The NIBN provides its researchers with state-of-the-art laboratories, research and manpower grants, infrastructure support units, as well as intellectual property strategy and guidance, project management, business development leadership and legal services provided by NIBNs experienced professional management team. The National Institute for Biotechnology in the Negev Ltd. (NIBN), a unique Bio accelerator located within Ben-Gurion University of the Negev (BGU), is the first self-organized, independent research entity established under the auspices of a University in Israel. The NIBN was established as a company in November 2009 and its shareholders are BGU and the de Picciotto family. NIBN is the home for accelerating BGUs bio-applied translational discovery and research, through successful proof-of-concept and commercialization.