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Establishing a Life Sciences Revenue Bond Authority | North Carolina Tobacco Trust Fund

Establishing a Life Sciences Revenue Bond Authority

Year Funded

2003

Amount

$169,452

Project will assist in establishing a revolving loan program to bring biotech companies into the state and create jobs for those no longer employed in tobacco manufacturing jobs. This project will create a minimum of 20 jobs over five years and generate $20 million in capital investment.

Charles Hamner
NC Association for Biomedical Research 1304 Salem Lane Chapel Hill, NC 27516