Basel Area reports record year in location marketing

Basel Area Business & Innovation has never succeeded in helping more companies set up shop than in 2021. The non-profit organization, which focuses on the development of the region's leading industries such as life sciences, healthcare and production technology and operates the Switzerland Innovation Park Basel Area, is suitably pleased. It appeals to and attracts foreign companies looking to expand, supports innovative startups and promotes high-growth initiatives. This seems to have worked well in the second year of the Corona pandemic, as demand for the Basel Area location has not diminished, according to a media release. The new record of 39 company settlements even clearly exceeds the previous year's result of 27 settlements.

Life Sciences leading

With 28 settlements, companies from the life sciences sector account for more than two-thirds of the newcomers. Of these, 7 belong to the growing innovation area of digital health. This shows that the Basel economic region is becoming increasingly popular with companies involved in digital health innovations. At the same time, the region has also become more attractive for companies in the field of industrial transformation. 5 Companies active in production and process technology have newly established themselves in the region. The companies that have settled in the cantons of Basel-Landschaft, Basel-Stadt and Jura in 2021 come from 15 countries. The USA and France each accounted for 5 of the settlements, the UK for 3. 9 newcomers came from cantons outside the Basel area.

High number of startups

The number of new company startups remains remarkably high, it adds. According to the organization, it supported 76 startups that were founded in the Basel region in 2021. Although this is 6 fewer than in the previous year, it is the second-best figure ever achieved. The Basel Area's outstanding ecosystem plays a central role in both newly founded startups and the relocation of established companies. The support programs and accelerators BaseLaunch (biotech), DayOne (digital health), i4Challenge (industrial transformation) and the broad-based venture mentoring also play a major role in the further development of the ecosystem.

Basel Area moves Innovation Park

The Switzerland Innovation Park Basel Area is also developing well, with 68 companies and 14 research groups now operating at its sites in Allschwil, Basel and Jura, as well as on the Novartis Campus. Because the Innovation Park on the Novartis Campus is fully occupied, the move to the 12th and 14th floors of a neighboring building with significantly larger space and a view of the Basel Area will take place on April 1.

Source: www.baselarea.swiss