Wet lab, clean room get $1.3M in federal funding at The Beach at UNO
A $1.3 million federal grant has been awarded to the New Orleans Business Alliance to support the development of wet lab space and a clean room in the Information Technology Center at The Beach at UNO.
The U.S. Commerce Department’s Economic Development Administration grant will be matched with $370,000 in local funds and is expected to create 39 jobs, retain 19 jobs and generate $5.1 million in private investment, officials said.
“This EDA investment in the New Orleans Business Alliance will create laboratory space to support growing biotech companies in the region, attracting new businesses and creating a diverse, resilient regional economy,” said U.S. Secretary of Commerce Gina M. Raimondo.
