Quinn Says $1.5 Million Grant for Biotechnology Center Will Create Jobs
HARRISBURG – Calling it a win for job creation and medical research in Bucks County, Rep. Marguerite Quinn (R-Bucks) today announced that a $1.5 million grant from the Redevelopment Capital Assistance Program (RACP) will be directed to job creation efforts within the Bucks County Biotechnology Center.
“This significant grant is a follow-up to previous state funding that allowed the Bucks County Biotechnology Center to invest in our local community while working on valuable research projects,” said Quinn. “I am hopeful that the infusion of this capital will allow the center to continue to improve and expand upon its offerings so that even more jobs can be created and more research can be done to discover important medical breakthroughs and save lives.”
This project will add functionality to an existing RACP project, which involved the construction of the new building as well as associated parking. Construction for that began this past spring.
The second phase, which will benefit from today’s grant, will implement the IDEA Accelerator, by constructing additional labs within the shell space from Phase I. It also repurposes space within the attached Building 3 to include a new cafeteria/multi-purpose space, and renovations to the existing hallways and restrooms.
RACP provides grants to local communities for the acquisition and construction of regional economic, cultural, civic and historical improvement projects. The funding may be used for the design and construction of facilities that are economic development projects which generate substantial increases in employment, tax revenues or other measures of economic activity.
For nearly 20 years, RACP has reported numerous successes, with billions of dollars being injected into communities across Pennsylvania for valuable economic development projects.
Quinn thanked the governor for his assistance in securing additional funding for this vital economic development project.
Representative Marguerite Quinn
143rd District
Pennsylvania House of Representatives
Media Contact: Jennifer Keaton
(717) 705-2094
jkeaton@pahousegop.com
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