North Carolina is a place where agricultural tradition and 21st century science meet to create unmatched research and business opportunities.
Here, virtually any ag tech company, researcher, investor or holder of intellectual property will find unique opportunities for transforming ideas into products.
This is evident in our 195+ ag tech companies and hundreds of world-class ag tech scientists, including global thought leaders working in our colleges and universities.
Biotechnology in Agriculture
Year after year, agriculture, including food, fiber and forestry, remains one of the North Carolina's largest industries and a way of life for many of its people. As the state’s economy grows to include new technological innovations, the building blocks of renewable energy, and plants that manufacture medicines, its roots in agriculture remain evident and relevant.
State agricultural leaders note that the industry contributes some $92.9 billion to the economy every year. That’s about 16 percent of the state's income. Over 750k employees of N.C.’s workforce are involved in some aspect of agriculture.
NCBiotech has awarded 443 ag tech grants and 40 ag tech loans totaling $21.4M and $3.2M, respectively. Every $1 invested in ag-related grants yields $121 in additional funding, and every $1 invested in ag-related loans yields $283 in additional funding.
Companies, Campuses and Collaborators
There are more than 195 ag tech companies across the state, clustered around plant, animal, food, technology and support. The company roster includes international giants BASF Plant Science, Bayer, Corteva, DuPont Pioneer, Novozymes and Syngenta.
North Carolina offers wide-ranging research and field trials at 18 research stations statewide. It’s also home to two land-grant ag research universities and a 58-campus community college system.