Gov. Perry Announces $7.5 Million TEF Grant to Scott & White
TEMPLE - Gov. Rick Perry today announced the award of a $7.5 million grant through the Texas Enterprise Fund (TEF) to Scott & White Memorial Hospital and Scott, Sherwood & Brindley Foundation to increase critical research initiatives in Bell County. Scott & White, Bell County's largest private employer, will generate nearly 1,500 jobs during the next decade by expanding its Cancer Research Institute and other healthcare programs. New positions will include additional cancer research scientists, as well as nurses, coordinators and other staff.
"The Texas Enterprise Fund will allow Scott & White to attract the highly-skilled workforce it needs to become a more recognized center for cancer research and state-of-the-art healthcare," Perry said. "Scott & White will create new jobs for researchers, scientists and health professionals, and further position Texas as a leader in medical research and economic enterprise."
In early 2005, Scott & White was able to recruit renowned cancer researcher Dr. Arthur Frankel from the Wake Forest University School of Medicine. Since then, Scott & White's recognition for research has elevated to international status, with working relationships in both Canada and Europe. Under Dr. Frankel's leadership, the Cancer Research Institute has attracted researchers and scientists representing four of the world's continents.
"Scott & White competes against top-tier institutions to recruit leading scientists in the research field. Specifically, the unique nature of Dr. Frankel's work makes him a recruitment target for institutions around the country," said Scott & White President and CEO Dr. Alfred Knight. "Thanks to the Texas Enterprise Fund grant, Dr. Frankel's position is secure for Texas and Scott & White will have the means to attract the biomedical professionals necessary to support our work. Thanks to this deal-closing fund, we can continue to expand the scope of our operations, and the advancement of medical innovation."
Along with outside recruitment, Scott & White is committed to supporting local education initiatives that will develop a more highly-skilled work force in Bell County. New initiatives and this year's expansion of the Texas A&M medical school on the Temple campus, will all benefit from an expanded research environment.
"This announcement is a watershed event for Temple and Bell County. It is the recognition of years of hard work by a great team of dedicated people taking the next steps in medical science," said Texas Rep. Dianne White Delisi. "This project acknowledges Temple as one of the models for health care innovation and scientific discovery."
The Temple Health and Bioscience District sponsored the TEF grant application, citing Scott & White's initial success with cancer research under the direction of Dr. Frankel, who advocates an accelerated development-to-approval timeline for new pharmaceuticals.
"The Texas Enterprise Fund has provided the critical step in Temple's effort to move forward in establishing itself as a biotech center," said Temple Health and Bioscience District Chairman Wendell Williams. "The district's efforts in conjunction with all our partners here in Temple have been validated by the Texas Enterprise Fund and the decision to invest $7.5 million into our efforts. We especially appreciate Representative Dianne Delisi's involvement and encouragement in helping us achieve this grant."
The legislature, at Gov. Perry's request, created the TEF in 2003 and re-appropriated funding in 2005 and 2007 to help ensure the growth of Texas businesses and create more jobs throughout the state. The fund has since become one of the state's most competitive tools to recruit and bolster business. To date, the TEF has closed the deal on projects generating more than 45,000 new jobs and $15 billion in capital investment in the state.