While KEDCo focuses on convening, building, and showing economic growth resources, there’s also tremendous opportunity to tap the area’s reputation, knowledge, and expertise for commercializing products in heavily-regulated markets. The area already has a phenomenal foundation from which to grow, and this key differentiator requires the kind of scrutiny and approval from the FDA and the like is very appealing to others. Our orthopedic and agribusinesses have repeatedly shown us how to thrive and contribute the ideas, talent, and capital necessary to take products to market.
It is precisely these ideas, talent, and capital that could catalyze our next wave of growth. Our economic vitality has already been influenced by this expertise. More specifically, the ideas have developed the kind of small businesses and entrepreneurial focus that leverages this industry concentration. Others can certainly scale with our existing employers. Moreover, the talent has served to convene and ensure alignment is in place to support our businesses and to network and build on existing efforts, like OrthroWorx. So much so that our capital can continue to serve as the springboard to build, redevelop, and scale up through programs such as NMTC and partner with groups like Elevate Ventures and Notre Dame’s IDEA Center.