Housed in the BioInnovation Center, the New Orleans BioFund (“NOBF”) was created to support small businesses in the region looking to grow, create jobs, and contribute to the economic revitalization of New Orleans. Capital is often difficult to obtain for high-risk ventures such as small businesses and startups. NOBF provides flexible financing for these companies through different investment vehicles (debt, convertible debt, & equity), with a special emphasis on biotechnology companies.