September 02, 2022
(Washington, DC) – U.S. Senator Jeanne Shaheen (D-NH), Chair of the Senate Appropriations Subcommittee that funds the Financial Improvement Administration (EDA), together with U.S. Senator Maggie Hassan (D-NH) and Representatives Annie Kuster (NH-02) and Chris Pappas (NH-01), applauded the EDA’s announcement that the company named the BioFabrication Cluster as considered one of 21 American Rescue Plan Construct Again Higher Regional Problem winners. EDA is awarding roughly $44 million in grants to the BioFabrication Cluster, led by the Metropolis of Manchester, to determine a biofabrication cluster in Southern New Hampshire. Shaheen, Hassan, Kuster and Pappas all advocated on behalf of this grant.
With $44 million in funding from EDA, the BioFabrication Cluster will set up Southern New Hampshire as the worldwide epicenter for the manufacturing and distribution of regenerative tissues and organs. Coalition tasks embody creating a facility appropriate for scaled manufacturing of cells, tissues and organs, making a enterprise accelerator, establishing a cluster work-and-learn program and constructing pilot stations for a logistics community for use for future organ distribution.
“I’m excited to see this $44 million heading to Southern New Hampshire to place our state as a frontrunner in cutting-edge science and innovation – not simply throughout the nation, but in addition on the worldwide stage. This substantial funding will revitalize our communities in significant, lasting methods, from creating good-paying jobs to making ready our workforce to propel rising industries. Manchester and its coalition companions had been awarded this aggressive grant in recognition of their transformative imaginative and prescient round native biotechnology,” mentioned Senator Shaheen, who’s chair of the Senate Appropriations Subcommittee that funds the Financial Improvement Administration, which is the awarding company of this grant. “I’m thrilled to welcome this grant from the progressive Construct Again Higher Regional Problem, and I stand able to assist the area’s financial development and revitalization within the years to return.”
“New Hampshire can lead our nation’s rising biotechnology trade, which is why I used to be proud to advocate for Manchester to obtain this transformative grant,” mentioned Senator Hassan. “New Hampshire is a beacon for innovation, and we all know that this undertaking will produce life-saving analysis and expertise for all the world – all whereas bringing good-paying jobs to New Hampshire and bolstering our economic system.”
“It’s welcome information for our metropolis that the BioFabrication Cluster in Manchester has been introduced as a winner of this game-changing funding from the Financial Improvement Administration,” mentioned Consultant Pappas. “I’m grateful for the management of Mayor Joyce Craig and her workplace in looking for out alternatives that may assist our companies and producers as they develop, and I used to be proud to advocate for this proposal. Lately, Manchester has reworked itself into a frontrunner within the expertise area, and these funds will cement its place as a frontrunner within the improvement and manufacturing of regenerative tissues as properly. From enhancements to our transportation community to the creation of latest jobs and alternatives for workforce improvement, our group will see numerous financial advantages from this funding.”
“This federal funding from the Division of Commerce’s Financial Improvement Administration (EDA) is a significant funding in our state and can assist push New Hampshire to the forefront of latest cutting-edge medical developments,” mentioned Consultant Kuster. “This EDA grant will guarantee our state has a serious position within the 21st Century economic system and can create good-paying jobs for Granite Staters.”
“That is an historic day for the Metropolis of Manchester. By way of the $44,000,000 awarded to our regional coalition, we’ll not solely revolutionize healthcare, however we’ll create hundreds of high-paying jobs, and pathways to employment for our residents, no matter their present stage of schooling or coaching. Manchester was as soon as the world chief in textile manufacturing, and now, due to this funding by the Financial Improvement Administration, we’ll be the world chief in biofabrication manufacturing as properly,” mentioned Mayor Joyce Craig.
“The Construct Again Higher Regional Problem supplies daring investments in native economies to create good-paying jobs, catalyze rising industries, and put together our workforce for the longer term,” mentioned Secretary of Commerce Gina Raimondo. “The BioFabrication Cluster will improve U.S. competitiveness, inserting Southern New Hampshire as a worldwide chief within the trade, and making certain a powerful, regional economic system for the longer term.”
“The Financial Improvement Administration is proud to assist the imaginative and prescient of town of Manchester and its coalition members,” mentioned Assistant Secretary of Commerce for Financial Improvement Alejandra Y. Castillo. “This EDA funding will drive innovation within the native biotechnology trade, assist enterprise improvement, and create jobs whereas diversifying the regional economic system.”
The BioFabrication Cluster is considered one of 21 winners – every a regional coalition of partnering entities – that may obtain awards between $25 million and $65 million to implement a mean of six tasks that collectively will allow every area’s financial transformation and competitiveness.
The Construct Again Higher Regional Problem (BBBRC) is an unprecedented aggressive federal grant program that gives every regional coalition with important investments to deal with all kinds of tasks – together with entrepreneurial assist, workforce improvement, infrastructure, and innovation – to drive inclusive financial development. Every coalition’s assortment of tasks goals to develop and strengthen regional trade clusters – all whereas embracing financial fairness, creating good-paying jobs, and enhancing U.S. competitiveness globally. Initiatives span 24 states and embody $94 million to 2 primarily Tribal coalitions and over $200 million for tasks serving communities impacted by the declining use of coal.
As Chair of the Commerce, Justice, Science and Associated Companies Appropriations Subcommittee, Shaheen oversees funding for the EDA. Within the fiscal 12 months (FY) 2023 authorities funding laws that her Subcommittee launched earlier this 12 months, Senator Shaheen included $450 million for the EDA. This stage is a rise of $76.5 million above the prior 12 months. Shaheen beforehand opposed efforts by the Trump administration to scale back or get rid of funding for the EDA, which not too long ago awarded grants to Granite State communities for all kinds of tasks.