nc idea seed

NC IDEA Hits the Road Ahead of Fall Seed Grant Cycle

August 9, 2017 by Thom Ruhe

That Time of Year As hot summer days give way to cooler evenings and the beginning of football season, it must mean that we are rapidly approaching the Fall Seed Grant Cycle for NC IDEA! In advance of this cycle, we are taking to the road to share details of the program that makes $50,000…Read More

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New Faces from New Places

July 18, 2017 by Thom Ruhe

NC IDEA announced today the election of Karen LeVert as Board Chair; along with the election of three new directors Peyton Anderson of RTP, Greg Brown of Charlotte and Patti Gillenwater of Raleigh. “The leadership and guidance of our Board enables us to advance the Foundation’s mission and vision,” said Thom Ruhe, President and CEO…Read More

nc idea ecosystem

Making Entrepreneurship Productive Again

June 23, 2017 by Thom Ruhe

My friend and brilliant person, Robert E. Litan , recently co-authored a piece in Harvard Business Review reflecting on a thesis first proffered by another brilliant mind, William Baumol, about productive entrepreneurship vs. unproductive entrepreneurship. The article serves as a great reminder to practitioners of economic development that not all entrepreneurship is created equal, or even of…Read More

nc idea seed

NC IDEA Surpasses $5M in Funding in Seed Grants; Six Named in Newest Cohort

May 18, 2017 by Thom Ruhe

With every grant cycle we get a snapshot of the entrepreneurial potential within the state of North Carolina, and it is a promising picture. We continue to see bright folks from a variety of fields pursuing ideas of high potential, whilst building the companies that will create tomorrow’s economic prosperity for the state. We constantly…Read More

nc idea seed

Announcing Spring 2017 Seed Grant Semi-Finalists

April 6, 2017 by Thom Ruhe

Winter has given way to Spring which means the NC IDEA Foundation is in full bloom application mode. We recently closed applications for our Seed Grant Program, Groundwork Labs Program, and SoarTriangle Program. Per usual, we had robust interest, receiving 173 Seed Grant, 50 Groundwork Labs, and 25 SoarTriangle applications from across the state. From…Read More

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What’s Healthcare Got To Do With It?

March 16, 2017 by Thom Ruhe

As the country’s politicians wrangle over a variety of policy priorities, I thought it would be useful to remind our community about a subtle but significant boost entrepreneurs received when the Affordable Care Act was enacted. Whatever you call it (Affordable Care Act, Obamacare, Trumpcare next?), the private market access to healthcare ended a condition…Read More

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Mentors, Money and More

February 23, 2017 by Thom Ruhe

This week, the North Carolina Network of Grantmakers held their annual meeting in Winston-Salem. Hundreds of folks representing family foundations, public charities, donor-advised funds, and private foundations met to discuss common interests, best practices, and emerging issues. Meeting so many highly competent people committing to their professional development by attending such a conference was energizing….Read More

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Bogie, Bacall and Entrepreneurship?

January 19, 2017 by Thom Ruhe

Bogie and Bacall, Macaroni and Cheese, Innovation and Entrepreneurship – these pairings have stood the test of time as being great together. In the case of innovation and entrepreneurship, the dynamic is often cast as a hand-in-glove relationship. I like this metaphor because it speaks to the synergy that comes from combining innovation with an…Read More