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OHIO Innovation Center receives $1 2 million CARES Act Recovery Assistance grant

OHIO Innovation Center receives $350K in federal grants to bolster biotechnology and life science startup companies

OHIO Innovation Center receives $350K in federal grants to bolster biotechnology and life science startup companies Ohio University’s internationally-renowned business incubator – the Innovation Center – has been awarded grants from both the Appalachian Regional Commission and the U.S. Department of Agriculture to expand business support provided to technology startups in the science industry sectors. “Because of the need for solutions to the problems created by the current pandemic and other market factors, demand for lab space from biotechnology and life science companies is on the rise,” said Stacy Strauss, director of the Innovation Center. The $250,000 award from the Appalachian Regional Commission, combined with a previously won U.S. Economic Development Administration award of $1.15 million, will add three additional biotechnology laboratories to the Innovation Center’s seven labs, as well as improve the building’s infrastructure.

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