I  First Flight Venture Center


     Office Locations:

2 Davis Drive
PO BOX 13169
Research Triangle Park, NC 27709
Phone: 919-990-8558
Fax: 919-990-8561



  • Seed



  • Information Technology



    First Flight Venture Center (FFVC) is a high-science, high-impact incubator located in the heart of Research Triangle Park. Established in 1991 to serve the initial needs of entrepreneurs and early stage science companies, the firm has more than 25 years experience in launching new businesses in North Carolina, more than 275 world class, game-changing technologies.. First Flight provides companies with affordable space with flexible leases, shared business services, and management guidance and counseling. FFVC offers 25,000 square feet of leasable office and laboratory space for up to 40 emerging high-science, high-impact companies. The incubator is owned and managed by the North Carolina Technological Development Authority (NCTDA).

    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Growth Stage
    (also called Mid-stage)
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B

    Investment Team:

    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Andrew Schwab President
    Joe Spratt Finance
    Mary U. Musacchia Chair, Board of Directors and Navigator


    Portfolio companies include:


    Recent News: