🎉 We Did It! 🎉
The Wisconsin Biohealth Tech Hub, led by BioForward Wisconsin, has secured a Phase 2 award of $49 million from the U.S. Economic Development Administration (EDA)! This brings our total funding and commitments to over $80 million, including state funding and industry contributions.
This substantial investment will drive transformative projects in personalized medicine, enhance healthcare outcomes, and spur economic development across Wisconsin. With this funding, we are poised to:
🔬 Advance cutting-edge biohealth solutions
👩🔬 Boost research and expand lab space
🏫 Increase workforce development
💰 Improve access to capital for businesses
“We are thrilled to receive a Phase 2 award for the Wisconsin Biohealth Tech Hub,” said Wendy Harris, Regional Innovation Officer. “This funding will enable us to accelerate the development and deployment of cutting-edge biohealth solutions, positioning Wisconsin as a global leader in personalized medicine.”
“This Phase 2 award represents a significant opportunity for Wisconsin to showcase its strengths across many sectors of our biohealth industry and statewide manufacturing capabilities,” said Lisa Johnson, CEO of BioForward Wisconsin.
We're on track to create up to 30,000 quality jobs and generate $9 billion in regional GDP growth within the next decade. Our collaborative efforts with industry partners, government officials, and stakeholders are key to positioning Wisconsin as a global leader in biohealth innovation and economic growth.
Read the full press release: https://lnkd.in/g9MTEAxg
Let's celebrate this incredible achievement together! 🚀 #WisconsinBiohealth #TechHubs #Innovation #EconomicGrowth #PersonalizedMedicine #BioForwardWisconsin
Accuray, Employ Milwaukee , Exact Sciences, Forward BIOLABS, GE HealthCare, Madison Area Technical College, Madison Region Economic Partnership, Medical College of Wisconsin, Milwaukee Area Technical College, Milwaukee 7 , Plexus Corp., Rockwell Automation, Universities of Wisconsin, University of Wisconsin-Madison, University Research Park, Wisconsin Economic Development Corporation, WRTP | BIG STEP
Vice President and Founding Director, Transformative Research Unit for Equity
10moCan’t think of a better person to lead the first course