As NC IDEA expands its mission to more actively serve those that are underrepresented and underserved, we are partnering with Localstake NC to test the appetite for investment crowdfunding in North Carolina by offering an Investment Crowdfunding Grant for the first time in Spring 2019 to companies ready to expand their businesses via investment crowdfunding on Localstake NC.
Through a competitive application process similar to other Foundation programs, NC IDEA will award $5,000 grants to selected companies wishing to expand their businesses via investment crowdfunding on Localstake NC this Spring. Grant recipients will be supported by NC IDEA and work directly with Localstake NC to have an active fundraiser on their platform by May 2019. Grant funds will be used to pay for platform fees ($2K) with the remainder directed toward supporting marketing materials and other related expenses.
NC IDEA is offering the Investment Crowdfunding Grant for the first time in Spring 2019. The below timeline includes the important dates and deadlines for our current Spring 2019 Investment Crowdfunding Grant Cycle.
December 17 – Investment Crowdfunding Grant Application Opens
December 17 at 1pm – Investment Crowdfunding Grant Info Session via Webinar – REGISTER
January 2019 – Spring Grant Info Sessions *Details Coming
January 28 – Investment Crowdfunding Grant Application Deadline
*All applications must be submitted and received by 5:00pm EST – No Exceptions*
February 15 – Investment Crowdfunding Grant Finalists Selected
March 6 – Investment Crowdfunding Grant Recipients Notified
March 12-13 – Investment Crowdfunding Grant Kick-Off
March 15 – May 6 – Investment Crowdfunding Go-Live Prep
May 7 – Investment Crowdfunding Go-Live Target Date
*Check back regularly for updated information