New Orleans BioInnovation Center

Accelerator New Orleans, United States · Founded 2002

The New Orleans BioFund, part of the New Orleans BioInnovation Center, provides early-stage capital and strategic support to bioscience and health innovation companies in Louisiana to drive economic development, commercialize university IP, and improve public health outcomes.

About New Orleans BioInnovation Center

New Orleans BioInnovation Center is a Louisiana-based nonprofit business incubator focused on bioscience and life-sciences companies in the New Orleans region. The organization’s mandate combines lab space, mentorship, and small grant or investment programs rather than traditional venture capital, and its public footprint reflects a regional ecosystem-builder rather than a thesis-driven institutional investor. Healthcare exposure is total within bioscience, including biotech, medical devices, diagnostics, and life-sciences tools, with a strong regional anchor in Louisiana and the Gulf South. AI focus is incidental and likely opportunistic; expect openness to AI-for-biology and AI-enabled diagnostics when the company is otherwise a fit for the regional bioscience ecosystem. Stage is typically pre-seed and incubator-stage, with capital deployed as small grants, convertible notes, or modest equity checks, often paired with subsidized lab space and mentorship. This is the wrong door for post-seed companies, software-only digital health, or any team that does not benefit from a Louisiana regional anchor. It is a plausible fit for very early bioscience founders located in or willing to relocate to New Orleans who need wet-lab space, regional ecosystem support, and small early capital. Entry path is the website application and direct outreach to program staff. Founders should evaluate the program on lab facilities, mentor depth, and regional commercialization support rather than the headline check.

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Team

Kris Khalil
Executive Director & Managing Director of BioFund
LinkedIn

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Last updated 2026-05-06. Sourced from this fund's published materials.
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