Basic Search  |  Geographic Searches  |  Advanced Search | Megadeals

Subsidy Tracker Individual Entry

Company: Burnham Institute for Medical Research
Parent Company: Sanford-Burnham Medical Research Institute
Subsidy Source: multiple
Location: Florida
City: Orlando
County: Orange
Project Description: medical research facility
Year: 2006
Major Industry of Parent: healthcare services
Specific Industry of Parent: biomedical research
Subsidy Value: $233,600,000
Program Name: multiple
Awarding Agency: multiple
Type of Subsidy: 
Number of Jobs or Training Slots: 303
Wage Data: $61054
Wage Data Type: average annual salary
Source of Data: The value of the state subsidy and the job and wage requirements are taken from: The Florida Senate Interim Report 2009-107, "Review of OTTED's Oversight of the Innovation Incentive Grant Program," October 2008; available online at: (click here). The value of the local subsidy package is taken from the Orange County Government, Agenda_03-06-07_158, p. 156-160; available online at: (click here)
Notes: The total value includes state and local subsides, but excludes private donations organized by the local governments. The state portion of the package includes $155.3 million from the Innovation Incentive Program. The county contributed $40.7 million and the city $32.7 million. The company received about $81 million from private donations but the county and the city agreed to contribute up to $5 million if there was a shortage in those donations. Overlaps with main Subsidy Tracker data: $155.3 million Innovation Incentive entry for 2006.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.