MID (Metropolitan Innovation District)

A Metropolitan Innovation District (MID) is a designated area within a city that fosters innovation and economic development. It encourages collaboration among businesses, universities, and government agencies, creating an environment conducive to new ideas and technologies. Typically, MIDs focus on specific sectors like tech or biotech, providing resources such as funding, infrastructure, and research facilities. The goal is to drive job creation, attract investment, and enhance the local economy, ultimately improving the quality of life for residents.