First Flight Venture Center
First Flight Venture Center is a non-profit business incubator that provides configurable laboratory and office space, programming, and funding pathway support for early-stage science and deep-tech companies. Programs include pre-accelerator and accelerator cohorts, grant and SBIR/STTR funding assistance, mentorship networks, prototyping facilities, and investor-readiness activities aimed at helping startups develop prototypes, secure non-dilutive funding, and launch commercial ventures.
Industries
Nr. of Employees
small (1-50)
First Flight Venture Center
Raleigh, North Carolina, United States, North America
Services
Provision of affordable, configurable wet lab and office spaces on flexible lease terms for early-stage science companies.
Cohort-based programs delivering business curriculum, market validation, and fundraising preparation for startups.
Assistance and funding programs focused on securing non-dilutive grants, including SBIR/STTR-focused support and health-security funding pathways.
Design and prototype-focused facilities to support turning concepts into physical prototypes.
Access to an advisor network for business mentoring, technical guidance, and strategic introductions.
Provision of affordable, configurable wet lab and office spaces on flexible lease terms for early-stage science companies.
Cohort-based programs delivering business curriculum, market validation, and fundraising preparation for startups.
Assistance and funding programs focused on securing non-dilutive grants, including SBIR/STTR-focused support and health-security funding pathways.
Design and prototype-focused facilities to support turning concepts into physical prototypes.
Access to an advisor network for business mentoring, technical guidance, and strategic introductions.
Expertise Areas
- Business incubation and startup workspace management
- Startup acceleration and pre-acceleration programs
- SBIR/STTR and federal grant funding support
- Non-dilutive funding program design and management
Key Technologies
- Wet-lab infrastructure
- Configurable laboratory and office space design
- Prototyping and small-scale fabrication facilities
- SBIR/STTR and federal funding pathway workflows
News & Updates
Since 1991, alumni companies have accumulated a reported market capitalization of $20 billion.
Over 420 companies have been hosted since inception (33 years noted on site).
Reported $323 million in equity investment raised by resident/alumni companies by 2023.
Reported $34.6 million in grants awarded to companies while at First Flight in 2023.
Site reports that in 2024 companies filed over 28 patents and raised grants (site text: "filed over 28 patents and raised over $4,454,000 million in grants").
Site reports 119 patents currently held by portfolio companies.
Since 1991, alumni companies have accumulated a reported market capitalization of $20 billion.
Over 420 companies have been hosted since inception (33 years noted on site).
Reported $323 million in equity investment raised by resident/alumni companies by 2023.
Reported $34.6 million in grants awarded to companies while at First Flight in 2023.
Site reports that in 2024 companies filed over 28 patents and raised grants (site text: "filed over 28 patents and raised over $4,454,000 million in grants").
Site reports 119 patents currently held by portfolio companies.