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The City of Akron is quickly becoming a global hub of
innovation, attracting international biomedical technologies
and companies that are looking for help in commercializing their
products and expanding into the North American market.
The Akron BioMedical Corridor, located in downtown Akron and
established in 2006, brings together three nationally known
hospitals (Akron General Medical Center, Akron Children's Hospital and
Health System), the unique Austen BioInnovation Institute in Akron (ABIA),
the Northeast Ohio Medical University (NEOMED) and
a world-leading biomaterial center at the University of Akron.
The Corridor also hosts the Akron Global Business
Accelerator, the winner of the 2008 National Business
Incubation Association Incubator Innovation Award, which provides
low cost space coupled with effective, hands-on, business
development support, including: business planning, networking with
key collaborators and customers, access to legal and accounting
services as well as access to capital. A key component of the
Corridor is the Akron BioInvestments
Funds, which provides access to grants and loans to appropriate
The Akron BioMedical Corridor focuses on orthopedics, wound
healing, burns, imaging and advanced functional materials
applications and devices.