Gov. Evers, U.S. Sen. Baldwin Announce Wisconsin’s Official Selection as a Tech Hub, Unlocking $49 Million to Grow Biohealth Economy and Create Jobs
2 Jul 2024
News, Economic Development, Regional News, Technology
Gov. Tony Evers, together with U.S. Sen. Tammy Baldwin (D-Wisconsin), announced that Wisconsin has officially been selected as a U.S. Regional Tech Hub, unlocking $49 million to grow the state’s personalized medicine and biohealth sector, including advancing research and innovation, growing the state’s economy and creating jobs, and boosting American competitiveness in a cutting-edge industry. The coveted designation will allow Wisconsin’s consortium of 15 public and private partners organized by the Evers Administration through the Wisconsin Economic Development Corporation (WEDC) to boost research and expand lab space, increase coordination and collaboration, improve access to capital to start and grow businesses, and further build out the personalized medicine and biohealth technology sector.
“From Microsoft’s $3.3 billion investment in an AI datacenter in Mount Pleasant to Thermo Fisher Scientific’s $58 million expansion in Middleton, we’re positioning Wisconsin as a national leader in innovative industries as we work to build the economy we need to meet the demands of the 21st century,” said Gov. Tony Evers. “I’m grateful to President Biden, U.S. Sen. Tammy Baldwin, and our federal partners for seeing the potential and promise in Wisconsin’s biotech industry and working tirelessly to help us secure these critical investments to accelerate research, grow our workforce and economy, and continue building a multi-billion-dollar industry that supports tens of thousands of jobs across our state.”
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