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Nanobiotech Center Wins $2.5 Million, 4-Year Grant
Date:6/16/2009

one of the initiative's original supporters. "In developing nanobiotechnology, we aim to create a strong, region-specific science brand for the Piedmont Triad and the state."

COIN owes much of its success to the efforts of strong collaborators, including the Joint School for Nanoscience and Nanoengineering and academic and industry partners statewide. The Piedmont Triad Partnership, a nonprofit economic development corporation, has administered the grant and provided office space during the planning phase.

"It's been my pleasure to work with a talented, committed team on a project of this magnitude," said Don Kirkman, president and CEO of the Piedmont Triad Partnership. "Innovation is at the heart of vibrant economies, and we are excited about harnessing North Carolina's talent for innovation to create a framework for new companies, products and jobs."

Biotech veteran Brooks Adams was hired in January to be executive director of the planning effort and will assume the same role in the independent COIN.

"Our mission is to connect the dots in the world of nanobiotechnology, including academic and industry researchers, entrepreneurs, managers and investors," said Adams. "This center will use nanobiotech to add value, meet market needs, solve problems and benefit humanity. The result will be economic growth and job creation across the state."

In accord with the Center of Innovation program's statewide purview, the COIN core group now includes Duke University, North Carolina State University, the University of North Carolina at Chapel Hill and UNC-Charlotte.

COIN is one of four Centers of Innovation created by the Biotechnology Center to accelerate commercialization in areas of particular economic promise, including marine biotechnology, drug discovery, and advanced medical technologies. In addition to their technology-devel
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SOURCE North Carolina Biotechnology Center
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