Arizona's most recent bid for boosting biotech within its borders is a $100 million pledge to fund bioscience research in the state. The pledge comes from businessperson and philanthropist Jerry Bisgrove, who made the pledge - via his Stardust Charitable Group - to Science Foundation Arizona (SFA), a nonprofit organization founded earlier this year to coordinate bioscience research in the state. But there's a catch: The pledge is good only if the state matches it.
A measure to commit $150 million to SFA (which would include funds to match a $50 million grant from the Virginia C. Piper Center) was passed by the State House and a Senate Appropriations Committee, and should next be heard by the full Senate, though it has yet to be scheduled for review. The SFA, created to coordinate all state funding of biomedical research through one mechanism, takes its organizational cue from Science Foundation Ireland ...
