Governor Laura Kelly celebrates Kansas University BTBC expansion, 250 new jobsChristian Fernsby ▼ | October 16, 2020
Governor Laura Kelly applauded the announcement of the Phase III expansion of the Bioscience and Technology Business Center (BTBC) in the University of Kansas, and introduction of the new KU Innovation Park.
Kansas Laura Kelly
Topics: Kansas University
“The University of Kansas Bioscience and Technology Business Center expansion will assist my administration’s efforts to create good jobs, keep Kansas graduates in our communities, and foster the local infrastructure of talent, resources, and business support that promotes sustainable economic resiliency in our state,” Governor Laura Kelly said. “I offer my congratulations to BTBC, and I look forward to seeing the full potential of this impressive initiative that will support our state’s growth for decades to come.”
Before the expansion, BTBC established itself as a key sector for bioscience startups in Kansas. Currently, the center houses 50 high tech and bioscience companies, and has created more than 400 high wage jobs resulting in more than $22 million in annual payroll.
The new development comes as the result of continued efforts by the founders of the BTBC, the KU Endowment Association, the U.S. Economic Development Administration and the Kansas Department of Commerce.
According to BTBC, the Phase III expansion will further BTBC’s mission: Creating high wage jobs by building Kansas’ high tech and bioscience industry clusters around the strengths of the University, leveraging one of Kansas’ most important economic resources for sustainable long term growth and economic resiliency.
Phase III is the first step in KU’s new Innovation Park, which is slated to be a unique blend of start ups, private industry, government agencies, and research facilities for KU. The park is projected to bring an additional 2,500 high paying bioscience jobs to Lawrence. ■