NGO Funding Request

The recipient entity's full legal name:  New Orleans BioInnovation Center, Inc.

The recipient entity's physical address:
           1441 Canal St.
New Orleans, LA 70112

The recipient entity's mailing address (if different):
           1441 Canal St.
New Orleans, LA 70112

Type of Entity (for instance, a nonprofit corporation):  Non-Profit Corporation

If the entity is a corporation, list the names of the incorporators:
          Paul K. Whelton

The last four digits of the entity's taxpayer ID number:  8125

What is the dollar amount of the request?  $3,500,000

What type of request is this?  Capital Outlay Appropriation

Is this entity in good standing with the Secretary of State?  Yes

Provide the name of each member of the recipient entity's governing board and officers:
           Patrick Norton
Steve Nelson
Robin Foreman
Andre Rubeinstein
Gene D’Amour
Arthur Cooper
Kris Khalil – Executive Director

Provide a summary of the project or program:
           The New Orleans BioInnovation Center, on behalf of the Gulf Coast Health Sciences Corridor (GCHSC), seeks state funding to support the development of the health sciences industry in South Louisiana through strategic investment in workforce development, innovation, and infrastructure.

The Gulf Coast Health Sciences Corridor is led by the New Orleans Bionnovation Center (NOBIC) in partnership with the New Orleans BioDistrict (BioDistrict) and Baton Rouge Health District. Additional coalition members who are well aligned to support cluster-based economic development include the Greater New Orleans Foundation (GNOF), Greater New Orleans, Inc. (GNO, Inc.), LSU Health New Orleans, Pennington Biomedical Research Center, Tulane University, Xavier University of Louisiana, and Delgado Community College (DCC). Additional coalition partners include Baton Rouge Area Chamber (BRAC), Baton Rouge Area Foundation (BRAF), Ochsner Health, LCMC, and more. Coalition members collaborated in partnership with Louisiana Economic Development in application to the United States Economic Development Administration’s Build Back Better Regional Challenge, becoming finalists in the national grant competition. GCHSC seeks to build on the momentum of its success through capital investments that will position South Louisiana for economic diversity and growth.

The Baton Rouge Health District (BRHD) will leverage infrastructure investments to improve the primary interstate entry points and upgrade the streetscape, improving access and visibility for the district, strengthening district anchors and spurring development that will add jobs and research capacity. Specific construction components include the addition of gateway features along the interstate, high-visibility, distinctive entry icons denoting the District, and enhanced green space.

Additionally, the New Orleans BioInnovation Center will leverage state funds to support construction on a shared facility for advanced biotechnology development for research universities, businesses, and startups. This facility will expand on NOBIC’s existing footprint to include additional wet-lab space for early-stage ventures and translational research for startups; (2) a shared hurricane proof cell line "vault" that protects research materials in the event of prolonged power outages or other disturbances; and (3) a Data Visualization Lab linked to Tulane’s existing Cypress high-speed computing system with a large interactive display wall for collaborative visualization and analysis of complex data.

What is the budget relative to the project for which funding is requested?:
          Salaries. . . . . . . . . . . . . $0
          Professional Services. . . $1,000,000
          Contracts . . . . . . . . . . . $2,500,000
          Acquisitions . . . . . . . . . $0
          Major Repairs . . . . . . . $0
          Operating Services. . . . $0
          Other Charges. . . . . . . $0

Does your organization have any outstanding audit issues or findings?  No

If 'Yes' is your organization working with the appropriate governmental agencies to resolve those issues or findings?

What is the entity's public purpose, sought to be achieved through the use of state monies?
          The Gulf Coast Health Sciences Corridor (GCHSC) is primed to be the next robust U.S. health sciences industry cluster and a key driver of a more equitable and resilient economy in the heart of the Deep South. The GCHSC will be a catalyst in the diversification of Louisiana’s economy, driving growth, providing good-paying jobs for Louisianans, and advancing healthcare solutions for a large patient population with chronic illnesses.

Our vision is to transform the super region, stretching from New Orleans to Baton Rouge, into a national leader in health sciences R&D, commercialization, and treatment, with a focus on addressing chronic and neurodegenerative disease, two challenges that plague our community at some of the worst rates in the nation. We will do so by:
•Becoming a national leader in workforce equity, preparing our region’s diverse talent for roles at all levels, from middle-skill jobs to specialized research and leadership roles.
•Strengthening the region’s R&D and commercialization pipelines through new infrastructure development and cross-sector collaboration to leverage industry expertise and promote startup creation and investment, with a focus on products and treatments that address chronic and neurodegenerative disease and widespread health disparities.
•Growing our entrepreneurial ecosystem through the development of essential space for innovation and growth, capitalizing on local talent and R&D capacity, and building a collaborative network to retain and scale promising companies.

What are the goals and objectives for achieving such purpose?
          •Accelerating R&D and product commercialization related to chronic and neurodegenerative diseases, leveraging the region’s deep research and care expertise in diabetes, obesity, hypertension, and neurodegenerative diseases to develop new treatments, products, and companies that address local and global health needs.
•Creating a center of excellence for addressing health disparities, leveraging regional scientific and medical expertise to address some of the nation’s widest health disparities and become a hub for destination medicine through evidence-based care, improved industry coordination, and community health networks.
•Providing new, stable career pathways to Louisianans in an industry primed for long-term growth through implementation of multiple levels of workforce training and programming.

What is the proposed length of time estimated by the entity to accomplish the purpose?
           1 year

If any elected or appointed state official or an immediate family member of such an official is an officer, director, trustee, or employee of the recipient entity who receives compensation or holds any ownership interest therein:
     (a) If an elected or appointed state official, the name and address of the official and the office held by such person:
     (b) If an immediate family member of an elected or appointed state official, the name and address of such person; the name, address, and office of the official to whom the person is related; and the nature of the relationship:

     (c) The percentage of the official's or immediate family member's ownership interest in the recipient entity, if any:

     (d) The position, if any, held by the official or immediate family member in the recipient entity:

If the recipient entity has a contract with any elected or appointed state official or an immediate family member of such an official or with the state or any political subdivision of the state:
(a) If the contract is with an elected or appointed state official, provide the name and address of the official and the office held by such person: 

(b) If the contract is with an immediate family member of an elected or appointed state official:
          Provide the name and address of such person:

          Provide the name, address, and office of the official to whom the person is related:

          What is the nature of the relationship? 

(c) If the contract is with the state or a political subdivision of the state, provide the name and address of the state entity or political subdivision of the state:

(d) The nature of the contract, including a description of the goods or services provided or to be provided pursuant to the contract:

Contact Information
name:  Korey Patty 
                                       address:  1441 Canal St.
New Orleans, LA 70112

                                       phone:  2254391474
                                       relationship to entity:  Regional Economic Competitiveness Officer