Why is the Austen BioInnovation Institute in Akron in Akron? What do the City of Akron and the Northeast Ohio region offer to biomedical researchers, healthcare professionals, and entrepreneurs? Simply put, what are the advantages of locating in Akron?
"Akron has a big city feel when I access things I need professionally and socially, but there is a small town feel when it comes to my relations with people…The Austen BioInnovation Institute in Akron will really set the bar high on the national level for healthcare research and training and I'm excited to participate. The best way for us to predict the future is to create it."
Michael G. Holder, Jr., M.D.
Director of Medical Education and Attending Physician, Emergency Medicine,
Akron Children's Hospital
BIOMEDICAL BUSINESS BOOM
Healthcare has been, and continues to be, the fastest-growing job market in Akron and Northeast Ohio. All together, the region's institutions conduct $500 million annually in healthcare research. Due in no small part to the research and clinical strengths, and a broad existing biomedical industry, Northeast Ohio has become a major center of healthcare innovation and commercialization.
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AKRON MEANS BUSINESS
Greater Akron's economic and business climate is ideal for growing businesses. It is the home of more than 21,000 businesses, including more than 150 Fortune 500 companies.
With a population of close to 650,000 in the metropolitan area, Akron is one of the largest cities in Ohio.
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TAKING YOUR IDEAS AND PRODUCTS TO MARKET
The Austen BioInnovation Institute in Akron is closely aligned with regional biomedical commercialization efforts that will help you take your ideas and products to market, including: BioEnterprise, the City of Akron's Biomedical Corridor development zone, the Akron Global Business Accelerator, and Akron ARCHAngels.
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QUALITY OF LIFE
Akron has the offerings of a large metropolitan area without the usual headaches. With its small-town feel and big-city amenities, Akron truly encompasses the best of both worlds. In 2008, for the third time in its history, Akron was named an "All-America City" by the National Civic League, an award considered "The Oscars" of municipal life.