Governor Kelly includes U.S. Senator Jerry Moran, KU Prime Minister Douglas Girod, Mayor Lawrence Jennifer Ananda, BTBC Executive Chair E. Laburn Epp, U.S. Commerce Deputy Assistant Secretary for Legal and Intergovernmental Affairs, Anthony. Photo-Providing Office of Foti, US Department of Commerce Foreign Affairs and Communications Director Joel Fullshawn-Governor of Kansas Announcement Thursday Afternoon
Lawrence Governor Laura Kelly praised the announcement of the Phase III expansion of the University of Kansas Biosciences and Technology Business Center (BTBC) and the introduction of the new KU Innovation Park, according to a media release from the Governor’s Office.
The Phase III expansion will include a new 70,000 square foot facility. The facility has a fully functional wet lab, office, and collaboration space for tenant startups. The facility will house 250 new high-tech jobs.
The expansion of the University of Kansas Biosciences & Technology Business Center provides a local infrastructure for talent, resources, and business support that creates good jobs, keeps Kansas graduates in the community, and promotes the governor’s sustainable economic resilience. Laura Kelly said she would support my administrative efforts to nurture. Congratulations to BTBC and look forward to maximizing the potential of this impressive initiative to support state growth over the coming decades.
Prior to expansion, BTBC established itself as an important sector for Kansas bioscience startups. Today, the center has 50 high-tech and bioscience companies, creating more than 400 high-paying jobs and earning over $ 22 million annually. The new development is the result of continued efforts by the founders of BTBC, the KU Donation Association, the US Department of Economic Development, and the Kansas Department of Commerce.
The Commerce Department is working to harness the research and talent of the state’s higher education institutions to create new jobs and businesses in Kansas, said Commerce Secretary David Toland. BTBC is a powerful ally in building a diverse and robust Kansas economy, leveraging cutting-edge innovations in biological sciences and technology. Congratulations to everyone involved in this historic achievement of KU and our state.
With the support of BTBC, the Department of Commerce will work with local governments to identify opportunities for economic growth and better manage economic development resources that have the greatest impact on the region.
According to BTBC, the expansion of Phase III will further accelerate BTBC’s mission. Leveraging one of Kansas’s most important economic resources, build Kansas’ high-tech and bioscience industry clusters around the university’s strengths for sustainable long-term growth and economic resilience.
Phase III is the first step in KU’s new innovation park, where KU’s start-ups, private sector, government agencies and research facilities will be uniquely integrated. The park is projected to bring an additional 2,500 high-paying bioscience jobs to Lawrence. Details of this project will be announced at a later date.
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