New Orleans BioFund

The New Orleans BioFund was created to support small businesses in the region looking to grow, create jobs, and contribute to the economic revitalization of New Orleans. Capital is often difficult to obtain for small businesses and startups, which are high-risk ventures. The innovative BioFund program supports small businesses that may not qualify for traditional financing options. These investments help bridge a critical funding gap, thus allowing companies to better position themselves for growth and success. The New Orleans BioFund operates in all industries, but places a special emphasis on biotechnology as a part of its mission. Furthermore, the fund is currently transitioning to a micro-venture capital model. This will provide startup investment options such as equity, convertible debt, and loan financing options. The BioFund was kick started with funding from the U.S. Department of Housing and Urban Development and the Office of Community Development Disaster Recovery Unit to provide capital to startup companies looking to achieve growth, thereby increasing their potential for contribution to the economic development of Louisiana.

网站

https://www.neworleansbio.com/programs/biofund/

New Orleans BioFund 的外部链接

所属行业

风险投资与私募股权管理人

规模

2-10 人

总部

New Orleans，Louisiana

类型

非营利机构

创立

2012

领域

Venture Capital 、BioTech、Micro-Venture Capital 和Economic Development