Through advocacy work in Harrisburg and Washington, D.C., and throughout the Commonwealth, Life Sciences PA conducts programs, provides leadership and advocates for life science companies across Pennsylvania that are critical to improving patient care, improving health globally, and to the economic growth of our Commonwealth.
Life Sciences PA identifies opportunities to bring together the various stakeholders in our community to work cooperatively with industry to develop a shared vision, a set of goals, and recommendations for strategies that will support and enhance the total “ecosystem” of the life sciences in Pennsylvania.
This infusion of funding into the SSBCI allocates $246.8 million to local economic development partners to make direct equity investments and loans to small businesses. We are especially pleased almost $123 million of this funding will be directed to our partners at the Life Sciences Greenhouses and the Ben Franklin Technology Partners. This represents a significant investment available to innovative early stage and start-up companies – companies that comprise a large portion of Pennsylvania’s life sciences community.