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EDA authorizes $100,000 Year‑2 grant match for Siebel Biohub accelerator
Summary
The Albemarle County Economic Development Authority voted unanimously to authorize a $100,000 Year 2 payment as part of a three-year, $300,000 commitment to the Siebel Biohub accelerator (a Go Virginia partnership). Staff said the accelerator now has eight companies and has secured $15 million in follow‑on funding for a permanent phase.
The Albemarle County Economic Development Authority voted unanimously to authorize a $100,000 grant-match payment for Year 2 of a three-year commitment to the Siebel Biohub accelerator, a Go Virginia-funded biotech accelerator headquartered at North Fork Discovery Park.
Staff described the project as a three-year pilot to provide shared wet-lab space, specialized equipment and investor connections for biotech startups in the region. "There have been 8…
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