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Subsidy Tracker Individual Entry

Company: HudsonAlpha Institute for Biotechnology
Parent Company: HudsonAlpha Institute for Biotechnology
Subsidy Source: state
Location: Alabama
City: Huntsville
Address: 601 Genome Way
Zip: 35806
Project Description: non-profit biotech research center
Year: 2005
Major Industry of Parent: healthcare services
Specific Industry of Parent: biomedical research
Subsidy Value: $50,000,000
Subsidy Value in 2023 Dollars: $78,439,246
Program Name: legislative action
Awarding Agency: Alabama legislature
Type of Subsidy: 
MEGADEAL (Archived)

Source of Data: Brian Lawson, "Riley sees state as biotech world leader," Huntsville Times, August 10, 2005.
Notes: In 2005 the state legislature approved $50 million in financial support for the institute starting in 2008, when the facility opened. Overlaps with main Subsidy Tracker data: none.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.