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NCBiotech Business Financing

The North Carolina Biotechnology Center understands the importance of emerging entrepreneurial companies to the state’s life science industry. Through the Business and Technology Development Program, the Center invests in promising, emerging life science companies across the state. This financing is designed to help recipients meet meaningful research and commercial milestones and secure follow-on-funding from private investors.

Please select the link associated with each program for specific information regarding eligibility, application procedures and terms.

Biotechnology Center Business Loans

Grant Description Deadlines
Small Business Research Loan

Supports business inception and research critical to the development of products, processes, or tools with clear commercial potential.

Award Range: $75,000 to $250,000

Quarterly

Strategic Growth Loan (SGL)

Matches Biotechnology Center loan support with angel group or venture capital investments to fund life science companies that have already established technical proof-of-concept and require further corporate development support.  A maximum of two SGLs allowed per company.

Award Range: $250,000 to $500,000

Quarterly