What's New The Akron BioMedical Corridor is a growing hub within the Akron area that is frequently visited by businesses, foreign country economic consuls, nonprofit organizations, research institutions and many other groups. Below, you will get a glimpse into the many happenings within the Corridor. Contact: Dr. Zev GurionExecutive Director, Akron BioMedical Corridor166 South High Street, Suite 202Akron, OH 44308330.375.2471 To find out more, contact us now or call us directly at330.375.2471. "I'm new to the area, and I have been extremely impressed with how the City of Akron takes the extra steps to help businesses grow - introductions to potential customers, access to funding sources and assistance with basic operations." - Jeff ReedyCEO and President, 7signal Solutions, Inc. "The Technology Bridge between Akron and CE PoliMaT, Slovenia, is working. The bridge is a collaborative platform for joint research, technology and commercialization projects, creating a soft landing for Slovenian startups and companies in the U.S. and vice versa." - Mateja DermastiaCEO, CE PoliMaT, Slovenia TAKE NOTE! Akron BioInvestments Funds is accepting applications for 2014. Click here to submit your application. Upcoming Events for 2014 With a full itinerary of trade shows, fairs and international visits, the Akron BioMedical Corridor's marketing team will be representing Akron, USA and showcasing all it has to offer across the globe. Some of these events are listed below. If you are interested in scheduling a meeting for any of these shows, please contact us. December 1-4: RSNA in Chicago, IllinoisRepresentatives from the City of Akron and the Akron BioMedical Corridor will perform an audit of RSNA this year in Chicago. Surrounding the audit, they will also be conducting meetings with individuals, companies and organizations interested in the area. JUNE 2014 BioMedica Summit 2014 The Akron BioMedical Corridor exhibited at this two-day show June 17-18 in Maastricht, where Bob Anthony of the BioMedical Corridor joined a panel to speak about the future of medicine, including diagnostic devices, biomaterials and orthopedics, to name a few. The team is pursuing 11 leads from the show with companies that are primarily based in Germany, Belgium or the Netherlands, as well as a French company that produces advanced materials for biomedical applications. While in the Netherlands, the team also toured the Dutch Polymer Institute at the Chemelot Campus. Baltic Sea Health Summit 2014 Rob Ngungu, the director of regulatory affairs at Austen BioInnovation Institute in Akron, spoke at this event about the FDA and regulatory changes in the U.S. Though the Akron BioMedical Corridor did not exhibit at the show, the team attended several meetings in Helsinki with current biomedical collaborators and new companies coming to the U.S. Read more... Akron attends MD&M in NYC Members of the Greater Akron Chamber of Commerce, along with FirstEnergy, visited the Medical Design & Manufacturing East Conference (MD&M) June 9-11 in New York City. Representatives met with exhibitors from throughout the nation, 15 of which were from Northeast Ohio, with the overall goal of promoting the Akron region. MAY 2014 Nervive receives grant from U.S. Army More details to come. BioMed Israel 2014 Representatives from the Akron BioMedical Corridor attended BioMed Israel again this year, where they exhibited and conducted 42 meetings with companies that specialize in the fields of biomedical, polymer/advanced materials and energy. In addition, they also met with Akron Global Water Alliance partners and visited emerging companies at Targetech Innovation Center, an Israeli business incubator. Read more... Finnish delegation stops in Akron during U.S. tour A Finnish delegation with 15 regional mayors and a representative from a Finnish company visited Akron during a weeklong tour of the U.S. that included Chicago, Washington, D.C. and Columbus, Ohio. While in Akron, they toured the headquarters of Goodyear, the Akron Global Business Accelerator and the Timken Center at the University of Akron. Presentations about economic development were also given at each location. Slovenian delegation tours Akron and meets with local companies Fifteen members of AmCham Slovenia, the American Chamber of Commerce in Slovenia, arrived in Akron the following day. A reception for the delegation was hosted by the City of Akron, the Greater Akron Chamber of Commerce, Team NEO, private sector companies, economic development partners and local community leaders. They participated in several B-to-B meetings with local companies held at the Akron Global Business Accelerator. The companies, some of which are client companies with the Accelerator, were from industry-specific clusters in Akron. MARCH 2014 Visitors from hi-tech European region Representatives from Euregio, the region of Western Germany, Northern Belgium and Southeastern Netherlands, visited the City of Akron for three days. Euregio contains a hi-tech triangle area consisting of Eindhoven, Leuven and Aachen. The visitors specifically represented Bytec, a contract medical manufacturing company located in Germany. University of Akron hosts biomechanics meeting The University of Akron hosted the 2014 Midwest American Society of Biomechanics Regional Meeting at Quaker Square. Dr. Antoine van den Bogert of Cleveland State University and Dr. Francis Loth of the University of Akron each gave a keynote address, and many students also participated by giving podium and poster presentations during the event. The meeting provided an excellent atmosphere for networking opportunities between students and faculty to promote research and career growth. JANUARY 2014 California-based Nervive relocates to Akron Nervive, Inc., a biomedical company, received funding through the Akron BioInvestments Funds, LLC. to commercialize the VitalFlow stimulator, a new medical device to treat stroke victims. The company plans to move its headquarters to Akron and will initially set up at the Akron Global Business Accelerator before expanding into other offices. Read more… DECEMBER 2013 Italian and Chinese companies visit Akron The City of Akron welcomed two international companies for a visit. The first, an Italian company, produces packaging machines that are used in various industry settings, including automotive and biomaterials. The other visitor was a Chinese company that also produces machines. Specifically crafted for the polymer industry, these machines also have some biomedical applications. Radiology event gains Akron's attention In early December, members of the BioMedical Corridor's marketing team traveled to Chicago to attend the annual event for the Radiology Society of North America (RSNA). The team conducted an audit of the event, which is the largest of its kind in the world, to discover how it related to their target industries. NOVEMBER 2013 Making connections in Amsterdam Bob Bowman, Deputy Mayor of Economic Development in Akron, visited the Netherlands in early November for the Aquatech Amsterdam trade exhibition. He held more than 40 meetings with targeted technology companies, some of which have life sciences capabilities. Akron representatives attend MEDICA Pictured are Bob Bowman and Bob Anthonyconducting a meeting during the show. Representatives from the Akron BioMedical Corridor exhibited at the 2013 MEDICA Trade Fair in Germany. During the show, they conducted more than 50 prescheduled meetings with companies interested in the Akron area. Of those meetings, more than half were continuations from previous meetings that began at past MEDICA fairs or other shows where Akron representatives were present. This figure demonstrates the value of continuity in establishing successful business relationships. Officials anticipate approximately 20 follow up visits as a result of MEDICA from now through the first quarter of 2014. OCTOBER 2013 K 2013 Trade Fair Representatives from Akron spent a week as exhibitors at the K 2013 Trade Fair in Germany, where they met with various international companies and business leaders. One of the companies with whom they met during the show has already visited Akron to learn more about the resources available in the Greater Akron area. Akron BioMedical Corridor website wins gold award The International Economic Development Council awarded the 2013 Excellence in Economic Development Gold Award to the Akron BioMedical Corridor for its website. This particular award is presented for a special purpose website and was given to city officials at a special ceremony in early October. The website was designed by local Akron agency, WhiteSpace Creative. SEPTEMBER 2013 Leading discussion at Tekes Functional Seminar in Finland Representatives of Akron attended the Tekes Functional Seminar in Finland, where they contributed to the event and sparked interest in the partnership building between the U.S. and Finland. Yang Yun, associate professor of biomedical engineering at the Univeristy of Akron, took on the role of keynote speaker at the Tekes Functional Materials seminar, and Bob Anthony of the Akron BioMedical Corridor led a roundtable discussion for the BioFinland Technology Bridge Steering Committee. Read More... Akron representatives attend Nordic Venture Conference The West Nordic Venture Capital Forum organizes the Connect2Capital conference, where international leaders from around the world interact with top technology companies from Denmark, Sweden and Norway. Warren Goldenberg, CEO of Fluence Therapeutics in Akron, attended the event with Bob Anthony of the Akron BioMedical Corridor, where they met leading investors from the Nordic area and shared knowledge with emerging technology companies. Xiamen Hi-Tech Investment Fair Xiamen Hi-Tech Investment Fair 2013. Members of the Akron BioMedical Corridor were exhibitors at the Xiamen Hi-Tech Investment Fair in China, where they met with 20 companies to discuss the resources available in Akron. Bill Roth, mayor of Fairlawn, and Bryan Nace, a Fairlawn City Council representative, were among the group as well. They attended as members of the Mayors Association of Portage, Summit and Stark Counties (MAPSS). AUGUST 2013 Neurostimulation in Akron gains recognition Nevromatrix in Akron recently received notice in hiVelocity, a weekly online publication about Ohio's changing economy. The article looked at neurostimulation in the entire state and the international ties to the industry that can be found in Akron. Nevromatrix is an Israeli company that came out of the Targetech incubator in which the City and local entities invested in 2006. This is the first company to establish operations in Akron as a result of this investment. Read More... Akron BioMedical Corridor visited the FIME International Medical Exposition For the first time ever, reprentatives attended the FIME show in Miami. This medical device show focuses on South American and Latin American audiences, but other exhibitors included representatives from China, Korea and various European countries. JULY 2013 International discussion on health care Representatives from the Akron BioMedical Corridor shared their thoughts during a panel discussion at the Inovita Life Sciences Driven Regional Development Workshop in Istanbul. The focus of the discussion was collaboration between government institutions and private businesses to create health care clusters. Other panel members included those from Israel, Turkey and the United Kingdom. Software company does market analysis Akron recently hosted visitors from an international company that produces innovative, interactive software to help those with learning disabilities. The purpose of the visit was to complete a market analysis of the area and investigate opportunities for future collaboration with Akron-based companies and organizations. JUNE 2013 The Akron BioMedical Corridor was well represented at the Biomedical 2013 European Life Sciences Summit. It's marketing team, who exhibited at the show, include representatives from the City of Akron, Akron Global Business Accelerator, Austin BioInnovation Institute in Akron (ABIA) and the University of Akron. Several members of the team acted as speakers at the event, met with new companies or continued to develop emerging business relationships from BioMedica 2012. Read More... FMI Medical Systems, Inc. leaders visit Akron Akron recently hosted Harry Jiang, the new president of FMI Medical Systems, Inc. of Akron and Donald Tang, managing partner for Creation Investment of Shanghai. Pictured from left to right: Harry Jiang of FMI Medical Systems, Inc.; Bob Bowman, deputy mayor of economic development; Donald Tang of Creation Investment of Shanghai; Sam DeShazior, deputy planning director. Akron BioMedical Corridor represented across the globe The Akron BioMedical Corridor exhibited again this year at the Israel BioMed 2013 in Tel Aviv, where representatives met with international business leaders to discuss the why Akron is an ideal location for reaching the North American market. Read More... Representatives also attended the Biomedica Summit 2013 in Aachen, Germany. Contact us to learn about the Akron advantage now. Mayor Don Plusquellic greet Bruno Jelencic Mayor welcomes visitors from Slovenia Bruno Jelencic from Metrel, a Slovenian manufacturer of electrical measurement and test instruments, visits Akron to learn more about the infrastructure of Ohio's most important sectors of industry. Knight Foundation Grant The Akron BioMedical Corridor was awarded a grant by the Knight Foundation. Bioscience Strategic Assessment and Plan The Akron BioMedical Corridor has engaged Battelle Technology Partnership Practice to conduct a Bioscience Strategic Assessment and Plan for the Akron BioMedical Corridor and the Greater Akron region. MAY 2013 Akron BioMedical Corridor Hosts Expert on International Engagement in Biotechnology The Akron BioMedical corridor was paid a visit by the Office of Biotechnology and Pharmaceutical Industries Promotions Office in May after the Bio International Show in Chicago. Sylvia Chi-Mei Lin, Manager of International engagement toured the Austen Bio-Innovation Institute, the Akron Global Business Accelerator, SUMMA Cancer Care Center, Children's Hospital and University of Akron Innovation Campus. It is the goal of the Akron USA and Taipei Bio to collaborate on special opportunities in innovation that seek a portal to both marketplaces in North America and Asia.. Shown in the picture with her are Steve Fenning. Kyle Kutucheif from ABIA and and Samuel DeShazior-Deputy Planning Director Ohio Manufacturing Mart Ohio Manufacturing Mart Opening Hosted in Akron for the first time, the Manufacturing Mart attracted 45 exhibitors. Tom Guevarra, Deputy Assistant Secretary Economic Development Administration, opened the Ohio Manufacturing Mart Trade Fair.Read More... Akron and Lithuania sign collaboration agreement The City of Akron and the Greater Akron Chamber hosted a delegation from Lithuania in town to sign a business development agreement between the Akron Global Business Accelerator and Kaunas University of Technology. Read More... APRIL 2013 Akron on list of top 100 fastest growing cities in the U.S. Akron curretnly ranks as number 27 on the list and tops all cities in Ohio. Read More... MARCH 2013 Chinese Rubber Industry Show In late March, Akron officials attended the China Rubber Industry Show, which was held in Qingdao, China. This was Akron's second year as an exhibitor, and officials met with nearly 40 companies during the event. One investment has come as a result of Akron's work at the show. JANUARY 2013 Growth rate of investment in NE Ohio outpaces the US: Young tech companies attract $201M in 2012 Last year, 105 tech-based companies in Greater Cleveland raised $201 million from venture capitalists and angel investors, according to the region's Venture Capital Advisory Task Force. This activity represents a 34 percent increase over the amount raised by companies in 2011. Investors from all across the nation continue to discover the region's investment opportunities, with 28 out-of-state funds making first-time investments in Northeast Ohio in 2012.