Project Grant 017915310

Award Date 9/8/22
Completion Date Not listed
Dollars Obligated $25M
Federal Grant Program
11.307
Assistance Type
Project Grant
Place of Performance
Chester, VA 23836, USA

This $24.5 million Economic Development Administration Project Grant supports the Advanced Pharmaceutical Manufacturing Cluster led by the Virginia Biotechnology Research Partnership Authority to boost Virginia's domestic pharmaceutical supply chain. Funded projects will expand wet lab space and critical infrastructure in Central Virginia to develop an emerging pharmaceutical manufacturing corridor and engage local businesses to enhance the regional supply chain. The investment will also create partnerships between Virginia Commonwealth University and Virginia State University to develop career pathways in pharmaceutical manufacturing for underserved residents. These efforts aim to strengthen regional industry clusters in pharmaceuticals through job creation and U.S. competitiveness globally. The grant was awarded on September 8, 2022 by the Department of Commerce's Economic Development Administration under the Economic Adjustment Assistance program, which provides technical and infrastructure assistance to regions facing adverse economic changes.

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