Tbed21 An Overview
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Tbed21 An Overview

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Technology Based Economic Development for the 21st Century

Technology Based Economic Development for the 21st Century

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  • 1. Urban Renaissance
    through Science, Technology and Innovation
    TBED21
    Technology-based Economic Development for the 21st Century
  • 2. Executive Management Team
    Chad Womack, PhD, President
    Dr. Womack is the Founder and currently serves as the President and Chair of TBED21, and is the founding Executive Director of the Philadelphia Biotechnology and Life Sciences Institute - a non-profit initiative and project of TBED21.  Dr. Womack has recently served as Vice President for Educational and Training Initiatives at the University City Science Center in Philadelphia. Dr. Womack is also a Co-Founder of 3Gen Vaccines Inc.. a nanobiotechnology company and has served as its Chief Scientific Officer since its inception.
    Lawrence J. Agulnick, Executive Vice President
    Lawrence Agulnick is the co-Founder, Executive Vice President and Corporate Secretary of TBED21. He is an experienced leader in operations and governance relating to technology based economic development having worked extensively in the United States and in an advisory capacity to the Ministry of Economy Trade and Industry (METI in Japan) and the Incheon Free Economic Zone (IFEZ in Korea).
    Ken Tolson, Principal TBED21 Urban Policy Group
    Ken Tolson is a 21st century knowledge worker with an unyielding commitment to deliver service and technology innovation to the public and private sectors. Ken has served the former Clinton and Bush Administrations by bringing accountability, governance and transparency initiatives to help transform the federal government to focus resources on the citizen. Ken has been successful in the IT industry at the international, federal, state and local level managing large multi-billion dollar technology programs, and has been recognized for having established innovative ways to align technology resources and technology commercialization with ever changing requirements within the National Capital Region.
  • 3. Partial List of Our Partners
    National
    The National Urban League
    Congressional Black Caucus (Science & Technology Committee)
    National Association of Blacks in Bio
    National Conference of Black Mayors
    Washington, DC
    DC Public Schools
    Howard University
    Center for Minority Achievement in Science and Technology (CMAST)
    Carnegie Institution for Science
    Office of the State Superintendent for Education
    Washington, D.C. STEM Partnership
    Office of the Deputy Mayor for Education
    Office of the Deputy Mayor for Planning and Economic Development
    Philadelphia, PA
    The School District of Philadelphia
    The Philadelphia STEM Alliance
    The Franklin Institute
    Access Science, University of Pennsylvania
    Universal Companies
    PA Legislative Black Caucus
    Cherokee Pharmaceuticals
    Cephalon
  • 4. The Challenge:
    • The global economy has become increasingly technology-focused and promises to generate trillions of dollars in commerce from the development of new technologies such as nanotechnology, biotechnology and clean energy or ‘green’ technology
    • 5. Regions or places that can provide the necessary ingredients for the emerging tech-economy and implement tech-based economic development (TBED) strategies will remain competitive and economically relevant in the 21st century.
    • 6. In the U.S., metropolitan regions and their urban centers have the necessary ingredients to develop and successfully implement effective 21st century TBED strategies.
    However, urban centers and underserved communities continue to be disconnected from the promise and the economic opportunities the global tech-economy will bring in the 21st century.
    The Opportunity:
    Through a next generation approach towards tech-based economic development or TBED 2.0, we have an historic opportunity to realize the full economic potential of our urban centers and underserved communities. TBED21, Inc. is assisting metropolitan regions, urban centers and empowering underserved communities to fully realize and unleash their economic potential as engines of economic growth. We believe that implementing next generation TBED strategies will ensure the economic future of our underserved communities, the vitality of urban centers and our nation’s competitiveness.
  • 7. TBED for the 20th Century
    geography becomes economic destiny
    Proposed Innovation Empowerment Zones
    Temple University – TUHS, Einstein Hospital
    2008 PSSA Proficiency Rates – Math & Science combined by ZIP code, Grades 3-8, 11
    UPenn/Univ City Science Center, Drexel, USiP – UPHS, CHOP Einstein Hospital
    Proposed Innovation Empowerment Zones
  • 8. Americas Major Cities Constitute a Region which Transcends Geography Based on a Commonality of Challenges
  • 9. It’s time to make the shift to next generation TBED strategies
    TBED Strategies for the 20th Century
    • Harvest innovation near university and commercial centers
    • 10. Success is dependent upon IP portfolios, tech-transfer and local/regional entrepreneurship
    • 11. Success is measured by number of spin-outs and liquidity events. At best, rewards only “trickle-down” to the communities which host TBED efforts
    • 12. Can be disconnected from traditional city or urban planning
    • 13. Very little connection with local public school systems and does not address human capital/workforce development needs
    • 14. Cities typically do NOT capture economic benefits despite public investments (suburbs and exurbs do)!
    TBED Strategies for the 21st Century
    • Success is not just measured by number of spin-outs and liquidity events but also impact on community based economic indicators including education, jobs, equity and wealth
    • 15. Operate in synergy with local math and science (STEM) educational programming to address underlying human capital/workforce development needs
    • 16. Are connected to and aligned with 21st century Comprehensive Economic Development Strategies (CEDS)
    • 17. Harvest innovation within urban centers and near underserved communities
    • 18. Facilitate and leverage policy alignment with local, state and federal agencies
    • 19. Cities & their residents WILL capture economic benefits!!
  • The innovation life cycle is born of our urban centers yet its benefits elude our cities and their residents.
    We must harness the cycle so its benefits are no longer lost to our urban communities.
    Source: Report Touch Choices or Tough Times, National Center on Education and the Economy
  • 20. TBED21, Inc. – Mission & Vision
    Our cities have reached a state of crisis and America needs a new approach for economic development and recovery that is based on the opportunities science, technology and innovation present in the 21st century. In order to thrive in the 21st century global and, increasingly technology-based economy, America’s cities must fully engage all of their competitive assets while simultaneously ensuring that the opportunity to realize the rewards of the economy is accessible to all residents; this reflects our mutual interests and shared values.  At TBED21, we believe that success on these terms can only be achieved through a synergistic integration of TBED, work force development and STEM+E strategies. Toward this end, TBED21 is working in cities to rally public and private stakeholders, navigate and align policy objectives, procure funding and executing related programmatic initiatives.
    Our belief is that the children and adult learners of America’s cities represent the next-generation of leaders, innovators and entrepreneurs; but only if they are prepared.
  • 21. TBED21 - Projects
    Washington, D.C.
    • Technology incubator study (completed)
    • 22. DC STEMworks initiative
    • 23. EE Just Science and Technology Innovation Center and Life Sciences Institute at McKinley Tech High School
    • 24. DC Competitiveness Act of 2009
    Philadelphia, PA
    • Philadelphia Biotechnology and Life Sciences Institute (est. 2007)
    • 25. Philadelphia Alliance for STEM education (PASE)
    • 26. Re-envisionment of UCHS as STEM charter school & platform/laboratory and demonstration
    Mid-Atlantic Regional
    • I2E Tech-entrepreneurial Boot Camp and Fellowship Program
    • 27. Urban Innovation Forum – 21st century strategies and opportunities for urban renewal
  • TBED21 Readiness Recognition Resolution of 2010
    IN THE COUNCIL OF THE DISTRICT OF COLUMBIA
    WHEREAS, TBED21, Inc. has made tremendous strides in coordinating Science, Technology, Engineering and Math (STEM) education, STEM workforce development, entrepreneurship, innovation, tech-based commercialization and entrepreneurship in the District of Columbia;
    WHEREAS, Technology Based Economic Development for the 21st Century -TBED21, Inc., recognizes the District of Columbia as an economically vibrant 21st century knowledge city with a diverse citizenry representing countries from around the world;
    RESOLVED, BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, that this resolution may be cited as the “TBED21 Readiness Recognition Resolution of 2010”
  • 28. TBED21 in Washington, D.C. - The Science and Technology Innovation Center at McKinley Technology High School
    STEM/Bioscience Education & Career Center
    Life Science Research Center
    22K sq ft
    Technology Business Incubator
    Annex Bldg
    University Genomics and Bioinformatics Research Center
    BIOSCI
    CHEM
    LSI Discovery Laboratories
    DCPS STEM-Bioscience Education Center /CC-UDC Biotech Workforce Development Center
    B
    PHYS
    A
  • 29. TBED21, Inc. in Philadelphia – Re-envisioning University City and William Penn High Schools
    The future…
    Proposed Innovation Empowerment Zone
    As they are now…
    Proposed University/Industry Partnership: Temple University – TUHS, Einstein Hospital
    STEM platform school and workforce training facility
    university/industry partnership
    University/Industry R&D Center(s)
    William Penn HS
    Proposed University/Industry Partnerships: UPenn/Univ City Science Center, Drexel, USiP – UPHS, CHOP Einstein Hospital
    Proposed Innovation Empowerment Zone
    Retail and Commercial Development
    University City HS
  • 30. DC Competitiveness Act of 2009Legislation #B18-0553
    Legislation presently being introduced mandating support for technology-based economic development (TBED) projects that will create a 21st Century workforce and economy in the District of Columbia. Those projects include the Science and Technology Innovation Center at McKinley Tech High School and the District of Columbia’s Innovation and Competitiveness Council (herein referred to as the Innovation Council). The Innovation Council will be responsible for developing the policy and operational framework for technology-based economic development (herein referred to as TBED) and innovation efforts in the District. The purpose and function of the Council is to establish the District of Columbia’s integrated TBED agenda with specific reference to the following domain areas which overlap and intersect but must be made to more effectively synergize:
     
    • Science, technology, engineering and math (or STEM) education
    • 31. STEM workforce development
    • 32. Entrepreneurship and commercialization
     
    The council will also serve to integrate policy goals and recommend budgetary allocations to the City Council and Mayor’s office towards implementation in order to ensure that the District and its residents can compete in the 21st century tech-based and globalized economy.
  • 33. Urban Innovation ForumsExploring and Creating Best Practicesto address:
    the role of STEM education in accomplishing educational reform,
    the role of educational reform in the preparation of a 21st century workforce,
    and the role of a prepared workforce in allowing American cities and their residents to compete and remain relevant in the global economy. 
    the retention of the benefits of TBED efforts within the cities