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VA Gov Launches Initiative to Boost Bioscience Innovation and Entrepreneurship
Gov. Terry McAuliffe hopes to increase the commonwealth’s profile in the global life sciences industry through his recently launched Virginia Bioscience Initiative. The initiative will develop cross-agency linkages, as well as public-private partnerships, to support entrepreneurs, use big data to drive new discoveries and speed the commercialization of new technologies. Gov. McAuliffe released a number of other new initiatives in conjunction with his New Virginia Economy Strategic Plan, including a business plan competition that would focus on agriculture, bio-life sciences, cybersecurity, energy and social entrepreneurship, a community small business launch fund and tax incentives for energy companies and green job creators.