AB 916

This bill provides $7,500,000 in funding for a grant to BioForward, Inc., in its

capacity as the lead consortium member of a consortium formed for purposes of

Wisconsin's designation by the federal government as a regional technology and

innovation hub eligible for a federal regional technology and innovation hub grant.

Under the bill, grant moneys may be expended for the following projects, but only to

the extent consistent with the purposes of such federal grant and only if the federal

grant is actually awarded:

1. The establishment in Wisconsin of a clinical work flow and supply chain

support center for image-guided therapies and theranostics.

2. The construction of expanded shared lab space at Forward BIOLABS, Inc.,

the construction of new Forward BIOLABS, Inc., lab space, and the development of

lab-related programming and support for the expansion of Forward BIOLABS, Inc.

3. The development of a program that provides support for manufacturing and

supply chain companies in Wisconsin to develop apprenticeship programs and the

development of incentives for Wisconsin employers to engage apprentices in

high-demand industry sectors.

The bill requires that the Wisconsin Economic Development Corporation and

BioForward, Inc., submit a joint report to the Joint Committee on Finance, annually

for three years, that details all uses of the grant moneys.