North Carolina has the universities, research and workforce that continue to attract and keep the leading biotechnology, pharmaceutical and life sciences companies here. As the third-largest cluster of these industries in the nation, North Carolina is where biotechnology, pharmaceutical and life sciences companies Thrive. Our investments in a landmark workforce development initiative and the world’s first state-supported biotechnology center along with a low cost of doing business help companies here to flourish.
In just 10 years, the state has invested over a billion dollars in university research and facilities, worker training, incentives and infrastructure.
North Carolina’s biotech industry grew faster than any other major bioscience state from 2001–2010.
More than 500 bioscience companies are headquartered or have operations in North Carolina, employing more than 58,000 people. That’s a deep talent pool.
From our moderate climate with excellent recreational opportunities to our culture-rich history and a low cost of living, North Carolina has what people are looking for to Thrive.
- A moderate climate
- A culture rich in history and the arts
- World-class sports events
- Recreational opportunities
- Quality health care
- Low cost of living—housing, utilities, supplies and groceries, transportation and health care are all below the national average
- Low construction costs
- Diverse educational opportunities and jobs available
The low cost of living in North Carolina makes it easier for our residents to take part in and enjoy all the great things that this state has to offer.