The document summarizes a panel discussion from the BIO-LINK SUMMIT on April 18-20, 2012 about bioscience business and education models. The panelists described various models of collaboration between community colleges and businesses, including a contract research organization located within a community college incubator space, a student-run contract manufacturing organization, and a life science business incubator co-located with workforce training programs. The models provided hands-on learning opportunities for students and services for businesses. Overall, the panel explored how these partnerships can stimulate both economic and educational impacts through job creation, workforce development, and experiential learning.