Project Grant 017915307

Award Date 9/8/22
Completion Date Not listed
Dollars Obligated $8.8M
Federal Grant Program
11.307
Assistance Type
Project Grant
Place of Performance
Petersburg, VA, USA
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This $8.8 million Economic Development Administration Project Grant will support the Advanced Pharmaceutical Manufacturing Cluster led by the Virginia Biotechnology Research Partnership Authority to boost Virginia's domestic pharmaceutical supply chain. Funded projects include expanding wet lab space in Central Virginia to develop a pharmaceutical manufacturing corridor and critical infrastructure investments in Petersburg. The award will also catalyze a partnership between Virginia Commonwealth University and Virginia State University to create training and job opportunities in pharmaceuticals for underserved residents. Expected outcomes include strengthened regional industry clusters that embrace economic equity and create good-paying jobs to enhance U.S. competitiveness globally. The Department of Commerce's Economic Adjustment Assistance program provided the funding on September 8, 2022.

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