The Economic Development Administration awarded a $9.06 million Project Grant to the University of Oklahoma Health Sciences Center through the Economic Adjustment Assistance program (CFDA 11.307) on September 8, 2022.
The grant funds the Oklahoma Biotechnology Innovation Cluster led by the Oklahoma City Economic Development Foundation to expand the biotechnology industry in the Oklahoma City region. Projects supported include a commercialization program, expansion of the region's clinical trials center, biotech startup support, and a bioprocessing core facility and workforce program to prepare the region for biomanufacturing. The cluster aims to bolster domestic resiliency within the biopharmaceutical supply chain. Once implemented, the investment is expected to develop and strengthen regional industry clusters while embracing economic equity, creating well-paying jobs, and enhancing U.S. competitiveness globally.
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