Monday, January 25, 2010
Wisconsin biotechnology companies with an interest in attending the BIO International Convention at Chicago’s McCormick Place may apply for grants and scholarships from two state-based sources. Up to 20,000 people from 40 states and 50 countries are expected to attend the May 3-6 convention, which was last held in Chicago in 2006.
Companies may apply to either the Small Business Scholarship Program for BIO 2010, the Trade Show Grant Program of the state Department of Commerce or both.
The Small Business Scholarship Program for BIO 2010 is designed to help small biotech companies in medical, agriculture, energy or other sectors, including medical devices, to participate in the convention’s One-on-One Partnering or company presentation forums.
The Trade Show Grant Program of the state Department of Commerce is designed to help companies seek international markets. Under the program, Wisconsin companies with annual sales of less than $25 million can be reimbursed up to $5,000 for specific expenses.