Key Results

Lead. Innovate.  Generate Results.

Below are metrics to date resulting from Bioworks’ leading initiatives in entrepreneurship, infrastructure/facilities and workforce development:

Entrepreneurship

  • More than $50 million invested capital in start-up businesses
  • 60 companies supported and more than 800 jobs created
  • More than $50 million in revenue generated annually (Innova and Bioworks Business Incubator portfolio companies)

Facilities/Infrastructure Development

  • $2.1B invested in the Memphis Medical Center district
  • Completion of the third phase of the UT-Baptist Research Park
  • $140M invested in the UT-Baptist Research Park, representing 305,000 square feed built or renovated

Workforce Development

Training and Placement Numbers as of March 1, 2018:

  • More than 1717 workers trained
  • More than 1087 workers receiving degrees or certificates
  • More than 887 workers placed in jobs (and growing)