  • Immediate relocation of the Durham Technical

Community College BioWork

  • Expansion of the current instructional capacity
  • Community-wide awareness campaign
  • BULLS scholarship fund
  • Concierge intermediary system

Photo Credit: Durham Tech Biotechnology

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BULLS Initiative 3-Phase Plan

Pha hase se I II – Funding of $15M to create training facility and development and alignment of Durham K-12

  • Development of an as

asep eptic t train aining f faci acility wit ith teac eaching l lab abs

  • Coordination of work

rk-bas ased ed l learnin ing opportunities with DPS, the Durham OEWD, and others w/ additional advisors/recruiters

  • More direct engagement between NCCU

CCU B BRIT ITE program students and Durham life science companies

  • Further development of mar

arket eting an and aw awar areness campaig aign NCCU BRITE biomanufacturing

Pha hase se I III– $7M to add additional capacity in DPS, Durham Tech, NCCU, and other education and

training institutions and organizations.

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The Timing and Team

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The Timing and Team

The here is s no no more importa tant nt ti time tha than r n right no ht now w to provide the vision for Durham’s plan to create and align a dedicated talent development pipeline for the region’s expanding life sciences industry. We e need eed a a strong co collaborat ative e of talent development institutions, economic development professionals, life science companies, and elected leaders with a th a de designa nated o

  • rgani

nization r n resp spons nsible f for conv nvening and o nd owni wning the the de development nt a and nd ex execu ecution o

  • f this

is p plan an.

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Funding Opportunities

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Funding Opportunities

Andy Miracle and NCBiotech Center have identified possible funding

  • pportunities through EDA grant for Phase 1 and 2 of this plan.