Pittsburgh Life Sciences Greenhouse (PLSG) is an investment firm based in the South Side neighborhood of Pittsburgh, Pennsylvania that provides resources and tools to entrepreneurial life sciences enterprises in Pittsburgh and western Pennsylvania in order to advance research and patient care.
Since PLSG began operations in 2002, it has assisted more than 435 life sciences companies and has affected more than 10,000 jobs in western Pennsylvania. PLSG has provided 34 companies with office or laboratory space, and 14 have been relocated to Pittsburgh from outside the region. PLSG has invested over $20 million in 77 companies, which has leveraged over $1.5 billion in additional capital to the region.
PLSG guides researchers, entrepreneurs and emerging companies through the challenges faced in early stages of company development. They provide support to companies developing product and service innovations in biotechnology tools, diagnostics/screening, healthcare IT, medical devices and therapeutics. PLSG also helps in the expansion of more mature life science companies, by supporting new product and market developments and connecting them to investors. [1]
Pittsburgh Life Sciences Greenhouse grew out of an original plan known as BioVenture, developed by CMU and Pitt. [2] The initiative received a major boost in 2001 when money from the state's settlement with the tobacco industry was pledged to create a life science greenhouse in Western Pennsylvania. [3] In 2003, Pittsburgh Biomedical Corporation, a non-profit established in 1988 by the Pittsburgh Technology Council, consolidated with PLSG. [4]
Today, PLSG exists as a partnership between the Commonwealth of Pennsylvania, University of Pittsburgh, Carnegie Mellon University, University of Pittsburgh Medical Center and the regional foundation of community. Their mission is to "create, nurture and help establish a globally dominant life sciences industry in western Pennsylvania." [1]
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship includes all new businesses, including self-employment and businesses that do not intend to go public, startups are new businesses that intend to grow large beyond the solo founder. At the beginning, startups face high uncertainty and have high rates of failure, but a minority of them do go on to become successful and influential.
Symyx Technologies, Inc. was a company that specialized in informatics and automation products. Symyx provided software solutions for scientific research, including Enterprise Laboratory Notebooks and products for combinatorial chemistry. The software part of the business became part of Accelrys, Inc. in 2010 and then in 2014 this company merged with Dassault Systèmes. Symyx also offered laboratory robotics systems for performing automated chemical research, which in 2010 was spun out as Freeslate, Inc.
Science and technology in Israel is one of the country's most developed sectors. Israel spent 4.3% of its gross domestic product (GDP) on civil research and development in 2015, the highest ratio in the world. In 2019, Israel was ranked the world's fifth most innovative country by the Bloomberg Innovation Index. It ranks thirteenth in the world for scientific output as measured by the number of scientific publications per million citizens. In 2014, Israel's share of scientific articles published worldwide (0.9%) was nine times higher than its share of the global population (0.1%).
A business incubator is an organization that helps startup companies and individual entrepreneurs to develop their businesses by providing a fullscale range of services starting with management training and office space and ending with venture capital financing. The National Business Incubation Association (NBIA) defines business incubators as a catalyst tool for either regional or national economic development. NBIA categorizes its members' incubators by the following five incubator types: academic institutions; non-profit development corporations; for-profit property development ventures; venture capital firms, and a combination of the above.
The University of Pittsburgh Medical Center (UPMC) is an American integrated global nonprofit health enterprise that has 92,000 employees, 40 hospitals with more than 8,000 licensed beds, 800 clinical locations including outpatient sites and doctors' offices, a 3.8 million-member health insurance division, as well as commercial and international ventures. It is closely affiliated with its academic partner, the University of Pittsburgh. It is considered a leading American health care provider, as its flagship facilities have ranked in U.S. News & World Report "Honor Roll" of the approximately 15 to 20 best hospitals in America for over 15 years. As of 2016, its flagship hospital UPMC Presbyterian was ranked 12th nationally among the best hospitals by U.S. News & World Report and ranked in 15 of 16 specialty areas when including UPMC Magee-Womens Hospital. This does not include UPMC Children's Hospital of Pittsburgh which ranked in the top 10 of pediatric centers in a separate US News ranking.
The pharmaceutical industry is one of the leading industries in the People's Republic of China, covering synthetic chemicals and drugs, prepared Chinese medicines, medical devices, apparatus and instruments, hygiene materials, packing materials, and pharmaceutical machinery. China has the second-largest pharmaceutical market in the world as of 2017 which is worth US$110 billion. China accounts for 20% of the world's population but only a small fraction of the global drug market. China's changing health-care environment is designed to extend basic health insurance to a larger portion of the population and give individuals greater access to products and services. Following the period of change, the pharmaceutical industry is expected to continue its expansion.
Life Sciences Greenhouse of Central Pennsylvania (LSGPA) is a biotechnology initiative and non-profit organization based in Harrisburg, Pennsylvania. It was founded in 2001. It focuses on in the advancement of life sciences through technology to improve the healthcare and economic opportunities of Pennsylvanians.
The Lemelson Foundation is an American 501(c)(3) private foundation. It was started in 1993 by Jerome H. Lemelson and his wife Dorothy. The foundation held total net assets of US$444,124,049 at the end of 2020 and US$484,432,021 at the end of 2021.
The Biomedical Advanced Research and Development Authority (BARDA)' is a U.S. Department of Health and Human Services (HHS) office responsible for the procurement and development of medical countermeasures, principally against bioterrorism, including chemical, biological, radiological and nuclear (CBRN) threats, as well as pandemic influenza and emerging diseases. BARDA was established in 2006 through the Pandemic and All-Hazards Preparedness Act (PAHPA) and reports to the Office of the Assistant Secretary for Preparedness and Response (ASPR). The office manages Project BioShield, which funds the research, development and stockpiling of vaccines and treatments that the government could use during public health emergencies such as chemical, biological, radiological or nuclear (CBRN) attacks.
Corporate venture capital (CVC) is the investment of corporate funds directly in external startup companies. CVC is defined by the Business Dictionary as the "practice where a large firm takes an equity stake in a small but innovative or specialist firm, to which it may also provide management and marketing expertise; the objective is to gain a specific competitive advantage." Examples of CVCs include GV and Intel Capital.
The University of Pittsburgh Applied Research Center (U-PARC) is a one-million-square foot, high-security research park campus of the University of Pittsburgh. Comprising 53 buildings situated on over 85 acres (0.34 km2), U-PARC is located 14 miles (23 km) from Downtown Pittsburgh in Harmar Township, Pennsylvania adjacent to the Route 28 expressway and Interstate 76, the Pennsylvania Turnpike.
The Oregon Entrepreneurs Network (OEN) is the largest entrepreneur assistance organization in the state of Oregon. As such, this not-for-profit organization provides resources and support for emerging, growth-oriented companies in Oregon and the Pacific Northwest.
Global Relay is a technology services company providing software-as-a-service electronic message archiving, instant messaging, compliance and supervision services with a focus on highly regulated industries. Global Relay is privately held and employee controlled, with no outside or venture funding.
Innovation districts are urban geographies of innovation where R&D strong institutions, companies, and other private actors develop integrated strategies and solutions to develop thriving innovation ecosystems–areas that attract entrepreneurs, startups, and business incubators. Unlike science parks, innovation districts are physically compact, leverage density and high levels of accessibility, and provide a “mash up” of activities including housing, office, and neighborhood-serving amenities. Districts signify the collapse back of innovation into cities and is increasingly used as a way to revitalize the economies of cities and their broader regions. As of 2019, there are more than 100 districts worldwide.
Jason Wolfe is an American businessman and entrepreneur who is the founder and CEO of several companies, including GiftCards.com, Gift Card Granny, and GiftYa.
Tecterra, usually written as TECTERRA or TECTERRA Inc., is a Canadian geomatics technology innovation support centre. Established in June 2010 as a non-profit organization, Tecterra assists geomatics technology companies across Alberta to achieve commercial success faster than they can on their own. With current funding from the Government of Alberta, Tecterra is focused on investing in geomatics innovation for resource management and other markets. The organization's funding model is unique, as support for companies does not require intellectual property ownership or corporate equity in exchange for funds.
Tartan Laboratories, Inc., later renamed Tartan, Inc., was an American software company founded in 1981 and based in Pittsburgh, Pennsylvania, that specialized in programming language compilers, especially for the language Ada. It was based on work initially done at Carnegie Mellon University and gradually shifted from a focus on research and contract work to being more product-oriented. It was sold to Texas Instruments in 1996. Part of it was later acquired by DDC-I in 1998.
Science and technology in Kazakhstan – government policies to develop science, technology and innovation in Kazakhstan.
Sunil Wadhwani is an entrepreneur, investor, and philanthropist. He is best known as the co-founder and CEO Mastech, Inc. and IGATE. Born in Delhi, India, Sunil graduated from the Indian Institute of Technology, Madras, before moving to the United States of America to earn a degree from Carnegie Mellon University.
Venture capital in Poland is a segment of the private equity market that finances early-stage high-risk companies based in Poland, with the potential for fast growth. As of March 2019, there is a total of 130 active VC firms in Poland, including local offices of international VC firms, and VC firms with mainly Polish management teams. Between 2009–2019, these entities have invested locally in over 750 companies, which gives an average of around 9 companies per portfolio. The Polish venture market accounts for 3% of the entire European ecosystem of VC investments, mainly in the digital space.
Video
| Government |  | |
|---|---|---|
| Economy | ||
| Other topics | ||
| Academics |  | |
|---|---|---|
| Branch campuses | ||
| Student life | ||
| Research | ||
| People | ||
| Projects and legacies | ||
