Centers of Innovation
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North Carolina is richly endowed with campuses and corporations that are lauded for their innovations.
But the state has recognized that to grow nascent industry sectors of the NC economy, it must make innovation and commercialization a strategic priority. The Biotechnology Center has launched the Centers of Innovation (COIs) grant program to do exactly that.
The individual COI initiatives focus on accelerating the growth of targeted industry sectors by assisting their academic and industry partners to overcome their commercialization obstacles. It is only through successful commercialization that ideas and innovations move to marketable products.
Growth of these nascent industry sectors will lead to the creation of jobs and sustainable economic development statewide. The North Carolina Biotechnology Center established the COI program with funding support from the General Assembly.
There are three Centers in Phase II, Implementation stage and one Center in Phase I, Planning stage currently funded by NCBiotech.
Phase II, Implementation:
- Advanced Medical Technology Center of Innovation (ibiliti) Links academic and industry leaders across the state who are merging medicine, biotech, engineering, nanotech, information technology and materials science into advanced medical products.
- Marine Biotechnology Center of Innovation (MBCOI) Explores opportunities for companies to commercialize new food, fuel and health products off the state’s rich Atlantic coast.
- Center of Innovation for Nanobiotechnology (COIN) Leverages and connects public and private sector research communities, entrepreneurs, product developers, business managers, investors and other funding sources involved in nanobiotechnology in North Carolina and beyond.
Phase I, Planning:
- Personalized Medicine Center of Innovation (PMCOI) By organizing and leveraging the state’s capabilities, resources and investments in personalized medicine and providing an organizational framework under which the stakeholders can come together, the NC Personalized Medicine Network (NC PMN) will be creating a plan to establish North Carolina as a national leader in the discovery, translation and clinical implementation of personalized medicine.
Staff at the Biotechnology Center works with university researchers, technology transfer officers, industrial partners, nonprofit stakeholders as well as regional and statewide policymakers to shepherd the COIs into existence.