Wednesday, February 23, 2005
Last November, ZyStor Therapeutics announced that it would move from St. Louis to a an incubator at a research park in Milwaukee. The business is small -- it occupies only 4,200 square feet -- but the folks in Milwaukee see the project as a significant milestone in the development of their research park.
The firm has VC funding from investors in Missouri, Michigan and Wisconsin. The Wisconsin Investment Board has committed $135 million to VC firms based in Wisconsin, and two of the firms are investors in ZyStor.
Learn more about the deal here and here.
posted by Ed Morrison |
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Some Background on EDPro Weblog
The purpose of this weblog is to help economic development professionals -- EDPros -- keep up with the changes sweeping our profession. Strap on your goggles. It's a whole new game. There are no experts any more. The only place to learn about economic development is from other EDPros who are doing it.
One other point: the prevaling approach (paradigm, if you like) in economic development is shifting from competition to collaboration. There are a lot of reaasons underlying this shift, but here's the important insight: You, your community, and your region will do better by collaborating and sharing information.
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Speaking and workshops on Open Source Economic Development
As the idea of Open Source Economic Development starts spreading, more people are asking about it. Visit the I-Open web site to learn more. My colleagues and I are happy to explain the basic concepts in a talk or a workshop. E-mail Susan Alshuler if you'd like to learn more about workshops and speaking.
Background on Ed Morrison
Download some background information on me here.
Anatomy of a Deal: ZyStor Therapeutics
