Biotechnology

The U.S. Small Business Administration (SBA) announced the 2024 Growth Accelerator Fund Competition (GAFC) Stage Two winners. Forty-four accelerator partnerships received between $50,000 and $150,000 each to advance their work supporting small businesses and startups in STEM and research and development across priority areas like national and economic security, domestic manufacturing and production, and sustainability and biotechnology.

The Department of Defense today announced 12 additional awards to bioindustrial firms via the Distributed Bioindustrial Manufacturing Program (DBIMP). This announcement brings the DBIMP to 25 awards to date totaling $42 million.

The Department of Defense recently announced seven additional awards to bioindustrial firms via the Distributed Bioindustrial Manufacturing Program (DBIMP). This announcement brings the DBIMP to 13 awards to date totaling $23 million.

The U.S. Department of Commerce and SK hynix have signed a non-binding preliminary memorandum of terms to provide up to $450 million in proposed federal incentives under the CHIPS and Science Act to establish a high-bandwidth memory (HBM) advanced packaging fabrication and R&D facility.

The Department of Defense announced the first award for the Distributed Bioindustrial Manufacturing Program to expand the domestic supply of ingredients and materials for U.S.-national supply chains and bolster the bioindustrial manufacturing base.

The U.S. National Science Foundation has awarded $35 million through the Established Program to Stimulate Competitive Research (EPSCoR) Research Incubators for STEM Excellence Research Infrastructure Improvement to boost research competitiveness, build partnerships across academic institutions and non-academic sectors and create workforce development opportunities.

The U.S. National Science Foundation is investing $9.75 million to advance novel solutions for complex societal and economic challenges inspired by biological systems. NSF's investment awards 15 multidisciplinary teams to Phase 1 of the NSF Convergence Accelerator's Track M: Bio-Inspired Design Innovations.

The Department of Defense announced new opportunities for American businesses to advance biotechnology as part of President Biden's efforts to strengthen and build the resiliency of America's defense industrial base and secure its supply chains. Biomanufacturing has the potential to support the U.S. military and our allies and partners by generating needed materials — from fuels and chemicals to food and medical supplies.