U.S. Economic Development Administration Awards $35 million Grant to the Oklahoma Biotech Innovation Cluster

Today, President Biden will announce the Oklahoma Biotech Innovation Cluster as one of 21 winners of the $1 billion Build Back Better Regional Challenge, the most impactful regional economic development competition in decades. Funded by President Biden’s American Rescue Plan and administered by the U.S. Department of Commerce’s Economic Development Administration (EDA), the Regional Challenge is awarding approximately $35 million in grants to the Oklahoma Biotech Innovation Cluster, led by the Oklahoma City Economic Development Foundation, to expand the biotechnology industry in the Oklahoma City region.

Read more on EDA.gov

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