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Nearly 300 Vie for Life Sciences Money

DETROIT-The Michigan Economic Development Corp. has $45 million available for new medicine research and commercial development projects. The American Association for the Advancement of Science is evaluating 297 applications.

By Robert Carr | Updated on January 02, 2002

DETROIT-The Michigan Economic Development Corp. has received 297 responses to its 2002 Michigan Life Sciences Corridor Fund request for proposals. The pre-proposals received, including a few commercial development project plans, will now be reviewed by a scientific organization in the next step toward determining which projects will share this year’s approximately $45 million in funding.

“As we expected, the quality of this year’s proposals is remarkable,” says Doug Rothwell, president and CEO of MEDC. “Although it will be difficult to determine the best of these proposals, the projects chosen for funding will certainly produce promising new research and commercialization opportunities.”

The state of Michigan has committed $1 billion over 20 years from its tobacco settlement money to energize the life sciences industry here, particularly in what is known as the life sciences corridor. The corridor extends roughly from Detroit to Grand Rapids and the surrounding areas, including the cities of Ann Arbor, East Lansing and Kalamazoo. Three major public research universities and the Van Andel Research Institute of Grand Rapids, MI are specifically included in the corridor.

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