EXPANSION BRINGS BREAKTHROUGH DISCOVERIES TO JUPITER

April 25, 2019 – JUPITER, FLA – The Business Development Board of Palm Beach County (BDB) is pleased to announce the expansion of Cytonics, a biotechnology research and development company with game-changing therapies in the osteoarthritis (OA) industry. The company will expand in Jupiter, yielding a $2.5 million capital investment into the local economy. Supported by hundreds of physicians nationwide, it is a leader in the field of regenerative medicine and is positioned to disrupt the industry with breakthrough discoveries in biologic therapies for joint pain.

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LOCAL COMPANY REVOLUTIONIZES FOOD SOURCE FOR AQUACULTURE

April 26, 2019 – JUPITER, FLA – The Business Development Board of Palm Beach County (BDB) assisted the expansion of Algafeed, an algal production company located in Jupiter. Algafeed grows high density, nutritional, natural microalgae to be used as live feed for shrimp, shellfish, and fin fish farms. With a capital investment of $6 million, the company plans on adding 40 new jobs to its existing workforce of 13 to meet the increased demand in production, laboratory and administrative needs.

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PHARMACEUTICAL LOGISTICS DISCUSSED AT LIFE SCIENCE PROGRAM FEATURING WDSrx PRESIDENT ADAM RUNSDORF

West Palm Beach, FL (April 18, 2019) – Healthcare is a topical discussion issue and the Business Development Board of Palm Beach County focused on the growing life sciences industry during their quarterly Economic Development luncheon that took place at the Kravis Center in West Palm Beach, Florida.

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Boynton Beach Offering $50K to New Business Incubators and Research Groups

Boynton Beach is offering $50,000 in grants to organizations and research groups that help new businesses.

The city’s Department of Economic Development and Strategy has launched an entrepreneurship and business incubation grant program, according to a news release. A total of $50,000 will be distributed to qualified working groups and business incubators located within the corporate limits of Boynton Beach.

According to the city, a working group is defined as a research group or informal think tank.

The available grants are as follows:

  • Two $20,000 grants will be awarded; one to an existing business incubator and one to an entrepreneur for the establishment of a new business incubator.
  • Three $2,500 grants will be provided; one to a working group on entrepreneurship for women, one to a working group on entrepreneurship for youth, and one to a working group on entrepreneurship for technology.
  • In addition, one $2,500 grant will be awarded to a working group on regional networks for entrepreneurship.

All grant recipients will be required to produce a final report on their findings. The city will utilize the reports to develop programs and initiatives to support entrepreneurship, with the end result of increasing the local business climate and building wealth in the community.

The application deadline is May 3. Grants recipients will be announced at the end of May. Applications and guidelines are available at Boynton-Beach.org/Grants.

Call 561-742-6014 or email [email protected].