• Join your peers at SSTI's 2024 Annual Conference!

    Join us December 10-12 in Arizona to connect with and learn from your peers working around the country to strengthen their regional innovation economies. Visit ssticonference.org for more information and to register today.

  • Become an SSTI Member

    As the most comprehensive resource available for those involved in technology-based economic development, SSTI offers the services that are needed to help build tech-based economies.  Learn more about membership...

  • Subscribe to the SSTI Weekly Digest

    Each week, the SSTI Weekly Digest delivers the latest breaking news and expert analysis of critical issues affecting the tech-based economic development community. Subscribe today!

Missouri Targets $21.5 Million for Life Science Research

July 13, 2001

At the end of June, Governor Bob Holden signed an executive order committing $21.5 million of the state’s tobacco settlement funds for biotech research during fiscal year 2002. Governor Holden made his announcement prior to signing Senate Bill 500, which expands the state’s job training program to prepare Missouri’s work force for new careers in life sciences. Although the General Assembly this year appropriated $21.5 million in tobacco settlement funds for life sciences research and development, no legislation was enacted to govern the expenditure of the money.

The executive order will direct the State Office of Administration to administer the funds through the Life Sciences Research Committee, composed of the commissioner of administration, and seven other members appointed by the governor. The committee will solicit and review biotechnology research proposals, and funds will be disbursed through research contracts for proposals that have the potential to provide the greatest health and economic benefits to Missourians.

Funds earmarked for the life sciences can support development and clinical research including aging, endocrine, cardiovascular and neurological work, nerve regeneration, pulmonary, diagnostic disease and infectious disease, and nutrition and food safety.

For more information, see the Governor’s press release http://www.gov.state.mo.us/press062001b.htm