Shapiro Admin Promotes Innovate in PA 2.0 at Madrigal HQ Opening

Shapiro Administration Emphasizes New Innovate in PA 2.0 Program Amidst Pharmaceutical Headquarters Launch

The launch of Madrigal Pharmaceuticals' new headquarters in Montgomery County was marked by an important announcement from the Shapiro Administration. Governor Josh Shapiro, highlighting the significance of the event, focused on the state's commitment to boosting innovation through the newly established Innovate in PA 2.0 program.

With $125 million secured in the 2026-27 budget, the Innovate in PA 2.0 initiative aims to bolster Pennsylvania's innovation economy. Governor Shapiro stressed the program's potential to drive economic growth by supporting promising ideas and fostering a conducive environment for technological advancements.

During the headquarters opening, the governor underscored the program's role in creating new opportunities for businesses and entrepreneurs throughout the state. The Innovate in PA 2.0 program is designed to propel Pennsylvania into a leading position in the innovation sector by nurturing the next wave of technological developments.

"Our commitment to fostering innovation in Pennsylvania is stronger than ever," Governor Shapiro stated. The program is expected to attract significant interest from various sectors looking to benefit from state-backed support and investment.

For more information, visit the PA Department of Community & Economic Development.