Business Loans & Support

The future of the biotechnology industry will be determined by the efforts of both small entrepreneurial businesses and established global leaders. The North Carolina Biotechnology Center is committed to supporting companies which are just getting started and companies which began their biotechnology efforts long before the Center was established. 

Business Financing
Emerging biotech companies need financial assistance from organizations that share their vision. The Center’s Business and Technology Development program provides low-interest loans to promising early-stage biotech companies across the state.

Industrial Fellowship Program
With only one-third of North Carolina’s current 3,000+ postdoctoral fellows destined for a tenure-track academic research career, an increasing number of these scientists are considering careers in industry. Their lack of industry experience, however, is an obstacle. The Center’s Industrial Fellowship Program provides genuine industry experience to North Carolina PhD scientists and prepares them for permanent employment in the state’s life sciences industry.

Partnering
We help life sciences companies interested in acquiring strategic assets through in-licensing, partnering or co-developing products/technologies identify and meet with North Carolina companies that are developing the next frontier of biotechnology, pharmaceutical, diagnostic, ag biotech and industrial biotechnology products. We also host an annual business development event which attracts more than 40 companies from North Carolina to meet with prominent buy-side companies.  Partnering 2011 participants included AstraZeneca, Biogen Idec, GSK, Lilly Ventures, MedImmune Ventures, Merck, Novo Nordisk, Pfizer, Targacept, and United Therapeutics. To discuss your in/out-licensing needs, learn about our partnering event, or plan a visit tailored to your schedule and interests, contact Pamela Fincher at pamela_fincher@ncbiotech.org.

Venture Capital and Angel Investor Groups
Venture and angel capital can be a crucial element to the growth of a biotechnology company. Please click on the link above for a list of North Carolina-based investment groups that actively invest in emerging life science companies.

BATON Program
Not all of a start-up company's needs are financial. The BATON Program draws from North Carolina’s rich biotech industry to build a system that supports new life sciences companies.  BATON is a network of prequalified professionals, who provide general and specialized business services commonly needed by young biotech companies.  Participating service providers agree to discount their services to BATON companies.  Additionally, BATON maintains a database of individuals who are potential CEOs for these companies.

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