NOBICNear-Field Optical Beam Induced Current
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Gene D'Amour, senior vice president for resource development at Xavier University and who also sits on NOBIC's board of directors, said the board recently met with officials from the Louisiana Department of Economic Development, who are committed to keeping NOBIC sustainable and pledged to secure funding from the state.
"These biotechnology startups need to go through NOBIC because there is so little venture capital funding in Louisiana," he said.
"But I know there is a bigger pool of innovation happening across America."<br />Under a new "business-friendly" approach, NOBIC was among eight accelerators recently awarded an $88,000 grant by the U.S.