Life sciences companies in Georgia are driven to make the world a healthier place, and backed by top-tier research and development programs at Georgia’s research universities. Breakthrough R&D, business incubators, and an innovation crescent focused on specialized life sciences workforce development helps life sciences companies develop new products with less risk and reach new markets faster.
Both new and established life sciences companies have access to robust R&D programs and enhanced opportunities to recruit top management and technical personnel thanks to Georgia’s excellent lifestyle. Targeted financial incentives, as well as increased market opportunities owing to Georgia’s advanced logistics infrastructure, enable them to lower costs, streamline their supply chain, and seamlessly move biotechnology freight through intermodal connections.
BENEFITS
Life sciences companies in Georgia can:
- Lower their tax burden by leveraging the R&D tax credit and the Quality Jobs tax credit, as well as other tax incentives
- Tap Georgia’s Innovation Crescent, a coalition of more than a dozen counties extending from Atlanta to Athens focused on life sciences and economic development, to access specialized education, training and certification programs for skilled labor needs at highly-regulated bioscience clinical, research and manufacturing facilities
- Mitigate business risk through the Georgia Research Alliance (GRA) VentureLAB program, which seeks out research innovations at GRA’s partner universities, assesses their commercial potential, and provides resources to suitably address the management, market and technology risks associated with new life sciences ventures
- Leverage the Advanced Technology and Development Center (ATDC) science and technology incubator “start-up ecosystem” headquartered at Georgia Tech to de-risk life sciences innovations and speed up commercialization
- Access a broad range of business intelligence available to help address issues specific to life sciences through professional organizations like Georgia Bio
- Network with the best in the life sciences industry via the Georgia Life Sciences Team-Up Network, a social media platform of the brightest minds with scientific, business, legal, regulatory and marketing backgrounds for the purposed of advancing innovations in life sciences
- Utilize Quick Start, Georgia’s internationally acclaimed provider of fully customized, strategic workforce solutions free-of-charge for qualified new, expanding and existing life sciences companies
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LIFE SCIENCES SUPPORT FROM THE GEORGIA RESEARCH ALLIANCE
The Georgia Research Alliance (GRA) brings together Georgia’s research universities, business community and state government to create opportunities for economic development through scientific discovery. GRA’s programs help Georgia’s research universities achieve their full potential through the recruitment of world-class scientific talent, the development of sophisticated research infrastructure, and the commercialization of university research and development.
The heart of the GRA is the nationally-recognized GRA Eminent Scholars® program. These renowned scientists lead groundbreaking R&D programs that can help the life sciences industry tackle some of its greatest scientific challenges. To date, the program has recruited more than 60 GRA Eminent Scholars in diverse fields, including vaccine development, molecular biotechnology, neuroscience, immunology, drug discovery, medical imaging, animal health, bioenergy and biomedical engineering.
QUICK START WORKFORCE DEVELOPMENT FOR LIFE SCIENCES
Quick Start has delivered comprehensive workforce solutions for numerous global leaders in bioscience as they turn ideas into products and build profitable biomanufacturing operations. Since 1967, Quick Start has trained 877,521 employees in 6,055 projects for industry-leading companies that include Quintiles Transnational, Kimberly-Clark, Merial, AngioDynamics, Pharma Tech and Dendreon.