This week’s episode of “WisBusiness: the Podcast” is with Lisa Johnson, CEO of BioForward Wisconsin.
She shares an update on the Wisconsin Biohealth Tech Hub effort, which is getting $49 million in federal funding this fall after being selected as one of 12 final tech hubs. The U.S. Economic Development Administration has told project leaders the funding will likely come in September or October, Johnson said.
BioForward Wisconsin was the lead consortium member, but Johnson touts the work of other partners that will be leading funded projects including UW-Madison’s School of Medicine and Public Health, GE HealthCare, the Medical College of Wisconsin and Madison College.
The tech hub effort is expected to have a $9 billion economic impact within the decade, creating about 30,000 direct jobs and 110,000 indirect jobs. But Johnson notes it’s about a lot more than just job creation.
