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Oklahoma Biotech Innovation Cluster awarded $35 million in Build Back Better Regional Challenge

September 2, 2022

Oklahoma Biotech Innovation Cluster awarded $35 million in Build Back Better Regional Challenge

Top image: Photo from the virtual White House press conference on Sept. 2, 2022 announcing the 21 national recipients; Bottom image: Oklahoma Biotech Innovation Cluster representatives Madison Jackson, Oklahoma City Economic Development Foundation (OCEDF); Jeff Seymour, OCEDF; Katy Boren, Oklahoma City Innovation District; Sandino Thompson, Work Ready Oklahoma; Joyce Burch, University of Oklahoma
Top image: Photo from the virtual White House press conference on Sept. 2, 2022 announcing the 21 national recipients; Bottom image: Oklahoma Biotech Innovation Cluster representatives Madison Jackson, Oklahoma City Economic Development Foundation (OCEDF); Jeff Seymour, OCEDF; Katy Boren, Oklahoma City Innovation District; Sandino Thompson, Work Ready Oklahoma; Joyce Burch, University of Oklahoma


The Oklahoma Biotech Innovation Cluster Initiative, a coalition spearheaded by the Greater Oklahoma City Chamber alongside primary coalition partners including OU and OU Health, and with industry leadership and vision from Echo Investment Capital, has been awarded $35 million through the Build Back Better Regional Challenge of the U.S. Economic Development Administration. Four of the six components of the initiative, totaling $24.9 million, will fund:

  • The University of Oklahoma Biotech Core Facility: a new facility with state-of-the-art high-throughput, advanced bioprocessing equipment and services.
  • Oklahoma Biotech Startup Program: supportive programming to build a vibrant regional biotech startup pipeline led by the University of Oklahoma.
  • OU Health Stephenson Cancer Center for Therapeutics - Translational Research Labs: development of 10 translational research labs dedicated to drug discovery within the SCC.
  • OU Health Stephenson Cancer Center Early Phase Clinical Trial Network: an initiative to double the size of the existing clinical trial program at SCC, commensurate with the demand for Phase I trials created through accompanying translational science investments and industry growth.

The OBIC coalition is supported by more than 40 partners across academia, tribal nations, government, industry, community, investors, and other key stakeholders involved in the continued development of the burgeoning biotechnology cluster in Oklahoma. These partnerships support initiatives across a unique urban-rural region to foster inclusive access to high-wage career pathways, increase R&D programs and partnerships, and expand critical scientific infrastructure that make our region more conducive to commercialization of high-value innovations. 

 

Read more via the Greater OKC Chamber.