Industries & Incentives - EDC of Lawrence & Douglas County
The City of Lawrence and Douglas County offer access to opportunity, infrastructure, workforce, and resources that businesses need to be successful. We’re a place where companies of any size have the opportunity to thrive. We are committed to bringing high quality jobs to the region. We welcome and support a broad range of industries and companies looking to locate or expand a business in the Lawrence area. Our highly-educated workforce, accessible Midwest location and the fringe benefits of having a top-tier research university in our backyard makes us a region of choice for start-ups, research and development, technology, bioscience, and every type of entrepreneur.
Bioscience & Pharmaceuticals
Research. It leads to discovery and innovation, and it’s what sets Lawrence and Douglas County apart for companies in the bioscience and pharmaceuticals sectors. Our quality workforce and access to world-class research facilities make us a highly sought-after region for companies working in these industries. The University of Kansas, located in Lawrence, is a renowned research university, conducting more than $1 billion in externally-sponsored research over the past four years. The university houses 10 major research centers that provide a convenient source of collaboration for area bioscience companies. Statewide and locally, we are committed to the continued growth of the biosciences and pharmaceuticals industries. Through incentives like those offered by Kansas Bioscience Authority (KBA), existing Kansas companies, progressive out-of-state companies seeking to relocate, and entrepreneurial startups are receiving investments and incentives to fund their innovations.
Easy access to agricultural and industrial capabilities makes our Midwest location a natural fit for companies in the animal health sector. Lawrence is part of the Kansas City Animal Health Corridor – a region that’s considered a global leader in the animal health industry. The Corridor is home to more than 300 animal health companies, the single largest concentration of animal health companies in the world. More than 40% of the world’s animal health research takes place in the Corridor, and businesses within this region record annual sales of animal health diagnostics and pet food sales that total $50 billion.
Our Midwest location and proximity to the Kansas City metro area make the Lawrence region an attractive place. But two things really differentiate us for companies in advanced manufacturing. Lawrence has one of the most highly educated workforces in the country. It’s a region where 25% of the population over the age of 25 has a graduate or professional degree, and 54% hold a bachelor’s degree. It’s a quality talent pool ready to work for you. Another asset for the business community is the University of Kansas. KU is a top-tier public research university and Lawrence and Douglas County companies benefit from the University’s commitment to partner with business. The University’s Innovation and Collaboration Center, its more than 2,000 research professors and state-of-the-art facilities are partners in commercialization, help local companies move innovation into the marketplace.
For the right project and the right company, we can coordinate and assemble an incentive package that best suits the interests of the company and the community. Local government leaders have a history of using the city and county incentive policies wisely. By doing so, leaders have created an environment where incentives can be used more aggressively now and in the future. Incentives ranging from tax credits to customized workforce training are available to companies expanding or locating to the area through the Kansas Department of Commerce, the City of Lawrence and Douglas County. If you’re ready to start, expand, or locate a business in Lawrence, contact Steve Kelly for assistance in accessing the programs that make sense for your business. Our staff can also help identify incentives that can be combined to create greater financial benefits for your company.