A looming $2 billion budget gap has put in jeopardy Innovation Incentive, Florida’s costliest economic-development subsidy, as lawmakers weigh how the state can best use its economic-development muscle as it seeks to grow its life-sciences cluster.
 
For the year that begins July 1, the state Senate is proposing to slash funding for the fund — created in 2006 to stimulate development of larger projects in the life sciences and other technologies — to $25 million from the $250 million that is currently budgeted.

Get the full story with
GenomeWeb Premium

Only $95 for the
first 90 days*

GenomeWeb Premium gives you:
✔ Full site access
✔ Interest-based email alerts
✔ Access to archives

Never miss another important industry story.

Try GenomeWeb Premium now.

Already a GenomeWeb Premium member? Login Now.
Or, See if your institution qualifies for premium access.

*Before your trial expires, we’ll put together a custom quote with your long-term premium options.

Not ready for premium?

Register for Free Content
You can still register for access to our free content.

In Science this week: International Wheat Genome Sequencing Consortium publishes the bread wheat cultivar Chinese Spring reference genome, and more.

At his FDA Law Blog, Jeffrey Gibbs discusses FDA's technical assistance for the draft Diagnostic Accuracy and Innovation Act.

The New York Times reports that genetic testing has uncovered unfaithful penguins at a Utah aquarium.

Cancer researcher loses funding under new Wellcome Trust anti-bullying policies, the Guardian reports.