This EDA investment supports the virginia biotechnology research partnership authority coalition, representing entities across the richmond/petersburg, virginia, region, with their proposal to scale…

The Economic Development Administration awarded a $500,000 Project Grant to the Virginia Biotechnology Research Partnership Authority Coalition to support the Advanced Pharmaceutical Manufacturing Cluster Growth Project. Funded under the Economic Adjustment Assistance program (CFDA 11.307), the project involves six component initiatives to invest in infrastructure, workforce development, and education initiatives to scale an existing advanced pharmaceutical manufacturing and research and development cluster in the Richmond/Petersburg, Virginia region. Construction-related projects include a pharmaceutical manufacturing demonstration facility and an expansion of wet lab space at the Bio + Tech Park in Richmond, Virginia. The two-year project period runs from December 2021 through December 2023.

This EDA investment supports the virginia biotechnology research partnership authority coalition, representing entities across the richmond/petersburg, virginia, region, with their proposal to scale its existing advanced pharmaceutical manufacturing and r & d cluster by creating the advanced pharmaceutical manufacturing cluster growth project. The coalition proposes six component projects to invest in infrastructure, workforce development, and education. The construction-related projects include a pharma manufacturing demonstration facility as well as an expansion of wet lab space in richmond, virginia's BIO + tech park.