HometownGeorgetown.com

According to a press release from the Economic Development Department, Georgetown’s new Texas LifeSciences Commercialization Center opens officially today. I learned quite a bit about this Center during a recent Leadership Georgetown class. Recruiting the biotech industry is part of Georgetown’s push to create high paying, low polluting jobs. Each of the companies in the Center are small, and part of what attracted them to Georgetown was the promise of shared resources. For example, the building developers put in a laboratory with cutting edge equipment that the companies couldn’t afford on their own. By leasing space in the TLCC, they will be able to do the necessary research for their product development. It’s the city’s hope that one or more of the companies will eventually take off and employ 200 or more of our local citizens in jobs with excellent salaries. There are currently three companies in the TLCC: Radix Biosolutions, Quantum Logic Devices, and Orthopeutics.