Rep. Ruben Gallego Congratulates BioAccel on New Grant Award
Washington, D.C. – The Economic Development Administration announced today that it has awarded BioAccel, a Phoenix based non-profit aimed at improving Arizona’s health by providing bioscience entrepreneurial training and mentorship, with a $250,000 grant for its new economic development project. BioAccel plans to launch three seed funds in the biomedical and health IT sectors in order to help grow Arizona’s healthcare and biomedical sectors.
Rep. Ruben Gallego released the following statement:
“Phoenix’s healthcare and biomedical sectors are rapidly growing, and BioAccel’s new project will help create even more growth in these industries and further strengthen our local economy.
“I want to congratulate BioAccel on receiving this significant award. All Arizonans should have access to quality, affordable healthcare services and BioAccel’s work is helping us to achieve that goal.”