biotechnology

Business
4:35 pm
Wed January 22, 2014

NC Venture Capital Slow To Return Post-Recession

Data from National Venture Capital Association
Credit Ben Bradford / WFAE

Venture capital investment is best known for funding technology start-ups, including, once upon a time, Google and Facebook. The amount of venture capital funding is also an indication of how many start-ups or early stage companies a region is producing. The latest numbers in North Carolina show the state still has not recovered from the recession.


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Local News
4:55 pm
Wed June 12, 2013

Server Farm Coming To Kannapolis Biotech Campus

A view of the North Carolina Research Campus from a window in the Core Laboratory building. A 50,000 square foot data center will soon be built on the campus.
Credit Ben Bradford / WFAE

The Kannapolis research campus founded by Dole Foods magnate David Murdock has announced its first new corporate tenant in two years. But it's not the kind of company you'd expect for a place focused on health and food science. 


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Local News
9:59 am
Mon May 20, 2013

Hopes High But Progress Slow At Kannapolis Biotech Campus

A view of the North Carolina Research Campus from a window in the Core Laboratory building. After five years, the campus remains mostly unbuilt.
Credit Ben Bradford / WFAE

When billionaire David Murdock opened the North Carolina Research Campus five years ago, his goal was to create a global biotechnology center in Kannapolis and to replace the thousands of jobs lost when Cannon Mills—formerly the city’s largest employer—closed. Murdock has poured upwards of $600 million into development of the NCRC, but today, there are only a handful of companies and few jobs compared to his sweeping vision. This week, Murdock donated another $50 million to the endeavor. Outside of Murdock’s millions, there are few signs of growth, but many are still betting on it.


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