NC Biotech Center awards $2.5M in 1Q grants, loans

The North Carolina Biotechnology Center awarded more than $2.5 million in loans and grants to life science companies, startups and others during the first quarter. The Biotechnology Center, which has the mission of supporting biotechnology research, business, education and policy, has been providing grants and loans to entities in the state since 1984.

Among the recipients in the first quarter: North Carolina State University received $93,750 for a new DNA sequencer, which will revolutionize the biotech efforts of NCSU’s faculty. Proposed projects, such as using organisms as catalysts to manufacture enzymes, treating waste, or pollution prevention, will receive a big boost in ease of generating the genomic and gene sequences.

Read the full article on wraltechwire.com.