The U.S. Department of Commerce’s Economic Development Administration (EDA) recently designated iFAB as a Tech Hub under the Tech Hubs Program, established by the CHIPS and Science Act of 2022.
Synonym, the data-driven infrastructure development, and management platform for the bioeconomy announced itself as a member of the Consortium of the Illinois Fermentation and Agriculture Biomanufacturing Hub (iFab). Synonym joined as a participant to address the infrastructure gap and elevate Illinois as a global hub for fermentation manufacturing.
Read More Here: iFAB Tech Hub — Synonym
For more information about Synonym, please visit www.synonym.bio.
To learn more about the Illinois Fermentation and Agriculture Biomanufacturing Hub (iFAB), please visit https://ifabtechhub.research.illinois.edu/.
About Synonym
Synonym is accelerating our materials transition by building an entirely new asset class. Synonym believes that bioproducts will emerge as crucial parts of the global industrial supply chain and help catalyze a decarbonized future. Synonym allows the companies behind next-generation products to expand and scale seamlessly with the most efficient financing and development mechanisms in the market, while opening an entirely new industrial asset class to investors. Synonym launched the world’s only free directory of available fermentation capacity at Capacitor.bio and, this year, Scaler, another free tool allowing companies to better understand their bioproducts’ paths to market. Learn more about at www.synonym.bio or follow us on LinkedIn for the latest on the biomanufacturing revolution.