NC IDEA Newsletter – March 22, 2018

NC IDEA Selects 25 Semi-Finalists from Largest and Most Geographically Diverse NC IDEA SEED Applicant Pool in Foundation’s History

NC IDEA SEED’s record-breaking 185 submissions translated to the most geographically diverse applicant pool since the program’s inception, and for the first time, more than half of the submissions (almost 60%) came from outside of the Triangle region, with one-third of North Carolina’s 100 counties represented. The program also experienced a healthy increase in applications from areas of the state that have been traditionally underrepresented, receiving 33 submissions from companies operating in rural counties as defined by The NC Rural Center. The diversity amongst the 25 semi-finalists is reflective of the overall geographic span of submissions, representing 16 different counties as a collective group.

“Geographically representative participation is important to the Foundation. We hosted a series of workshops from Asheville to Wilmington, with help from our great NC IDEA ECOSYSTEM partners, and these outcomes demonstrate our deliberate efforts to recruit potential candidates from every corner of the state. Selecting applicants with the greatest potential remains our biggest priority, and we accomplish that by broadening our reach.”
– Thom Ruhe, NC IDEA President & CEO

Congratulations to our 25 Spring 2018 NC IDEA SEED Semi-Finalists

Read the Full Announcement


Fund Your Startup or Existing Business Using
Investment Crowdfunding

April 18th, 12:00pm-1:30pm

NC IDEA presents an investment crowdfunding seminar at the American Underground training classroom on the American Tobacco Campus in Durham. Mark Easley, publisher and editor of, will be the featured speaker and discussing how to use the new North Carolina Localstake NC investment crowdfunding platform to get funding for your startup or existing business. RSVP here.

RIoT Accelerator Program Now Accepting Applications
Application Open Through April 15th

The RIoT Accelerator Program (RAP) facilitates entrepreneurship end-to-end from academic research and education through to rapid commercial growth. RAP increases the impact of traditional accelerator programming by partnering startups with an industry consortium of more than 60 companies across the IoT value chain. Industry seeds the accelerator with market-driven problems they are motivated to solve through entrepreneurial partnerships. Partners provide access to complimentary resources and seed investor capital necessary to launch new products and services to market. Learn more about eligibility for the program and apply here. Also, be sure to check out one of the upcoming information sessions.

Events for Entrepreneurs 

LaunchBio Presents: The Sound of Science
Thursday, April 5th, 4:00pm-7:00pm

Larger Than Life Science is a free monthly event series open to everyone interested in building a strong support network for North Carolina’s life science and healthcare innovators.

Larger Than Life Science is held in the atrium level of the newly renovated Chesterfield Building in downtown Durham from 4-7 p.m. the first Thursday of each month. Join LaunchBio for an evening of unconventional conversation! Register here.

1 Million Cups RTP
9am Every Wednesday at The Frontier in RTP 

Join 1 Million Cups every Wednesday to hear pitches from local entrepreneurs and engage with others in the entrepreneurial community. Based on the notion that entrepreneurs discover solutions and network over a million cups of coffee, the Ewing Marion Kauffman Foundation developed 1 Million Cups in 2012—a free program designed to educate, engage and connect entrepreneurs with their communities. 1 Million Cups is now in more than 160 communities across the country. Learn more.

NC IDEA Job Board
These NC IDEA companies are looking to add talent to their teams. Please share with your networks.