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For Immediate Release
May 9, 2005
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Mike Eisenman with the Virginia Department of Business Assistance;
Wallace Stettinius and Michael Sesnowitz of the
Virginia Commonwealth University School of Business; and
David R. Lohr with the Virginia Biosciences Development Center. |
Park tenants hear importance of strategic thinking
Richmond, VA – Behind every successful company, there is a strategy — a business concept with underlying logic that can be developed by formal analysis, trial and error, intuition or pure luck. Wallace Stettinius of the Virginia Commonwealth University School of Business gave a group of local entrepreneurs, scientists and industry affiliates a framework for strategic thinking at May’s “Brown Bag” luncheon. The luncheon was organized by the Virginia Biosciences Development Center and sponsored by Virginia Department of Business Assistance.
About VBDC
The VBDC, located at the Virginia BioTechnology Research Park, provides business assistance to start-up companies located in the park’s incubator facility. In less than three years, the VBDC has emerged as a major contributor to the growth of early stage life science technology businesses in the Richmond area. VBDC staff have counseled more than 23 start-ups and helped to launch eight of them. Since its inception, VBDC has secured cash and/or in-kind commitments, grants and contracts exceeding $750,000 for the benefit of growing the life sciences industry in the region.
Contact:
Nicky Colomb
Virginia BioTechnology Research Park
Phone: (804) 828-6884
E-mail: ncolomb@vabiotech.com
Web site: http://www.vabiotech.com
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