Organization: NEW MEXICO BIOSCIENCE AUTHORITY
Mission: The mission of the NM Bioscience Authority is to help increase the amount of bioscience industry in the state of New Mexico.
Activities: The NM Bioscience Authority contracted with external consulting company, Econsult Solutions, Inc. (ESI) to work with the NM Bioscience Authority Board of Directors to develop a strategic plan they could follow to effectively meet the goals of the Authority to increase the amount of bioscience industry throughout the state. ESI conducted a NM Ecosystem Analysis, Best Practice Research, Stakeholder Interviews, a SWOT Analysis, and prepared a report of recommendations for the Board of Directors. This program service created a vital starting point for the state of New Mexico to follow to meet their goals.
The NM Bioscience Authority partnered with the NM Biotechnology & Biomedical Association (NMBio), the NM Partnership, City of Albuquerque Economic Development, Arrowhead Park, AMRI, and Colliers International to create a 16-page insert in the national Site Selection Magazine. The insert showcased the state of New Mexico as being bioscience ready and a place to locate to do business in the biosciences. This promotional program service helped to coordinate the marketing resources throughout the state to purposefully promote bioscience to a national audience.
NTEE category: Medical Research
Secondary category: Community Improvement & Capacity Building