Evers, WEDC request JFC release $7.5M for state Tech Hub establishment

BioForward-logoGov. Tony Evers, together with the Wisconsin Economic Development Corp. (WEDC), submitted a request to the Republican-controlled Joint Finance Committee (JFC) requesting the release of $7.5 million to BioForward Inc. to establish the state’s U.S. Regional Tech Hub, as provided by 2023 Wisconsin Act 96, according to a recent press release.

This comes as last week, Gov. Evers and U.S. Sen. Tammy Baldwin announced that Wisconsin has officially been selected as a U.S. Regional Tech Hub by the U.S. Economic Development Administration. The designation unlocks $49 million in federal funding that will advance research and innovation in Wisconsin, grow the state’s economy, and boost American competitiveness in a cutting-edge industry.

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