State budget cuts target Life Sciences Corridor
MSU researchers searching for grant money will face tougher competition for money after Gov. Jennifer Granholm slashed $12.5 million from Michigan's Life Sciences Corridor last week. The money - which lowers the year's total available grant money to $32.5 million - will be used to help offset the state's $158 general fund deficit. "It's too early to tell what specific effect it will have except to say we have less money to work with," said Paul Krepps, a spokesman for the Michigan Economic Development Corporation, which administers the life sciences initiative. Grants won't be awarded until May and the program is meanwhile reviewing proposals from 69 applicants - 10 of whom are affiliated with the university. For more on this story please see Tuesday's edition of The State News.