Lawmakers announce $500K federal grant for KC BioHub, tout region’s job creation, innovation

July 26, 2024  |  Startland News Staff

U.S. Rep. Sharice Davids, D-Kansas, and Melissa Roberts Chapman, the KC BioHub’s acting regional innovation officer, share a laugh during the celebration event at Boulevard Brewing; photo by Nikki Overfelt Chifalu, Startland News

Kansas City’s “top-notch” research capabilities and talented workforce prove the region is ready to lead the country in innovation, said Sharice Davids, revealing news that the local Tech Hubs initiative would receive another $500,000 in federal funding.

The award for the Kansas City Inclusive Biologics and Biomanufacturing Tech Hub (KC BioHub) comes less than a month after the regional effort learned it would need to retool its proposal for more significant, Phase II funding through the competitive, government-backed program.

Tech Hubs, created under the bipartisan CHIPS and Science Act, seek to ensure that industries of the future — and their quality jobs — are created, grow, and remain in the United States. The legislation was backed by U.S. Reps. Davids, D-Kansas, and Emanuel Cleaver II, D-Missouri.

“These new investments will help KC BioHub continue its crucial work, create good-paying jobs, and attract skilled workers,” said Davids. “Congressman Cleaver and I will continue to be its biggest champions in Congress as it applies for future grant opportunities that benefit our region.”

ICYMI: KC officially earns title of ‘Tech Hub,’ opening door to massive federal grant funding

In October 2023, the greater Kansas City region was designated as a Tech Hub, one of 31 inaugural Tech Hubs across the country that show potential for rapid growth in key technology sectors. The Tech Hubs Program’s Consortium Accelerator Award will enable KC BioHub to continue its crucial work and advance planning efforts for future implementation of grant funding.

U.S. Rep. Emmanuel Cleaver, D-Missouri, speaks at a March event in Kansas City; photo by Taylor Wilmore, Startland News

“From biomanufacturing to our growing tech industry, Kansas City is leading the country in innovation and attracting talented workers seeking an opportunity to work on cutting-edge research — and the rest of the nation is taking notice,” said Cleaver. “As strong supporters of the bipartisan CHIPS Act, I’m thrilled to join Rep. Davids in announcing another $500,000 in federal funding that will enable the KC BioHub to continue expanding and developing this burgeoning industry throughout the KC Region. It’s just another example of what can be accomplished for our communities when we put people over politics and focus on bipartisan solutions for Missouri workers and families.”

The KC BioHub, a consortium led by BioNexus KC, is focused on increasing domestic production of life-saving vaccines and other preventative technologies by strengthening innovation in animal and human vaccine development.

With the largest concentration of animal health and nutrition companies in the world, the KC BioHub is expected to leverage the region’s biotechnology assets and existing vaccine manufacturing facilities, research institutions, and startup ecosystem to enable the U.S. to capture a greater market share of human vaccine development.

Click here to learn more about the KC BioHub.

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

2024 Startups to Watch

    stats here

    Related Posts on Startland News

    Bardavon’s latest funding round gets a KC boost, supports Recovery+ new product rollout

    By Tommy Felts | April 30, 2024

    A transformative product release from one of Kansas City’s leading healthtech companies coincides with a meaningful funding round — marking a new chapter in workers’ compensation, as well as for Bardavon’s recently announced new CEO, the company said. Financial details of the round — led by WestCap and NewRoad Capital Partners, with participation from KCRise Fund…

    Kauffman Foundation revises funding priorities to three key areas, sharing first public details of its new strategic focus

    By Tommy Felts | April 30, 2024

    A refreshed vision for the Ewing Marion Kauffman Foundation aims to make Kansas City a national model for equitable economic mobility, dismantling systemic barriers and setting generations of historically under-resourced communities on the path to prosperity, according to just-released details from the influential organization. Updates to the Kauffman Foundation’s strategy come after the summer 2023…

    Jeff Rohr, SquareOffs

    MTC hits $50M investment milestone through its state-sponsored venture capital program

    By Tommy Felts | April 30, 2024

    JEFFERSON CITY, Missouri — A Show-Me State program launched a decade ago to drive economic development in Missouri and support tech founders has surpassed $50 million in equity-based investments for nearly 160 Missouri-based technology startups. The Missouri Technology Corporation announced the milestone Tuesday, lauding its Innovation, Development, and Entrepreneurial Advancement (IDEA) Fund for impact that…

    Closing the funding and resource gap for women-owned businesses 

    By Tommy Felts | April 29, 2024

    Editor’s note: The opinions expressed in this commentary are the author’s alone. Latasha Randle is a Strategy & Small Business Program Manager at Block Advisors by H&R Block, which was founded in Kansas City and boasts its headquarters in downtown KC.  Small businesses are the foundation of a flourishing economy. Every business, big or small,…