Addressing COVID-19 at THBD…

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Dear Friends,

We hope this message finds you and your family well during this unprecedented time. Our hearts and thoughts go out to all of those already severely impacted by this pandemic. As you well know, the spread of coronavirus is affecting us all. Here are some trusted resources including the World Health Organization (WHO) and the Centers for Disease Control and Prevention (CDC) that you can use. Stay up-to-date on the latest news affecting Temple by visiting local trusted news outlets including the Temple Daily Telegram, KCEN News 6KWTX News 10KXXV News 25 and KWKT Fox 44.

Here at the Temple Health and Bioscience District (THBD), our mission is to grow twenty-first century jobs by fostering bioscience education, research and healthcare in Central Texas. In the midst of this outbreak, the THBD team is shifting the ways we serve so that our community can continue to benefit, but from a safe distance and with precaution.

Please note:
Hours: THBD will be closed to the public until further notice.

THBD Visitors and Tours: You may take a virtual tour of the lab on our website!

Webinar ONLINE ONLY: To limit undue risk of coronavirus exposure, the THBD Lunch and Learn Webinar series will be conducted online only until further notice. If you have registered to tune-in online for the March webinar, nothing has changed. If you registered to join us in Temple, please tune in online from the comfort of your home. For any questions, please contact Shannon Wetherbee at 254-316-1992.

THBD wants to let you know how much we appreciate the sacrifices each and everyone of you are making to keep our communities safe. Thank you to all of the tireless medical personnel who are putting themselves at risk everyday to save lives. COVID-19 has brought the world together with a singular sense of purpose. We will overcome this pandemic and be stronger for it.

Sincerely,
Tami Annable
Executive Director
Temple Health and Bioscience District (THBD)
(254) 935-3963
tamia@templebioscience.org

Engage your mind with THBD’s streaming online education

Now that you may find yourself with more time to explore and learn, it is the perfect time to engage with THBD’s online webinars. Engage and learn with recent webinar topics for small businesses and startups on our website. Learn about IP protection, prototyping, navigating the marketplace and more!

Also be sure to tune in online live with us for this month’s webinar on Tuesday, March 31. Dr. Katherine Stephenson of Dyad Engineering will be speaking about the myriad of ways 3D printing is changing the medical device landscape.

Innovation persists…

As an incubator for health-related startup companies, the team at THBD understands the significant impact COVID-19 brings to our tenants and the startup community. With the months ahead, it is important to come together as a community and stay strong. Let us be a resource to you. Be on the lookout for additional updates via our newsletter and blog as the weeks continue.

Our congratulations and support go to everyone who is finding new and innovative ways to support their community. Now is the time to put our heads together to face these challenges. We have the tools to provide the medical equipment in need with 3D printers, laboratory facilities and modern technology. Join fellow innovative thinkers in the mission to save lives and save our community.

SBA Loans and Relief

For small businesses and startups in need of relief, take the time now to apply for an Small Business Administration (SBA) loan. $50 billion has been allocated to the SBA for COVID-19 related disaster relief. Their mandate is to directly provide loans of up to $2 million to affected businesses nationwide at an interest rate of 3.75%. Whether or not your business has been impacted so far, you should be applying for this loan right now. Applications will be processed in the order they are received and there’s going to be tremendous backlog – You want to be as close to the front as possible. Think of this like the rush to stock up on hand sanitizer and toilet paper.

Ventilator Design Challenge

With potentially 70 percent of the population on the brink of being infected by COVID-19, our worldwide health care systems are currently being strained beyond their limits. Even now, there aren’t enough ventilators to save everyone who needs respiratory support. We encourage everyone to enter the Code Life Ventilator challenge. Launched by the Montreal General Hospital Foundation and the Research Institute of the McGill University Health Centre (RI-MUHC) and powered by Agorize, the challenge is open to everybody. The goal is to design a ventilator that can serve the COVID patients, in an emergency timeframe. Three finalist teams will be selected and share a cash prize of at least $200,000 CAD. Their designs will be available for free download to anyone who needs them, saving lives immediately. The deadline to submit a project is March 31, 2020, 11:59 pm EST. Enter here.

 

Be part of the solution with the COVID-19 ATX Exchange (ATXCE)

The COVID-19 ATX Exchange (ATXCE) is an online portal for smart minds in technology, health and engineering to come up with creative solutions to the challenges we face ahead. The exchange is a project of Dell Medical School at The University of Texas in collaboration with Austin Public Health and other community partners. Behind the scenes, they are bringing together experts, innovators and leaders from across our community to help us vet, triage and coordinate needs and close the loop with the requesting organizations amidst COVID-19.

Join the conversation on Facebook, Instagram and Twitter @TempleHBD.

Introducing the Temple Entrepreneurship Development Series

By | Business Resources, News, Press Coverage, Uncategorized | No Comments

Temple Daily Telegram
Temple Chamber Focus on Business | Christian Hernandez, Temple ISD – LT Class of 2020, Action Team – Temple Entrepreneurship Development Series (TEDS)

I’m a sucker for an underdog story, so I won’t say never, but hardly does a small business ever get started on passion alone. The truth is: opening any business may be the most daunting undertakings anyone can commit to. There are just so many variables. How do I get my sales tax license? How much should I expect to pay in taxes? What do you mean I can’t open a business checking account without a DBA? What is a DBA? What options do I have for funding the start of my business? How many people can I afford to hire? Do I need insurance? What sort of insurance do I need? How will people find my business?

Enough.

There are plenty of questions to make anyone second-guess if it’s worth opening their own business. A lack of confidence shouldn’t stop you, but a lack of a plan surely will.

So, what can you do to avoid the pitfalls of entrepreneurship? How do you plan for something you’re unfamiliar with? You get some help from someone who has traveled the road ahead – a guide. Or, you know, ten.

The Temple Entrepreneurship Development Series is an 8-week course of weekly classes that address some of the most challenging aspects of small busi-ness ownership. This program, taught by professionals in the community and professors at the McLane College of Business at the University of Mary Hardin-Baylor, is a risk-free environment to put your business plan to the test.

Classes begin Thursday, April 16th and will proceed weekly with the following schedule:

  • April 16 – What’s the Big Idea: Vision, Mission, Business Plan & Leadership
  • April 23 – Marketing Technology: Website, Social Media, Networking
  • April 30 –  Marketing: Target Market(s), Sales Projections, Pricing Strategies, Advertising
  • May 7 –  Accounting: Cash Basis, Cash Flow Forecast, Budgeting, Sales, Expenses & Profits
  • May 14 – Finance: Funding, Debt & Equity
  • May 21 – Legal & Insurance: Organization Tips & Coverage
  • May 28 – Taxes: Sales, Income & Payroll
  • June 4 – Wrapping Up: Launching, Operational vs. Strategic Decisions, Growth & Exit Strategy

These classes will be held at the Santa Fe Plaza Business Center from 7-9 p.m. on Thursday nights. Each class will start with a different keynote speaker – ranging from successful Temple entrepreneurs to community decision-makers – to encourage and inform class participants of the possibilities of entrepreneurship in Temple

During a recent speaking engagement at the Chamber’s annual Salute to Business, Governor Greg Abbot said this about Temple’s economic fertility: “The business leaders of Temple have put this region on the map by providing more opportunity and more jobs to those who call Central Texas home…. The Lone Star State is fortunate to have such successful communities like Temple, and I look forward to its continued emergence as a place of hope, prosperity, and opportunity.”

Conditions are right to start a small business in Temple. Make sure you’re ready. Register at www.templechamber.com/teds by March 26th!

Power player: Abbott touts Temple’s economic strength

By | About THBD, All, Industry Happenings, News, Press Coverage | No Comments

January 28, 2020
Temple Daily Telegram | By Jacob Sanchez

Gov. Greg Abbott has seen Temple grow from a sleepy, small town on Interstate 35 to an economic powerhouse in Central Texas.

Abbott, a Republican, told the more than 800 people gathered inside the Frank W. Mayborn Civic and Convention Center Tuesday evening that he would go through Temple on his way back home to Duncanville while attending the University of Texas at Austin in the late 1970s.

“I bet when I passed by Temple, at that time, there were only this many people who lived in all of Temple,” the governor said, referring to the crowded room. “And now look at what you’ve grown to be. … It’s been fabulous and impressive to see what you’ve done.”

Abbott was the keynote speaker at the Temple Chamber of Commerce’s Salute to Business event.

“We celebrate this evening the continuing transformation of Temple, beginning with the renaissance of downtown and radiating in all directions,” Temple Chamber President Rod Henry said.

Abbott highlighted several projects that are expected to bring in millions of dollars of investment and hundreds of new jobs to Temple. For example, he pointed to the $106 million distribution facility that battery manufacturer East Penn Manufacturing Co. will build in the city’s industrial park.

“A grant from the Texas (Enterprise Fund) helped close that deal,” the state’s top elected official said. “Texas and Temple work collaboratively on deals that are growing the workforce in this region.”

The East Penn distribution facility is just a small piece of the economic development occurring in Temple. Just last year, the Temple Economic Development Corp. helped bring more than $196 million in investment to the city and 336 new jobs, according to the entity’s annual report. In the past decade, TEDC has brought in more than $2.1 billion in investment and more than 1,500 new jobs to Temple.

“A point I wanted to make about how strong our economy is is the powerful role that people in this room are playing,” Abbott said, explaining that local businessman Drayton McLane III and Temple EDC President Adrian Cannady joined him on a trip to Japan last year to convince businesses to invest in Texas. “That shows the vital role Temple is playing in the future of economic development of our state.”

Not only is Temple becoming a power player in economic development, Abbott said the city is on the bleeding edge of medicine.

“This region is becoming for the state as well as a national leader in biosciences, biotechnology and the medical sector,” the governor said. “When you look at Baylor Scott & White, the Texas A&M Health Science Center and coupled with it the Temple Health & Bioscience District, you can see Temple is evolving into a major regional hub for medical innovation.”

The completion of Interstate 35 has paved the way for much of Temple’s success, Abbott said. Projects like that, he said, are important as the state adds nearly 1,000 people every day.

“If you get on I-35 tomorrow and think, ‘Man, it sure looks more crowded than it was yesterday.’ It is,” he joked. “There are more cars out there every single day, and that’s why we have to continue that construction. … We are adding $8 billion a year to build more roads, focused on congestion choke points to help you get around and to move McLane products a whole lot faster.”

Temple grew by almost 10 percent from 2014 to 2019, according to Temple EDC data. Current estimates peg Bell County’s second largest city as having a population of 83,452. Projections show Temple growing to 88,753 people by 2024.

Temple businessman Drayton McLane Jr. — who introduced Abbott — said the governor has done a good job in fostering a good environment for the state’s economy. But, McLane added, there has been at least one misstep.

“He made one mistake — he went to the University of Texas,” McLane said to laughs from the audience.

STEM internship paves the way for local students’ bright futures

By | About THBD, Business Resources, Internships, Startups, THBD Scholars Program | No Comments

The new year gifts us with new opportunities, and 2020 is already on a bright academic and economic course. The U.S. Bureau of Labor Statistics (BLS), projects unprecedented growth in STEM (science, technology, engineering and mathematics) careers by 2022, resulting in nine million new jobs. The team at Temple Health and Bioscience District (THBD) asks local professionals to become part of the success of these students by opening up your doors to provide valuable experiences as a mentor in the Temple community.

Temple Health and Bioscience District (THBD) is committed to growing these twenty-first century jobs by fostering bioscience education, research, and healthcare in Central Texas. At THBD, we encourage students to explore the opportunities of the 2020 THBD Scholars Program, and call on our local professionals to join us as mentors to our program interns.

Designed to attract qualified college students from across Texas, the THBD Scholars Program will pair participants with local businesses and researchers for mentorship and training. During the internship, students will explore their interests and gain real-world experience in medical fields under the leadership of local mentors from health, science, and technology organizations. If you or your organization would like to participate as mentors or partner facilities please reach out to THBD Executive Director Tami Annable at tamia@templebioscience.org. The 2020 THBD Scholars Program includes experiential and research opportunities in:

  • 3D Printing
  • Business / Entrepreneurship
  • Cardiology
  • Hospital Logistics
  • Infectious Disease
  • Medical Device Technology
  • Neurology
  • Oncology
  • Psychology
  • Public Health Services

The most powerful way to make a positive impact on our community and the future of the growing biotech corridor across Central Texas is to educate the bright students of our future,” said Tami Annable, Executive Director of Temple Health & Bioscience District. “We are fortunate to have ample resources in science, health, engineering, and technology industries right here in Temple, Texas. We encourage students to apply now and look forward to all of the exciting opportunities this year brings.”

Internships are more than a rite of passage. Future employers value internships because they equip ambitious students with knowledge, skills and experience. Surrounded by historically low unemployment rates and competitive markets, U.S. students are strongly encouraged by advisors and professionals alike to gain experience in their chosen field of study.

Mentors:

To become a mentor, contact THBD Executive Director Tami Annable at tamia@templebioscience.org today!

Students:

To apply for the 2020 THBD Scholars Program, students must be available to participate for the full duration from June 1 to July 31, 2020. Internships range from 20 to 40 hours per week. Applications must be filled out online at templebioscience.org/internship/#THBDScholars by February 15, 2020. In addition to hands on-experience with local STEM professionals, students will receive a $2,000 paid stipend with housing available (cost deducted from stipend) and the opportunity to showcase their work during a public poster session at the close of the program.