Funding

Biotechnology is all around us and is already a big part of our lives, providing breakthrough products and technologies to combat disease, reduce our environmental footprint, feed the hungry, and make useful products.

The holidays came a bit early for 19 biorefinery projects, in the form of a whopping $564 million in federal grant funds. Additional private investments are expected to pour another $700 million into these initiatives.

We have used the biological processes of microorganisms for 6,000 years to make useful food products, such as bread and cheese, and to preserve dairy products.

States and regions throughout the United States are investing to create a business climate that supports the specific needs of the biosciences sector.

Dr. Moira Gunn and David Ewing Duncan report from the BIO International Convention.