The Development Corporation of Abilene approved spending more than $100,000 to implement a business development program for the Abilene Life Sciences Accelerator on Pine Street. 

It's hoped that the accelerator program will be able to draw new, biotech companies to Abilene.

The $102,400 in funding for the program would include hiring a Dallas-based consulting firm for $36,000.  The firm does strategic planning and business plan creation for new companies and towns hoping to land those types of businesses.