Whether you are planning to apply to NC IDEA SEED or just exploring your options, the below resources can help better inform you of the opportunity and assist in determining if it is a good fit for your company.

 

Upcoming Opportunities

  • The Fall 2020 SEED application is open through Monday, August 31st at 5:00pm EST – APPLY NOW
  • See important dates for the Fall 2020 NC IDEA SEED Grant Cycle.

See below for a comparison of eligibility criteria between NC IDEA MICRO and NC IDEA SEED**Note: You may only apply to either MICRO or SEED (not both) during a grant cycle.**

 

Online Resources

  • Review the NC IDEA SEED program details
  • See who is eligible to apply for NC IDEA SEED
  • Schedule Fall 2020 Virtual Office Hours
  • Listen to the Fall 2020 Webinar Info Session
  • View the Fall 2020 Info Session slide deck for detailed information
  • Download the Fall 2020 SEED application to preview the questions and work offline
  • Read our most frequently asked questions about both MICRO and SEED
  • Listen to a previous podcast with NC IDEA’s John Austin on grant application best practices
  • Meet our NC IDEA SEED Grant Recipients to learn more about the companies that have received past grants
  • View Case Studies and hear directly from the companies that have worked with NC IDEA

 

Eligibility Criteria Comparison

Geography
SAME - Companies headquartered in and that conduct a majority of corporate operations in the State of North Carolina
Industry
SAME - innovative companies with proprietary intellectual property or other means of sustained competitive advantage
Market OpportunityOn a path to become a multi-million dollar company, have 50+ employees or be investable in 5-7 yearsOn a path to become a multi-million dollar company, have 50+ employees or be investable in 3-5 years
Stage of DevelopmentIdea, Research, Developing a Product, Testing or SellingDeveloping a Product, Testing or Selling
TeamAt least one FT team member within 6-12 monthsAt least one FT team member
RevenueRevenue in last 12 months of $50K+ less likely to be consideredRevenue in last 12 months of $250K+ less likely to be considered
Prior InvestmentPast investment of $50K+ equity or $1M+ non-dilutive less likely to be consideredPast investment of $250K+ equity or $1M+ non-dilutive less likely to be considered

 

Back to NC IDEA SEED program page →