$1.3M grant to support local biotech companies
A federal grant is being used to create laboratory space to support growing biotech companies in the New Orleans region.
The $1.3 million grant awarded to the New Orleans Business Alliance from the U.S. Department of Commerce will be matched with $370,000 in local funds to develop wet lab space and clean room at The Beach at UNO, formerly known as the University of New Orleans Research and Technology Park.