Technology Based Economic Development for the 21st Century
Technology Based Economic Development for the 21st Century
Urban Renaissance through Science, Technology and Innovation TBED21 Technology-based Economic Development for the 21st Century
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.
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
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
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.
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.
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
Americas Major Cities Constitute a Region which Transcends Geography Based on a Commonality of Challenges
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
Success is dependent upon IP portfolios, tech-transfer and local/regional entrepreneurship
Success is measured by number of spin-outs and liquidity events. At best, rewards only “trickle-down” to the communities which host TBED efforts
Can be disconnected from traditional city or urban planning
Very little connection with local public school systems and does not address human capital/workforce development needs
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
Operate in synergy with local math and science (STEM) educational programming to address underlying human capital/workforce development needs
Are connected to and aligned with 21st century Comprehensive Economic Development Strategies (CEDS)
Harvest innovation within urban centers and near underserved communities
Facilitate and leverage policy alignment with local, state and federal agencies
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
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.
Philadelphia Biotechnology and Life Sciences Institute (est. 2007)
Philadelphia Alliance for STEM education (PASE)
Re-envisionment of UCHS as STEM charter school & platform/laboratory and demonstration
I2E Tech-entrepreneurial Boot Camp and Fellowship Program
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”
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
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
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
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.
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