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

July 26, 2024  |  Startland News Staff

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.

[adinserter block="4"]

2024 Startups to Watch

    stats here

    Related Posts on Startland News

    RECAP: 1 Million Cups panel offers decision-making advice

    By Tommy Felts | June 3, 2015

    Three entrepreneurs took the stage at 1 Million Cups this week to offer advice on navigating the tough world of entrepreneurship. Alex Altomare, co-founder of BetaBlox, Linda Buchner, co-founder and president of Minddrive, and Ben Kittrell, co-founder and CTO of Doodlekit, all spoke about the variety of hard choices entrepreneurs face. On handling tough decisions……

    Sprint Accelerator startup raises $85K (and counting)

    By Tommy Felts | June 3, 2015

    Hidrate, a startup at the Kansas City-based Sprint Mobile Health Accelerator, rapidly surpassed its fundraising goal before a pitch to investors and nearly 2,000 Kansas Citians. The Minneapolis-based company’s Kickstarter campaign has already raised nearly $85,000 in two days, which more than doubles its goal to fundraise $35,000 in 42 days. Hidrate created a Bluetooth-enabled water bottle that tracks…

    Sprint Accelerator Demo Day preview (part III)

    By Tommy Felts | June 3, 2015

    The second class of the Sprint Mobile Health Accelerator is gearing up for its much-anticipated Demo Day, which serves as a culminating event and is expected to draw a crowd of nearly 2,000 people. Led by Boulder-based Techstars, the Kansas City-based accelerator is now hosting 10 mobile health tech startups from around the world for its…

    KC finance tech firm Lending Standard nabs nearly $500K

    By Tommy Felts | June 2, 2015

    Kansas City-based Lending Standard recently raised nearly $500,000 to further develop its software and hire additional employees. The financial tech company snagged the funds from regional investors, and with it has hired two additional technical staff, bringing its total headcount to eight people. Lending Standard created a platform on which organizations can receive and collaborate…