UK invests in "Bioeconomy" as way to create jobs

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LEXINGTON, Ky. (WKYT) - The University of Kentucky is the recipient of a multi-million dollar effort to invest in what's called the bioeconomy.

Leaders in government and from the University of Kentucky came together Wednesday to emphasize the importance of a project like this that invests not just in universities and colleges, but also the economy at large.

U.S. Senator Mitch McConnell, Representative Andy Barr and other state leaders were among those in attendance on campus.

The project's major goals are to improve the economy through creating jobs in rural areas and investing in Kentuckians.

Sustainability is a major component of the grant, along with targeted investments at 10 Kentucky research and higher education institutions.

"People are committed with a deep passion for our students and looking forward to a new economy," said Dr. Eli Capilouto, President of the University of Kentucky.

Another goal of the project is to expand diversity among women and students from Eastern Kentucky.

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