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Research Funding
Continued funding to support Missouri's Life Science Industry positions the state as a national leader in Life Sciences:
Lewis & Clark Discovery Initiative (LCDI)
This initiative was signed into law in 2007 to provide Missouri's colleges and universities with $335 million in total funding for facility and infrastructure improvements. LCDI is a statewide plan to enhance the Missouri higher education system's position as a national leader in scientific research and education. New research labs, teaching facilities, business incubators, and a plant science research center will be constructed. Funds provided by the initiative will be augmented by more than $230 million in federal and local matching money, resulting in a total investment of approximately $550 million, one of the nation's largest and most comprehensive higher education building programs. In addition to these funds targeted toward research and education, $15 million was earmarked to the Missouri Technology Corporation (MTC) for various programs designed to improve commercialization of Missouri technologies. MTC will utilize these funds to work with the state's research institutions, industry, technology commercialization service providers, and capital investors to maximize the opportunities created by Missouri research. Selected programs created by LCDI are the
- High-Tech Small Business Incentive Program (allocated $1.25M)
- Missouri Venture Partners (allocated $3M)
Missouri Life Science Trust Fund
In 2007, Missouri's General Assembly approved the $13.4 million funding of the Missouri Life Sciences Research Trust Fund to enhance research capacity and transform research into commercial life science technology. In conjunction with Missouri's universities and industry, $10.5 million was awarded for research grants and $2.6 million for commercialization grants. In 2008, the Missouri General Assembly passed and is currently awaiting Governor Matt Bunt's signature, House Bill 2007, which appropriated monies totaling $13,455,465 to the Missouri Life Sciences Trust Fund. Pursuant to language passed by the General Assembly in HB 2007, the scope of research will focus on agriculture research, animal science, plant science, medical devices, biomaterials and composite research, nanotechnology related to drug development and delivery, diagnostics, clinical imaging, and information technology related to human health. |
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Explore Missouri’s life sciences clusters through our interactive mapping tool. See their demographic and economic base and view the clusters by sector, by location, or organization by organization.
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