Billion Dollars for Biotech
You might be eligible for $5 million in grants or tax credits from the $1 billion in incentives from the federal healthcare reform bill. The minimum requirements are a company with less than 250 employees that shows it has “significant potential” to produce new therapies, address untreated medical conditions, cut health care costs and create high-paying jobs.
The IRS will have an application form on its website by June 21 and you can apply between June 21 and July 21. Awards will be announced Oct 29. Checkout the article in the Silicon Valley Mercury News.