May 27, 2025 - Pittsburgh, PA

ADVISORY - Governor Shapiro Visits the Space Institute at the University of Pittsburgh to Highlight Proposed Investments to Speed Up Pennsylvania's Innovation Economy and Connect Researchers with the Private Sector

Governor Josh Shapiro and Department of Community and Economic Development (DCED) Secretary Rick Siger joined local leaders at the Space Institute at the University of Pittsburgh (Pitt) to highlight the Shapiro Administration's commitment to fostering Pennsylvania's innovation economy.

Building on that commitment, Governor Shapiro's 2025-2026 proposed budget creates a new, $50 million PA Innovation program, which includes a one-time $30 million initiative to spur life sciences job growth and $20 million to provide annual funding to support large-scale innovation. This proposal aims to establish a network among leading universities and research institutions to provide life sciences companies in Pennsylvania with a competitive edge in completing their clinical trials more quickly and at reduced costs. This funding will give Pennsylvania a competitive advantage - positioning our Commonwealth as a leader to companies who want to move quickly on getting their discoveries to market.

"In order to compete, we have to be investing in our future. Pitt Space is a great example of the kind of cutting-edge research and development happening right here in our Commonwealth and my Administration is laser-focused on supporting this kind of work," said Governor Shapiro. "From our world-class research institutions to our skilled workforce, Pennsylvania has the resources to be an innovation leader and we're doubling down on this commitment with a new, $50 million innovation fund that will support the breakthroughs of tomorrow that will power our economy."


Speakers include:
Kevin Washo, Senior Vice Chancellor for External Relations
Governor Josh Shapiro
Department of Community and Economic Development (DCED) Secretary Rick Siger
Megan Shaw, President and CEO of Pittsburgh Life Sciences
Dr. Rory Cooper, University of Pittsburgh Assistant Vice Chancellor for Research for STEM-Health Sciences Collaborations
Allegheny County Executive Sara Innamorato
Senator Jay Costa
Representative La'Tasha Mayes

• Full Advisory