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 the pool of Seed Grant applicants, we are happy to report the following 28 companies will be advancing as semi-finalists. Clearly, we have yet another strong group of contenders applying and we look forward to helping them through the next stages of the process.
The semi-finalists have been invited to submit more detailed proposals by the end of April. Winning grants (to be announced mid-May), which are up to $50,000 per recipient, fund a variety of activities necessary to grow companies with great economic impact for the state of North Carolina.
Written by NC IDEA President & CEO, Thom Ruhe