Gov. Bentley wants Alabama biotech industry to grow, favors incentives
News Outlet:The Huntsville Times
Date published:June 1, 2012
BIRMINGHAM, Alabama -- Gov. Robert Bentley told biotechnology companies and researchers on Wednesday that he wants to see Alabama's biotech industry continue to expand and favors incentives to help fuel that growth.
Bentley, speaking at BioAlabama's 2012 annual meeting at the newEvonik Degussa Corp.'s new offices in Homewood, talked about "renewal," which to him means turning an idea into a product, a product into a company and a company into jobs for Alabamians. Biotechnology is that type of industry, Bentley said.
The governor said he'd like to see increased funding for innovation. Legislators allotted millions in the state's education budget for an innovation fund, he said.
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