Sid Martin Biotechnology Incubator

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Sid Martin Biotechnology Incubator
Established: 1990
Dean: Director David L. Day
Location: Florida, USA
Website: Official website

The Sid Martin Biotechnology Incubator is a facility at the University of Florida thats mission is to meld the latest in research innovation with the marketplace. The Incubator works in all areas research relating to the life sciences, biomedical research, medicine, and chemical sciences.[1]

[edit] History

The Sid Martin Biotechnology Development Institute (BDI) was officially founded on July 2, 1990 by the Florida Legislature and was named after a member in the Florida House of Representatives named Sid Martin in recognition of his commitment to the state of Florida and the University of Florida. In 1994, the Trustees at the University of Florida authorized 6 acres to build the Sid Martin Biotechnology incubator.[2]

The Incubator is now 40,000 square feet and was built with a combination of funding from the University of Florida, the United States Department of Agriculture, and the Florida Legislature. Overall the facility was created, engineered, equipped, and opened in 1995 as one of the first bio-business incubators in the United States. The overall cost at that time was $11.5 million. The Incubator is currently located in the Progress Corporate Park outside of Gainesville, Florida. Overall this research park was built by the vision of former University of Florida President Robert Q. Marston.[3]

[edit] International Recognition

In an international contest, the University of Florida’s biotechnology business incubator was named the second best of its kind for 2007. The incubator assists newly created life science companies by providing physical space, equipment, logistical guidance and connections with prospective investors.[4]

[edit] External Links

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