Print
Technology

Four Wilmington Startups Semi-finalists For NC IDEA SEED Grant

By Johanna Cano, posted Mar 25, 2019
Four Wilmington-based startups are among the 27 semi-finalists of the Spring 2019 NC IDEA SEED Grant, according to a Monday news release.

ecoTEKindustries, Product Air Lift Systems Inc., Renaissance Fiber and Swell Systems were chosen out of 151 applicants from all over the state.

“We are pleased by the diversification both demographically and geographically in this group of semi-finalists moving forward,” Thom Ruhe, president and CEO of NC IDEA, said in the release. “We had a difficult task in narrowing down the competitive field of applicants, but look forward to learning more about the group moving forward in the next phase of the process.”

The semi-finalists will submit a full proposal with more details on their companies by April 1.

ecoTEKindustries was founded by Kyle Trivisonno who created a prosthetic leg made out of hemp fibers. As a board-certified technician, Trivisonno wanted to find an alternative to carbon and fiberglass materials which are traditionally used in prosthetics.

Renaissance Fiber is another hemp-focused startup that contracts with farmers to help them grow hemp, sells bulk raw or processed hemp fiber and also does hemp fiber processing.

Swell Systems provides a business management application for entrepreneurs, agencies and small teams. The app offers time-management, organization, sales, team management and marketing tools, according to the company website.

NC IDEA is a private foundation that seeks to support entrepreneurs in the state.

Finalists will present before a panel and recipients of the $50,000 grants will be announced in mid-May.

The grants will help support business activities that advance target market goals and help reduce some of the risks early-stage companies face, according to the release.

Wilmington-based myBeeHyve, which offers a contact management system for marketers, was an NC IDEA SEED Grant recipient in 2018.
Ico insights

INSIGHTS

SPONSORS' CONTENT
Jane

It’s Child’s Play

Jane Morrow - Smart Start of New Hanover County
Gretchen roberts 2021

5 Finance Topics Every Small Business Owner Should Master

Gretchen Roberts - Red Bike Advisors
Untitleddesign2 4523114356

Cybersecurity and Productivity: Striking the Perfect Balance for Business Success

Barrett Earney - EarneyIT

Trending News

YMCA Eyes Growth With Plans For New, Expanded Facilities

Emma Dill - Apr 23, 2024

Burns, Redenbaugh Promoted At Coastal Horizons

Staff Reports - Apr 23, 2024

Cold Storage Developer Sets Near-port Facility Completion Date

Audrey Elsberry - Apr 24, 2024

Wilmington Financial Firm Transitions To Wells Fargo's Independent Brokerage Arm

Audrey Elsberry - Apr 24, 2024

Krug Joins Infinity Acupuncture

Staff Reports - Apr 23, 2024

In The Current Issue

With Coffee And Cocktails, Owners Mix It Up

Baristas are incorporating craft cocktail techniques into show-stopping coffee drinks, and bartenders are mixing espresso and coffee liqueur...


MADE: Makers Of Important Papers

W.R. Rayson is a family-owned manufacturer and converter of disposable paper products used in the dental, medical laboratory and beauty indu...


Surf City Embarks On Park’s Construction

“Our little town, especially the mainland area, is growing by leaps and bounds. So having somewhere else besides the beach for kids to go an...

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2024 Power Breakfast: The Next Season