FaegreBD Consulting has provided strategic analysis to shape initiatives, pursue federal resources and support both agency and U.S. Congressional involvement in specific projects on behalf of one life sciences client in a collaboration involving a medical school, a university, a device manufacturer, a pharmaceutical company, a local city, an insurance company and a hospital. FaegreBD Consulting dramatically repositioned one area's life science assets and measurably increased the federal investment in research product development and job creation in the region.
We have secured more than $6 million for an innovative public-private partnership Technology Development Corporation to support incubator and other economic development projects. FaegreBD Consulting successfully secured language granting "enhanced use lease" authority to an affiliated federal research facility.
Emerging economic markets are important to the success of a community undergoing an economic development initiative. FaegreBD Consulting helps community leaders identify new areas in which to invest and helps them get the federal support they need. The economic development team helped one client obtain almost $1 million in federal funding for two initiatives – a biomedical research center and a communications program – that had a significant impact on job creation and stability in the region.