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Will bioprocess manufacturing become the salvation for rural areas, replacing jobs lost in traditional manufacturing sectors?

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Around the Region

Rural development strategies explored
Regional leaders brainstorm how to create economic opportunity in rural parts of the Research Triangle Region.

NC State focuses assets on state’s top issue
A new NC State program aims to link the university’s knowledge and resources strategically with state economic development initiatives.

International forum focuses on nanotechnology
RTRP’s economic development partners in Europe make plans to host the premier nanotechnology event in Dresden in November.

Inspire Pharmaceuticals voted best workplace for scientists
Scientists surveyed by The Scientist magazine said Inspire Pharmaceuticals is the best life sciences company to work for in the United States, Canada or Western Europe.

NIH awards area universities $560 million in 2002
The area’s five local universities received a total $560 million in research grants from the National Institutes of Health in fiscal 2002, advancing health sciences and fueling the region’s life sciences industry.

RTRP taps executive committee
RTRP board of directors approves a slate of regional business and community leaders to serve on its executive committee during 2003-04.

Regional Initiatives

Future Competitiveness Task Force
The CEO-level regional task force led by former N.C. Gov. James B. Hunt continues to press forward on an aggressive schedule to develop an action plan for the region’s future prosperity.
Visit the Web site

Attracting Rural Investment
Community leaders in the Kerr-Tar Region are the first to step forward and plan an innovative multi-county mid-tech hub recommended as a rural development strategy by a recent RTRP study.
Link to Kerr-Tar Hub Web site
Read the Hub feasibility study (.pdf)

Blueprint for Life Sciences Growth
Protecting and growing the region’s life sciences industry amid fierce competition from areas is the topic of an RTRP life sciences industry report.
Read the report (.pdf)

Investor Salute

RTRP Indicators

		May 03	April 03	May 02
	Web site hits	65,224	65,327	58,977
	Inquiries	112	114	102

Selected Recent Investments
Cummins-Atlantic’s new $2.5 million plant in Johnston County and 80 new jobs is among $187 million in investment and 1,091 new jobs announced in the Research Triangle Region during the first quarter of 2003.

Regional Accolades
Forbes magazine names the Raleigh-Durham-Chapel Hill area No. 3 for Business and Careers, one of the region’s latest accolades.

Regional Events
Area entrepreneurs will be honored for their achievements at the Council for Entrepreneurial Development’s 17th annual Entrepreneurial Excellence Awards and Family Fun Festival in August, one of the summer events planned for regional businesspeople and entrepreneurs.