OLATHE — The Kansas Bioscience Authority will consider up to $29.7 million in new investments in the upcoming fiscal year, according to a plan approved by its executive committee on Wednesday.
The plan includes about $20 million for commercialization projects and $9.7 million for research and development.
David Vranicar, the authority’s interim president and CEO, said that the total available amount for investments fell slightly from last year’s total, when about $36 million was spent on investments.
That’s partially because of caps on state funding for the authority and partially because of the authority’s judgments on the appropriate amount of funding
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Author: Andy Hyland