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Ritter signs Riesberg’s bioscience grant bill

April 24, 2008

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A bill expanding bioscience research carried by Rep. Jim Riesberg, D-Greeley, was signed into law today and will provide more than $26 million over five years for additional research.

HB 1001 establishes the Colorado Bioscience Research Grant Program, which will give applying institutions and companies up to $250,000 each for research in bioscience.

Colorado has more than 400 bioscience companies responsible for the direct and indirect creation of 16,000 jobs with an average salary of $70,000 per year, according to a House Majority press release.


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