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The Advanced Pharmaceutical Manufacturing Cluster Growth Project is a finalist in the $1 billion BuildBackBetter Regional Challenge from the EDA. A $500,000 award has been granted and as a finalist, the coalition will now compete for up to $100 million to grow the pharmaceutical cluster in Petersburg, Richmond and the region. Mayor Parham is a member of the Leadership Board and was instrumental in moving this project forward.
“This EDA grant is essential in the long-term planning and growth of the Pharmaceutical Cluster in Petersburg and Richmond regions. Work can now move forward in workforce training, developing the infrastructure and other tools needed that will ensure this critical industry is successful in Virginia.” Petersburg Mayor and Vice-Chair of the Crater Planning District Commission, Sam Parham.
Learn more about the work to scale advanced pharma manufacturing and R&D in Petersburg and Central Virginia: https://www.activation.capital/news/2021/12/13/advanced-pharmaceutical-cluster-growth-project-chosen-as-finalist-in-edas-build-back-better-regional-challenge