The Kansas Bioscience Authority
The Kansas Bioscience Authority (KBA) is that state's largest-ever commitment to expanding Kansas' research capabilities and promoting innovation and company formation that will create high-paying jobs for generations to come. The KBA receives funding through the Bioscience Development and Investment Fund, with revenue derived from the corporate and withholding ta of bioscience companies based in Kansas. The $581 million initiative is designed to build world-class research capacity, forster the formation and growth of bioscience startups, support expansion of the state's bioscience clusters, and facilitate industrial expansion and attraction.
Tha Kansas Research and Development Voucher Program provides funding to Kansas bioscience companies, in partnership with a Kansas research university, company or institution, for proof-of-concept research and development activities and ancillary activities necessary to commercialize bioscience technologies. This program is designed to provide early-state financing and commercialization support for high-potential but high-risk innovations..
Th maximum amount of voucher funds awarder to a lead company shall not exceed $1 million each year for two years, equal to a maximum of $2 million, and shall not exceed 50% of the cost of research. Companies are encouraged to partner with Kansas universities or colleges or with any company or institution with substantial business operations in Kansas.