El Paso City Council voted Feb. 7 to set in motion a historic allocation of 75 percent of the city’s Impact Fund to the Medical Center of the Americas Foundation. It means approximately $3.2 million will be paid each year to the MCA Foundation for the next 18 years, potentially totaling more than $60 million. The decision promotes growth of the region’s long-envisioned medical hub, known as the Medical Center of the Americas (MCA). Growth will include not only developing the physical campus; but also, creating a robust biotech industry that sharpens the region’s research, development and commercialization prowess and focuses on the region’s niche health needs and demographics. The MCA Foundation is a nonprofit organization and keeper of the MCA vision.  Its plans for the Impact Funds will go toward infrastructure projects as well as programs that advance the region’s life sciences agenda.

Infrastructure                 Programs                   Release