BioInspire, the Peoria-based incubator for medical device companies, accepted an “Excellence in Innovation” award at WESTMARC’S Best of the West award ceremony this week. The award is the latest recognition for BioInspire, whose goal is to help startup companies in the competitive field of medical device innovative gain a competitive edge.
The BioInspire facility is a joint effort between Plaza Companies, the City of Peoria and BioAccel. The Plaza Del Rio campus is the home of BioInspire, which is operated by BioAccel and is the brainchild of the City of Peoria Economic Development Office and Sharon Harper, the president and CEO of Plaza Companies. BioAccel offers first-class working space, technical and business assistance and collaborative opportunities. The partnership between Plaza Companies, City of Peoria and BioAccel/BioInspire has produced results in the form of new jobs in the West Valley and in positioning Peoria and the West Valley as a hub for innovation and technology.
WESTMARC’s Best of the West Awards is the West Valley’s most prestigious business recognition event, celebrating the best in Western Maricopa County for more than two decades. The event, on Nov. 5, was held at Phoenix International Raceway and honored outstanding contributions to the economic development, innovation and quality of life in the West Valley. A diverse panel of outstanding leaders, specifically chosen for their community and business expertise and located outside of the West Valley, determineed the winners from a large selection of deserving entries.
Awards were presented in the categories of Economic Engine, Excellence in Innovation and Quality of Life.
“BioInspire is especially deserving of an award that has the word ‘Innovation’ in it. BioInspire gives companies the chance to tap into business, marketing, research and development and other resources that give them the best opportunity for success,” Harper said. “With healthcare emerging as one of the country’s most important issues, now more than ever we need companies that can truly innovate in the medical field, and this is what BioInspire is helping companies to do. It also means more jobs in the West Valley and will help to attract even more companies and more jobs.”
“We want Peoria to be a signature destination not only for visitors but for businesses,” said Scott Whyte, economic services director for the City of Peoria. “BioInspire reflects our message that we are looking to grow our economic base and that we will pursue partnerships, projects and initiatives that make sense and help further this goal. BioInspire adds vibrancy and symbolizes the essence of innovation. It’s a perfect symbol for Peoria’s aspirations. We thank WESTMARC for recognizing the importance of this initiative with this award.”
“Great partnerships help foster innovation and drive economic success,” said MaryAnn Guerra, CEO of BioAccel. “That’s what we have with BioInspire, which is helping to bring jobs, products and ideas to Peoria in the form medical innovation.”
Plaza Companies, with office locations in Peoria and Scottsdale, Ariz., is an award-winning leader in the development and management of medical office properties, technology and bioscience facilities, and senior housing communities. Founded in 1982, Plaza Companies is a full-service firm with a portfolio of more than 5.5 million square feet valued at more than $1 billion.
BioAccel is a unique, fully independent, non-profit organization created to provide funding and business expertise to develop early stage life science technologies that drive local economic development efforts. BioAccel accelerates the development of new companies, drives economic development, and creates new biomedical products, which over time will become available to the general public.