January 27, 2021
Gainesville Entrepreneurship
Center for Ingenuity Building in Innovation Square
Gainesville Entrepreneurship
The Innovation Hub in Innovation Square
Gainesville Entrepreneurship
Santa Fe College's Center for Innovation now assists more than 30 local inventors, innovators and entrepreneurs.
Gainesville Entrepreneurship
In 2013 and 2017, Sid Martin Biotech won the International Business Innovation Association's Randall M. Whaley Global Incubator of the Year award.

Sponsored Portrait

Biotech innovation and entrepreneurship are changing the game

Michael Candelaria | 11/6/2019

When Mark Long was a student at UF in the 1970s, Gainesville was a “small town” with “just not much going on,” he describes. Long sees a different place today.

“It’s not the country anymore. There’s culture; there’s food; there’s entertainment. There’s a lot more than just having a major university in a small town. It’s a town that has grown up around a major university,” he says.

As it turns out, Long has much to do with the change. He is director of UF Incubation Services, which is helping to drive economic development, particularly regarding biotech innovation and entrepreneurship.

Long oversees two of the state’s leading business incubators, UF Sid Martin Biotechnology Institute and Innovation Hub. In 2018, UF Innovate was established as an umbrella organization uniting not just the two incubators but also the UF Office of Technology Licensing.

Sid Martin Biotech, located in the city of Alachua, has launched more than 100 biotech, biomedicine and bioagri-culture startups since its founding in 1995. The facility provides the founders of early-stage bioscience companies with qualified laboratory space, equipment, mentoring and investment.

In 2013 and 2017, Sid Martin Biotech won the International Business Innovation Association’s Randall M. Whaley Global Incubator of the Year award.

For proof of current success, look no further than Axogen Inc., an Alachua enterprise focused on peripheral nerve regeneration/repair.

Innovation Hub, opened in downtown Gainesville eight years ago, doubled in size last year to 100,000 square feet. More than a building, according to Long, the Hub provides a complete growth ecosystem in, around and beyond Innovation Square, a livable, walkable urban development located directly across from UF.

That setting will be bolstered by Santa Fe College’s expanding Center for Innovation and Economic Development, a community-based product commercialization entity that now assists more than 30 local inventors, innovators and entrepreneurs.

Two decades ago, Ryan Frankel went from student at Santa Fe working at a pizzeria to launching community/lifestyle magazines. Now, he has Frankel Media Group, established in 2005 — which he calls a “big-city agency in a small town.”

“I would have never been able to do this outside of Gainesville,” Frankel says.

 

Tags: Northeast, Greater Gainesville Community Portrait

Florida Business News

Florida Trend Video Pick

Florida cruise entertainers pivot during pandemic
Florida cruise entertainers pivot during pandemic

The cruise industry is one of the hardest hit during the pandemic. Two Florida cruise enterainers talk about how they have survived with the industry shut down.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

Do you think Florida teachers/school district employees should be prioritized for vaccination against COVID-19?

  • Yes
  • No
  • Other (Please share your comments in the comment section below)

See Results

Florida Trend Media Company
490 1st Ave S
St Petersburg, FL 33701
727.821.5800

© Copyright 2021 Trend Magazines Inc. All rights reserved.