For nearly 30 years, North Carolina has made it a top priority to nurture and grow its biotechnology industry into one of the world's strongest biotech clusters. Companies, professionals and students from all over the world come to our state to take advantage of our talented workforce, competitive salaries, top universities and our rich quality of life.
North Carolina's $64.6 billion biotech industry boasts a total of 226,823 jobs at more than 500 companies, many of which have a global headquarters. Many companies from abroad have already discovered the benefits of doing business in our state.
A Competitive Market
While competing states are just starting out, North Carolina has invested more than $1.2 billion to the biosciences in just the past 10 years.
During the last decade North Carolina has committed: (through 2008)
- $857 million into research and facilities
- $135 million toward workforce training
- $115 million via the North Carolina Biotechnology Center
- $102 million to infrastructure in direct company incentives