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== University-Industry collaboration ==
University-Industry collaboration has continued to grow over the past couple of years with the completion of Wake Forest Biotech Place. This allows university faculty and students to work together in wet or dry lab with industry partners. This new facility provides both parties with an conducive environment to research, innovate, and entrepreneur. Currently, 32 innovative companies use lab space within Biotech place showing its new found importance to the university and industry partners alike. In addition, Wake Forest has many departments there including the Wake Forest Regenerative Medicine, Biochemistry/Structural Biology, and Biomedical Engineering. All together, the main goal of this space is to create a hub for biomedical and information technology companies to interface with academic groups and exchange knowledge/ideas to better the lives of people all over the world. I see Biotech Place as a great opportunity for university students to gain vital experience taking products from the bench side to the market place. Hopefully, in time Biotech Place facilitate more interaction with the Undergraduate Campus allowing students to benefit from this unique interaction between academic and industry groups. Right now, few students actually know what is happening in Biotech Place or the downtown Winston Salem area. At the same time, Biotech Place is removed from the Undergraduate Campus by a ten minute drive which further segments this groundbreaking facility from students.
[http://www.wakeforestinnovationquarter.com/about/vision/ http://www.wakeforestinnovationquarter.com/about/vision/]
== Regional and local economic development efforts<br/> ==
