Florida State Incentive Fund To Lure Big Biotech Dries Up

Palm Beach Post -- The Innovation Incentive Fund, the state's deep well of cash for luring life-science institutes to Florida, is bone dry and won't be replenished, at least not this year. Economic-development officials say a state Senate proposal to stock the fund with a meager $25 million has been shot down, and they see little chance it will be returned by the time the state's budget comes to a vote Friday.