Profile
The New Orleans BioFund is part of the New Orleans BioInnovation Center and is an early-stage investment fund based in New Orleans. The fund focuses on supporting bioscience and health innovation companies with potential for economic and community impact. The BioFund operates with the support of funding from the U.S. Department of Housing and Urban Development and the Office of Community Development Disaster Recovery Unit, aiming to enhance the economy of Louisiana by providing necessary capital to startup companies.
The BioFund invests across all industries, though it emphasizes biotechnology as part of its mission. The fund is structured to provide flexible, founder-friendly financing to help companies hire talent, purchase essential equipment, and reach critical business milestones. With a total investment of $6 million in the local economy, the BioFund supports the creation of high-wage job opportunities within the region.
The fund holds a diverse range of portfolio companies which have collectively created or retained over 500 full-time equivalent positions, contributing significantly to the economic landscape in and beyond the biotech industry.
Industry
Contacts
Instant access on the web. Plans from $129/month — see pricing.