Draper Lab gets $30M from Florida

Fueled with $30 million from Florida's innovation incentive program, an MIT spin-off--Draper Laboratory--is ramping up plans to recruit about 165 R&D staffers at the University of South Florida in Tampa and St. Petersburg. Recruits, most with a master's or PhD, will be put to work developing bioMEMS, tiny machines the width of a human hair that can be dispatched in the body to scout for chemical changes or act as drug delivery vessels. Report