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:
          

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

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

What type of request is this?  General 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 1555 Poydras Street, New Orleans, LA 70112 Chairman
Andre Rubenstein 102 Saint Charles Ave, New Orleans, LA 70130 Treasurer
Josh Fleig100 North Street, 7th Floor Baton Rouge, LA 70802 Board member
Arthur Cooper 3902 Woodland Hill Ct Baton Rouge LA 70816 Board Member
Dr. Steven Nelson 2020 Gravier St, New Orleans, LA 70112 Board Member
Nicole Honoree 2021 Perdido St, New Orleans, LA 70112 Board Member
Kaneisha Akinpelumi 1 Drexel Dr, New Orleans, LA 70125 Board member
Robin Forman 1555 Poydras Street, New Orleans, LA 70112 Board Member
Alex Glaser 201 St Charles Ave, New Orleans, 70170 Legal Counsel
Kristopher Khalil 1441 Canal St, New Orleans, LA 70112 Executive Director
Johnathon Koski 1441 Canal St, New Orleans, LA 70112 Director of Community Development

Provide a summary of the project or program:
           The New Orleans Bioinnovation Center (NOBIC) will expand on its successful BioChallenge to grow and deploy innovations in brain health and also provide programing throughout the year around brain health and neuroscience. In addition, NOBIC will build and foster an ecosystem for brain health innovation.

What is the budget relative to the project for which funding is requested?:
          Salaries. . . . . . . . . . . . . $250,000
          Professional Services. . . $0
          Contracts . . . . . . . . . . . $0
          Acquisitions . . . . . . . . . $0
          Major Repairs . . . . . . . $150,000
          Operating Services. . . . $100,000
          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?
          Funds will be used to provide programming for Brain Health and innovation development. This will be done by hosting events related to biotech innovation and supporting biotech companies through early-stage development. Hosting an annual pitch competition in which companies get a chance to showcase the latest technology related to biotech innovation. Through these events, early-stage biotech companies will be provided with investor spotlight and have the opportunity to get funded.

What are the goals and objectives for achieving such purpose?
          Advance Brain Health Innovation and Biotech Entrepreneurship
Foster the growth of innovative biotech startups by providing programming, networking opportunities, and exposure to industry leaders, investors, and strategic partners.
Support Early-Stage Company Development
Strengthen the capacity of emerging biotech companies through educational programming, mentorship, investor engagement, and commercialization support.
Increase Access to Funding Opportunities
Create pathways for biotech startups to secure investment capital and strategic partnerships through pitch competitions, investor showcases, and innovation-focused events.
Build a Brain Health Innovation Ecosystem
Position the region as a hub for biotechnology and health innovation by convening entrepreneurs, researchers, investors, and industry stakeholders through collaborative programming.
Promote Commercialization of Emerging Technologies
Accelerate the development and market readiness of cutting-edge biotech technologies that address healthcare, life sciences, and public health challenges.

What is the proposed length of time estimated by the entity to accomplish the purpose?
           12 Months: July 1, 2026, to June 30, 2027

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:
                 N/A
    
     (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:
                 N/A

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

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

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: 
               N/A

(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:
               N/A

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

          What is the nature of the relationship?  N/A

(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:
                 N/A

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


Contact Information
name:  Jason briggs 
                                       address:  1441 Canal St
New Orleans, LA 70112
                                       phone:  5044304962
                                       fax: 
                                       e-mail:  jbriggs@neworleansbio.com
                                       relationship to entity:  Accountant and Grants Manager