©2016 Michigan Economic Development Corporation

Life Sciences Corridor Funding Process Narrows Field

Thursday, December 19, 2002

Jennifer Owens
(517) 335-4590

Organizations Behind 69 Pre-Proposals Invited to Submit Full Proposals

The Michigan Life Sciences Corridor Steering Committee announced today that applicants who submitted 69 pre-proposals requesting more than $106 million in funding from the 2002 Michigan Life Sciences Corridor Fund have been invited to submit full proposals.This list has been pared down from the initial 195 pre-proposals requesting more than $405 million in Corridor funds.

This year, the Life Sciences Steering Committee expects to award about $45 million in funds to support projects in basic research, applied research and commercialization.

“The Michigan Life Sciences Corridor initiative is having a significant impact on scientific research and our state’s economy,” said Doug Rothwell, chairman of the Michigan Life Sciences Steering Committee.“We expect that the recipients of this year’s funding will go on to bring innovative, life-enhancing products to market, growing new companies and new jobs for Michigan workers.”

More than 50 experts recruited by the American Association for the Advancement of Sciences (AAAS) reviewed the 195 pre-proposals.The AAAS publishes Science magazine and with 135,000 members is the world’s largest association of scientists and engineers.

The applicants receiving invitations to submit full proposals must respond by February 12, 2003.These full proposals will then undergo a rigorous screening process that includes three in-depth expert panel member reviews and in-person interviews organized by AAAS.Final awards are expected to be announced in May.

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 Michigan Life Sciences Corridor (MLSC).

The complete list of recommended pre-proposals can be viewed CLICK HERE.

The MEDC, which administers the Life Sciences Corridor initiative, is a partnership between the state and local communities.The MEDC promotes smart economic growth by developing strategies and providing services to create and retain good jobs and a high quality of life.

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