Franklin is BioReady®

May 23, 2014

Franklin now Platinum-rated community for biotech

May 23, 2014 (Cambridge, MA)—The Town of Franklin has improved its zoning bylaws, building codes and other business and industry-related criteria to raise its BioReady® ranking from Gold to Platinum, signifying Franklin’s readiness to work with biotechnology companies interested in locating there.

“We are very excited to see Franklin reach the Platinum level of BioReadiness®,” said Robert K. Coughlin, President & CEO of MassBio. “Franklin has proved its commitment to facilitating innovation and supporting industry growth in Massachusetts.”

“The Town of Franklin is honored to be a Platinum level BioReady® Community, and is very appreciative to the Massachusetts Biotechnology Council for the recognition,” said Jeffery Nutting, Franklin’s Town Administrator. “This award signifies the success of Franklin Town Council’s continued efforts to promote a higher level of investment in the Town’s industrial areas, increase employment options for the Town’s residents, and increase the Town’s commercial and industrial tax base.”

MassBio and partner organizations across the state began the statewide BioReady® Communities Campaign in 2008 in order to provide background to municipal officials about the biotech industry and offer guidance on how to position municipalities as destinations for biotech laboratory and manufacturing facilities. To date, there are 77 BioReady® rated communities in the state.

Communities are ranked on a scale of Bronze, Silver, Gold or Platinum, and the system helps Massachusetts cities and towns market themselves to biotechnology companies looking to expand or relocate. As part of the campaign, the MassBio Economic Development Advisory Group (EDAG) developed criteria to both guide communities in their pursuit of biotech facility opportunities and rate them for BioReadiness®in order to provide each with a tangible marketing tool.

Other communities that have recently been awarded new or upgraded  BioReady® ratings include Leominster (Platinum), Malden (Gold), Millis (Silver), and Brookline (Bronze).

To view full ratings criteria, visit MassBio’s BioReady® Communities web page at http://www.massbio.org/economic_development/bioready_communities

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