Arizona Technology Roundup

66.67% of it anyway, which is a much higher percentage than I, personally, would be able to contribute.

A local philanthropist is pledging $100 million to Arizona's bioscience industry if the state Legislature agrees to contribute $150 million over the next four years.

Jerry Bisgrove, chairman of Stardust Charitable Group, has pledged to give $25 million in each of the four years to boost research, development and other areas in bioscience without spelling out how it should be spent. His main stipulation: that the Legislature earmark $50 million of taxpayer money for the same purpose this year and pass a current bill that would add $100 million over the next four years. The bill requires renewal each year.

Edit: Robert Robb, a columnist at the Arizona Republic, doesn't like it. He calls the offer of funding only if the legislature approves the $150 million package blackmail and the idea of using taxpayer money to invest in bioscience highly speculative.