Helping Communities Shine

Whether researching and implementing ways to shape a community's economic development plan or partnering to create ways to put people to work, CREC connects researchers and policymakers with:

     • Data training
     • Custom portfolios that aid regional competitiveness

Project Profile

Comparison of Metropolitan Life Sciences Initiatives

Business Development Advisors
Start Date: Oct 2007 — End Date: Dec 2015

Prepared under a subcontract for Detroit Renaissance, this study examined how successful life-sciences regions have organized their life-sciences development efforts. Life sciences are defined to include how medical, education and research institutions can combine effectively support growth in this sector. The Center for Regional Economic Development’s goal in this project was to provide a framework for leaders to consider opportunities for expanding the Detroit regional life sciences sector.

The study benchmarked the area to 10 regions:

  • Baltimore-Washington, DC
  • Boston
  • Cleveland
  • Los Angeles
  • New York
  • Philadelphia
  • Raleigh-Durham
  • San Diego
  • San Francisco
  • Seattle

About the Client

Business Development Advisors

Business Development Advisors is an economic development and market intelligence consulting firm that leaders at the local, state and national levels to increase business investment and job growth in their communities. Its services provide practical information that supports the day-to-day activities of economic developers. It also researches and analyzes economic issues and policy initiatives that affect regional economies.