Topic: Department of Commerce

Austin Technology Incubator Receives Federal Grant to Study Feasibility of Laboratory for Life Sciences Firms

June 30, 2010

The Austin Technology Incubator (ATI), a not-for-profit arm of The University of Texas at Austin, has received a $140,000 grant from the U.S. Department of Commerce's Economic Development Administration (EDA) to determine the feasibility of developing wet-lab space for life-sciences companies.

A wet lab is where scientists test and analyze chemicals and biological materials and it requires a special facility with running water, ventilation and specialized utility access.

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