Delta Initiatives 2007


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Proposed Programming to bring the local manufacturing community together with the strong medical community for R&D and new product development to keep manufacturing in the local market

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Delta Initiatives 2007

  1. 1. The Delta Initiatives 2007 The Delta initiatives are FOUR complimentary programs utilizing Western Pa’s core STRENGTH’S to create a global marketing presence for the region
  2. 2. “ Delta” Defined… Del-ta ( del -tuh) ▼ The fourth letter of the Greek alphabet (Δ, δ). ▼ Anything triangular, like the Greek capital delta (Δ). Mathematics . ▼ An incremental change in a variable, as Δ or δ. ▼ A nearly flat plain of alluvial deposit between diverging branches of the mouth of a river, often, though not necessarily, triangular. A fertile area for growth .
  3. 3. The Biotech Delta Initiative The blueprint for creating a strategic growth advantage for the region’s Medical Products & Manufacturing Industries
  4. 4. The needs of the regional Medical Products Industry…
  5. 5. The needs of the regional Manufacturing Industry…
  6. 6. For years, these two powerful industries of the region have operated independent of one another without recognizing the economies of scale opportunities.
  7. 7. Now…imagine a much more efficient way for these industries to develop joint commerce. Imagine a convergence of distinct needs. The opportunity is here….
  8. 9. <ul><li>BIOTECH Delta is the complete solution. </li></ul><ul><li>Here, the Medical Products and Manufacturing communities can easily connect buyers with sellers. </li></ul><ul><li>Here, these communities can easily access valuable business resources to create strategic growth opportunities. </li></ul><ul><li>Here, we can create an environment of sustainable business and job growth…right in our own backyard. </li></ul>
  9. 10. Who is Biotech Delta? <ul><li>Biotech Delta is a for profit limited liability company company comprised of </li></ul><ul><li>Specialist Partners, </li></ul><ul><li>Geographically positioned, </li></ul><ul><li>Utilizing a Matrix/“Chaortic” structure </li></ul>
  10. 11. A Simple Plan Executed with Speed and Purpose EXECUTION MORAL FACTORS PREPATION PLANNIING FRICTION Surprise Speed Purpose Security Repetition Simplicity
  11. 12. Rationale <ul><li>The purpose of the Biotech Delta initiative is to take advantage of </li></ul><ul><li>Developing market growth trends of an aging baby boomer population, </li></ul><ul><li>The Bio research and Medical capabilities of the region, </li></ul><ul><li>The strong manufacturing specialties and capabilities of the region. </li></ul>
  12. 13. The Biotech Delta Community <ul><li>The Biotech Delta community is comprised of three groups committed to facilitating and sustaining growth… </li></ul><ul><ul><li>Medical Products and Discovery Industry </li></ul></ul><ul><ul><li>Manufacturing Industry </li></ul></ul><ul><ul><li>Government agencies </li></ul></ul>
  13. 14. Convergence <ul><li>The Biotech Delta initiative represents the convergence of needs and capabilities of </li></ul><ul><li>The developing Medical Products industry and </li></ul><ul><li>The Manufacturing community </li></ul><ul><li>The State Economic Drivers </li></ul>
  14. 15. The Objective <ul><li>To create a forum for the medical and manufacturing communities and local state and federal government. </li></ul><ul><li>To promote regional growth and job creation </li></ul><ul><li>To develop worldwide brand recognition of the Delta region . </li></ul>
  15. 17. Strengths <ul><li>Strong bio medical research sector in the Delta region </li></ul><ul><li>Strong Manufacturing capacity for R&D and production </li></ul><ul><li>Creation of the “ Biotech Corridor ” </li></ul><ul><li>Strong “ screw machine ” capability in Cleveland </li></ul><ul><li>Strong “ extrusion ” capability in Youngstown </li></ul><ul><li>Strong Mold, Tool & Die capability in Meadville/Erie, PA </li></ul><ul><li>Strong Defense Manufacturing in Johnstown, PA </li></ul><ul><li>Strong Innovation in Region’s health systems and education institutions. </li></ul>
  16. 18. Weaknesses <ul><li>Biomedical industries lack of knowledge of regional R&D capabilities </li></ul><ul><li>Machine Shop and Tool & Die lack of understanding of Medical products development market potential. </li></ul><ul><li>Manufacturing & Medical Industries are in detached networks. </li></ul><ul><li>“ Innovation” happens in the Delta but the manufacturing jobs are spread around the globe. </li></ul><ul><li>Independent operation of development agencies </li></ul><ul><li>No “Branding” strategy for such an effort. </li></ul>
  17. 19. Opportunities <ul><li>Aging baby boomers are retiring with more disposable income than any previous generation with a desire to remain healthy and active. </li></ul><ul><li>Long Term Growth and Stability: Limited opportunities for “offshoring” of these materials/products. </li></ul><ul><li>Growth projections for medical devices and products in almost vertical. </li></ul><ul><li>With a FORUM, economic stimuli to the Education/research, Medical and Metalcutting industries can evolve together to the benefit of both. </li></ul><ul><li>Puzzle pieces are in place but there is a lack of Concentration of Forces in Space . </li></ul>
  18. 20. Threats <ul><li>Warsaw, Indiana & Memphis Tennessee </li></ul><ul><li>Lack of commitment of cross border cooperation between Ohio-Pennsylvania </li></ul><ul><li>Failure to encourage natural evolution of Metropolitan Statistical Area to it’s full potential across State Boundaries </li></ul><ul><li>Bureaucratic expansion: Pennsylvania’s concentration of programs in the eastern half of the state </li></ul>
  19. 21. Threats <ul><li>Lack of focus/understanding of Regional State development agencies of bigger picture market opportunities </li></ul><ul><li>Lack of understanding of the evolution and growth potential of the metalcutting industry. </li></ul><ul><li>R&D and Production of products lead to innovation of new products. If the R&D and production develop in other regions then a natural evolution of new products will develop in that region. Zipper in Meadville; Auto in Detroit </li></ul>
  20. 22. Threats <ul><li>“ Fighting the Market” Misapplication of developmental funds based upon short term political expedience instead of “natural” market expansion areas </li></ul><ul><li>Transportation infrastructure </li></ul><ul><li>“ Boroughism” mentality limits an understanding of regional market opportunities in Western Pennsylvania and Eastern Ohio </li></ul>
  21. 23. Programming <ul><li>A commitment from vested interests </li></ul><ul><li>A structure to utilize organizational specialists </li></ul><ul><li>A marketing media effort akin to a &quot;rosie the riveter&quot; campaign </li></ul><ul><li>A structured program to connect Lifesciences “new to market” companies with local manufacturing capabilities </li></ul><ul><li>Logistical support </li></ul>
  22. 24. Organic Growth <ul><li>Keeping what we have </li></ul><ul><li>Utilizing what we have </li></ul><ul><li>Developing organic growth </li></ul><ul><li>Company retention instead of company flight </li></ul>
  23. 25. Specific & Measurable <ul><li>Rifle Shot Marketing Programs-Attracting new business: </li></ul><ul><li>Biometrics manufacturers </li></ul><ul><li>Medical Device manufacturers </li></ul>
  24. 26. Goal oriented <ul><li>Specific and measurable RESULTS </li></ul>
  25. 27. Value Proposition: Federal <ul><li>Create manufacturing jobs </li></ul><ul><li>Specific and measurable results </li></ul><ul><li>Develop a new industry sector </li></ul><ul><li>Provide a specific target </li></ul>
  26. 28. Value Proposition: Ohio <ul><li>Create manufacturing jobs </li></ul><ul><li>Stimulate regional growth </li></ul><ul><li>Develop the Medical Industry innovation </li></ul>
  27. 29. Value Proposition: PA <ul><li>Develop medical products industry in the western PA region </li></ul><ul><li>Create manufacturing jobs </li></ul><ul><li>Stimulate regional growth </li></ul><ul><li>Develop the Medical Industry innovation </li></ul>
  28. 30. Value Proposition: Development <ul><li>Provides a target for all associated development agencies to focus on </li></ul><ul><li>Economic Engine momentum </li></ul><ul><li>Whole is greater than sum of parts </li></ul><ul><li>Innovation is self driven </li></ul><ul><li>Peer learning and implementation </li></ul>
  29. 31. Value Proposition: Medical <ul><li>Fulfills urgent need to locate manufacturing companies who can assist in product development </li></ul><ul><li>Proximity: development cycle times are reduced because of proximity </li></ul><ul><li>Knowledge base </li></ul>
  30. 32. Value Proposition: Manufacturing <ul><li>Provides easy access to developing markets </li></ul><ul><li>Provides a new customer base </li></ul><ul><li>Provides funding source for expansion </li></ul><ul><li>Provides a funding source for hiring and training </li></ul><ul><li>Provides industry commitment to the developing market </li></ul>
  31. 33. Value Proposition: Sponsors <ul><li>Provides a worldwide mass media exposure for minimal cost </li></ul><ul><li>Provides community “good will” in assisting in job creation </li></ul>
  32. 34. Value Proposition: Investors <ul><li>Access to isolate new growth companies </li></ul>
  33. 35. Demographics <ul><li>3391 Medical. Equipment and Supplies </li></ul><ul><li>Manufacturing </li></ul>
  34. 36. The blueprint for creating a strategic growth advantage for the region’s Medical Products & Manufacturing Industries