News Column

First Southeast Venture Philanthropy Summit Planned

March 15, 2013
venture philanthropy

The first Southeast Venture Philanthropy Summit, to be April 3-4 in Chapel Hill, N.C., is expected to bring together leaders of regional life science companies and national disease foundations, according to a news release.

The summit is expected to connect company leaders, academic researchers, funding specialists and executives from 30 foundations, including the Michael J. Fox Foundation for Parkinson's Research and the Bill and Melinda Gates Foundation, as well as other major philanthropic groups targeting a wide range of diseases and conditions.

It was organized by the N.C. Biotechnology Center along with BioFlorida, Georgia Bio, NCBIO, Southeast BIO and Virginia Bio, according to the release. A steering committee included members of the venture philanthropy, venture capital and academic communities.

"Life science companies and academic researchers often indicate that their greatest challenge is access to funding," said Peter Ginsberg, vice president of business and technology development at NCBiotech, in the release. "Foundation funding, or venture philanthropy, has increased in terms of the breadth of funding options available and the size of the grants and investments these organizations are making."

For more information, go to the website.



Source: (c)2013 The Herald-Sun (Durham, N.C.) Distributed by MCT Information Services


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