Wisconsin seeks $7.5m from JFC to secure $49m in federal funding for BioForward Inc., creating 30,000 direct jobs in personalized medicine and $9bn economic contribution.

Wisconsin Governor Tony Evers and the WEDC seek $7.5m from the Republican-controlled JFC to support BioForward Inc., securing Wisconsin's U.S. Regional Tech Hub designation by the U.S. Economic Development Administration. This designation unlocks $49m in federal funding, projected to create 30,000 direct jobs in personalized medicine and 111,000 indirect jobs in the first decade, contributing $9bn to Wisconsin's economy.

July 08, 2024
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