Grant Helps Firms Commercialize Research

Do you know a North Carolina university research lab with cutting-edge science that your company might be able to commercialize?

The North Carolina Biotechnology Center can help grease the skids -- especially for small bioscience researchers and companies across the state who can meet a Feb. 17 grant application deadline.

The Biotechnology Center's Collaborative Funding Grants provide as much as $50,000 a year for a two-year grant to pay for a postdoctoral researcher or technician in a university lab who can focus on commercializing academic research ideas. The university and the corporate collaborator also contribute money to the project.

The grants, jointly funded by the Biotechnology Center and the William R. Kenan Jr. Institute for Engineering, Technology & Science at North Carolina State University, are ultimately aimed at stimulating North Carolina's economy and, in the process, creating good jobs.

They're also aimed at promoting long-term cooperation among North Carolina universities, nonprofit research institutes and biotechnology companies.

There are two application deadlines per year for the grants. The Feb. 17 date is the final one for this funding year of the Biotechnology Center.

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