UB receives $500,000 to build life sciences program | web supplement
Empire State Development recently awarded the University at Buffalo a $500,000 grant to implement two new programs that will train science and management students to develop life science innovation in New State. York.
The new 12-credit Life Sciences Entrepreneurship program will be available as a concentration in UB School of Management’s top-ranked full-time MBA program beginning this fall and will eventually launch as a independent graduate certificate. Both will leverage UB’s extensive relationships with the startup community, external partnerships, and cross-disciplinary collaboration to equip students with the essential skills they need to build, launch, and grow successful businesses in the science of life. the life.
The Concentration will be the 10th option available to full-time UB MBAs who wish to gain expertise in a specific business discipline.
Bob Neubert, clinical assistant professor of entrepreneurship at the UB School of Management, will lead both initiatives. He says the programs will give business students a high-level science education, while science and medical majors will develop essential business skills.
“If a management student enters a biomedical company without a scientific background, they are at a disadvantage because it is a very technical company,” he says. “Science or medical students can use these skills to get in, but they’ll need management skills to progress.”
The programs are a partnership between the School of Management and the Jacobs School of Medicine and Biomedical Sciences, the School of Engineering and Applied Sciences, the Department of Biological Sciences of the College of Arts and Sciences, and the Roswell Park Comprehensive Cancer Center, with connections additional to the Faculty of Law and the Faculty of Pharmacy and Pharmaceutical Sciences.
“Life sciences and biomedicine will have a big impact on businesses over the next 20 years,” says Neubert. “Advances in medicine, genetics and personalization will drive the economy of the future and we want to build these businesses in Buffalo.”
Life Science Entrepreneurship programs are part of a growing portfolio of interdisciplinary programs offered by the UB School of Management. The school’s 18 collaborative degrees enable students to bring business acumen, leadership, and problem solving to a wide range of industries.
Empire State Development (ESD) is New York’s primary economic development agency. Through the use of loans, grants, tax credits and other forms of financial assistance, ESD works to enhance private business investment and growth to spur job creation and supporting thriving communities in New York State. For more information, visit www.esd.ny.gov.
The UB School of Management is recognized for its emphasis on real-world learning, community and economic impact, and the global perspective of its faculty, students, and alumni. The school has also been ranked by Bloomberg Businessweek, Forbes, and US News & World Report for the quality of its programs and the return on investment it offers its graduates. For more information about the UB School of Management, visit management.buffalo.edu.