Gov. Bill Haslam is the latest governor to unveil a broad-based proposal to grow the state's economy and create jobs through investments in S&T by asking lawmakers to dedicate $10 million for a research consortium that would recruit senior scientists to advance scientific discoveries into commercial applications and spur high-growth companies. Similar TBED efforts focused on investing in university research, tech commercialization, and increasing access to capital were announced earlier this year in Kansas, Maryland, Nebraska and Virginia (see the Jan. 5, Jan. 19 and Jan. 26 issues of the Digest). The governor's budget also provides funding to continue the state's investment in biofuels and aerospace engineering and recommends new funding to recruit businesses.
Funding for the Memphis Research Consortium would come from a one-time appropriation in the Education budget for the State University and Community College System. The consortium would facilitate collaboration in research, education, institutional strategy, and other medical field activities. Partners include the University of Memphis, University of Tennessee Health Science Center, St. Jude Children's Research Hospital, and several private health care entities, reports The Commercial Appeal. Scientists working in the fields of genomics, population health and regenerative medicine would be targeted for recruitment.
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