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Healthcare company-building profile

North Carolina Biotechnology Center funding programs

North Carolina Biotechnology Center

AcceleratorGovernment or nonprofit acceleratorNonprofitActive

Source-based profile

Program at a Glance

Program type
Accelerator
Program category
Government or nonprofit accelerator
Organization
North Carolina Biotechnology Center
Organization type
Nonprofit
Location
Research Triangle Park, North Carolina
Company stage served
Research or idea stage to Early stage
Cohort or participation model
Periodic grant and loan award cycles rather than cohorts
Investment or funding offered
Yes
Published investment terms
Company loans and research grants rather than equity; specific terms vary by program
Equity or fee model
Equity
Clinical or hospital connection
Not publicly documented
Application status
Active
Founded
1984

Public description

About the program

The North Carolina Biotechnology Center is a state-funded nonprofit that develops North Carolina's life sciences economy through company loans, research grants, and support for a statewide network of bioscience incubators. It maintains the state's directory of life science incubation facilities and funds early-stage biotech companies. NCBiotech is a sector development agency rather than a cohort accelerator.

What the program publicly emphasizes

Focus areas and features

BiotechTherapeuticsAgricultural biotechDiagnosticsMedical devicesLife sciencesCompany loansIncubator networkResearch grants
  • Category: Government or nonprofit accelerator
  • Program structure: Periodic grant and loan award cycles rather than cohorts
  • Published terms: Company loans and research grants rather than equity; specific terms vary by program

Sources

External source links open in a new tab.

  1. ncbiotech.org
  2. ncbiotech.org
  3. commerce.nc.gov
  4. ncbiotech.org