NC Biotech Grant to Support Economic Development in Alamance County
A $100,000 Economic Development Award (EDA) from the North Carolina Biotechnology Center will boost bioscience industry growth in Burlington and Alamance County.
The grant, to be administered by the City of Burlington, will be used to help Alamance Community College (ACC) prepare local talent for new jobs created by LabCorp, the Burlington-based global life sciences company that offers comprehensive clinical laboratory and end-to-end drug development services. The grant is tied to LabCorp’s commitment to create and maintain at least 20 new life science-related jobs in Alamance County over the next four years.
“The Biotech Center’s EDA is more than a grant,” said Peter Bishop, director of economic development for the City of Burlington. “It is a direct investment in the future of our city and our people.”