Friday, March 30, 2007

Biotech-Life Sciences Business Incubator at Rutgers Camden

The U.S. Economic Development Administration has awarded the Rutgers Camden Technology Center 1.5 million dollars to construct wet lab space for 18 laboratories in the new Biotech-Life Science Business Incubator. It is expected to create 255 jobs and generate more than $17 million in private investment. The RCTC currently serves 35 on-site client companies and 15 virtual client companies, representing 155 jobs with a combined payroll of $6 million.

More information is available here.

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