RESEARCH TRIANGLE, NC – NC IDEA, which helps startup companies bridge the funding gap between public and private equity support has opened its eighth grant application cycle.
The NC IDEA Grants Program awards funding to between four and six firms based in North Carolina that are focused on information technology, medical devices and diagnostics, material sciences or green technologies.
Preference is given to those that have not received equity financing. Entrepreneurs who have not formed a company may apply, but company incorporation will be required prior to the award of grant funding.
Pre-proposal applications must be submitted online by Friday, September 18 at ncidea.org. Approximately 20 companies submitting “pre-proposal” submissions will be selected to participate in a subsequent full proposal submission and review period.
This process will include submission of a more comprehensive proposal and prioritized budget for use of grant proceeds.
A final round of applicant companies will be selected to present their proposal to a NC IDEA Grants Program advisory committee comprised of entrepreneurs and early-stage business advisors. Grant recipients will be notified in December.
Online: www.ncidea.org
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- NCIDEA proposal deadline Sept. 12
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