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.
Friday, March 30, 2007
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