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Published on May 15, 2024
San Antonio's Texas Biomedical Research Institute to Expand with $2.5M Federal Grant Amidst Statewide Growth and Workforce DevelopmentSource: Google Street View

The Texas Biomedical Research Institute is gearing up for a significant expansion, thanks to a hefty $2.5 million federal grant announced yesterday, which is earmarked for the construction of a multi-species veterinary care facility. According to the San Antonio Report, the San Antonio-based nonprofit is part of a broader, $6.3 million initiative to give Texas' business growth and workforce development a boost, particularly in areas hit by natural calamities over the past two years.

The grant, which comes from the Disaster Relief Supplemental Appropriations Act of 2023, is not just looking to rebuild, but to revitalize. With Angelo State University receiving a separate $2 million for a commercial aviation training facility, and the city of Hidalgo getting $1.8 million for infrastructure improvements, the funds are a lifeline in the wake of hurricanes, wildfires, and flooding – disasters that have battered the region recently. Texas Biomed's slice of the pie is made possible by the Alamo Area Council of Governments (AACOG), which is tasked with regional economic strengthening efforts. The project is also buoyed by an additional $625,000 in local funds, and is expected to not only create roughly 445 jobs but attract $700 million in private investment, says the EDA.

US Secretary of Commerce, Gina Raimondo highlighted the importance of a resilient workforce in the face of adversity. "Building a strong," and resilient workforce is a crucial component of President Biden's Investing In America agenda, and this investment in Texas will do just that," she told the San Antonio Report. Conversely, Gov. Greg Abbott and U.S. Sen. John Cornyn (R-Texas) have praised the grants as pivotal to creating opportunities and advancing infrastructure critical for the continued economic development of the state.

Texas Biomed President and CEO Larry Schlesinger expressed gratitude for the federal investment, noting the impact it will have on the STEM workforce and the biomedical economy in the region. "We are appreciative of , this EDA investment, which not only supports our growth but also will strengthen the overall STEM workforce," Schlesinger stated