A hub for healthcare innovation is taking shape

Many U.S. cities are competing to bring biotech companies and jobs to their communities, places like Phoenix, Buffalo, Gainesville and of course, Miami. They all want to develop an industry cluster, and while cities like San Diego and Boston have already successfully grown theirs, Miami's efforts are still somewhat nascent. Less than a year ago though, the Miami Innovation Center opened its doors for business at the University of Miami Life Science & Technology Park. The Miami Innovation Center caters to startups and small businesses with a mix of offices, labs and co-working spaces.