The Business and Technology Development Program assists North Carolina bioscience companies with various services including:
- Financial Support
- Business Planning
- Networking
- Venture Capital
- Marketing Strategies
- Strategic Partnerships
- Site Locations
- Technology Assessment
- Wet Lab Facilities Listing
Loans
The Business Program provides low-interest loans to early stage companies across the state through the Economic Development Investment Fund. All loan applications are accepted on a rolling basis upon consultation and approval by the Business and Technology Development Program staff.
Contact Pamela Gaster at 919-541-9366 with questions regarding the loan programs or to schedule a preliminary meeting.
To submit an application, you will need a scanner, Microsoft Excel and Adobe Reader. If you are either having difficulty downloading the applications or have questions about the process, please contact Ginny DeLuca at 919-549-8842.
In addition, North Carolina companies may be eligible for grant funding to support research partnerships with academic laboratories through the Biotechnology Center’s Collaborative Funding Grant Program, which is administered by the Biotechnology Center’s Science and Technology Development Program staff.
| Business Development (BDL) | Supports business-related activities critical to the commercialization of a company's technology. The award requires the company to provide matching funds. |
$25,000 |
| SBIR Bridge (RBL) | Provides funding to help a Phase I recipient company maintain technology development momentum during the gap between funding phases of the federal government's SBIR/STTR programs. | $75,000 |
| Small Business Research (SRL) | Assists companies by supporting applied research critical to the development of products, processes, services or tools with clear commercial potential. | $150,000 |
| Strategic Growth (SGL) | Program matches Biotechnology Center loans of up to $250,000 with "angel network" or venture capital investments to help bootstrap biotechnology companies in the state. |
$250,000 |
| Technology Evaluation and Acceleration Model | Supports business-related inception activities for spin-out companies in North Carolina. The loan is matched with in-kind contributions from service providers. |
$50,000 |