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Connecticut becoming a hub for new bioscience companies
– canadianbusiness.com
FARMINGTON, Conn. – Connecticut hasn’t become the Silicon Valley of bioscience quite yet, but five years after lawmakers made a massive investment to support the development of that industry, there is a thriving hub in Farmington.
Eighteen technology or bio-medical startups recently set up shop inside new laboratories at the Cell and Genome Science Building on the University of Connecticut Health campus.
The labs are being leased to the companies as part of the university’s Technology Incubation Program, which is designed to help bioscience and tech companies start and grow in Connecticut.
They were built using $19 million in funding from Bioscience Connecticut, the almost $900 million bonding initiative championed by Democratic Gov. Dannel P. Malloy in 2011.
“We’re making the kind of investments that quite frankly should have been made decades ago,” Malloy said Thursday, during the ribbon-cutting ceremony at the laboratories. “We know that a lot of companies can be started here…
Eighteen technology or bio-medical startups recently set up shop inside new laboratories at the Cell and Genome Science Building on the University of Connecticut Health campus.
The labs are being leased to the companies as part of the university’s Technology Incubation Program, which is designed to help bioscience and tech companies start and grow in Connecticut.
They were built using $19 million in funding from Bioscience Connecticut, the almost $900 million bonding initiative championed by Democratic Gov. Dannel P. Malloy in 2011.
“We’re making the kind of investments that quite frankly should have been made decades ago,” Malloy said Thursday, during the ribbon-cutting ceremony at the laboratories. “We know that a lot of companies can be started here…
