DURHAM, NC – November 2, 2015 – NC IDEA, an organization committed to supporting entrepreneurial business innovation and economic advancement in North Carolina, announced today the launch of its search for a new Executive Director to lead the organization following its recent conversion to a private foundation. NC IDEA’s board of directors has retained search firm Elinvar to support the process and assist in finding and screening candidates.

NC IDEA is seeking a leader who will establish the direction, infrastructure and strategy to fulfill the mission of the organization, while managing the foundation’s day-to-day operations and activities. The Executive Director will partner with NC IDEA’s board of directors to develop strategies for investment in the entrepreneurial ecosystem throughout North Carolina and operationalize these strategies to achieve maximum impact for entrepreneurs in our state. He or she will guide the annual grant-making process and help make connections and leverage relationships with key players in NC’s entrepreneurial ecosystem and around the country. The search process is expected to unfold over the next two to four months, with a new Executive Director targeted to be in place by March 2016.

“Our newly appointed Executive Director will be crucial in leading NC IDEA’s mission to support the development and growth of our entrepreneurial community,” said Randy Myer, chairman of the board of NC IDEA. “We are looking for someone with the passion and commitment toward entrepreneurship combined with the expertise and experience to effectively expand the organization’s philanthropic goals and collaborate with our ecosystem’s diverse audiences.”

To learn more about NC IDEA’s Executive Director opportunity, visit www.ncidea.org. Specific inquiries regarding the position should be directed to christie@elinvar.com.

NC IDEA is a private foundation committed to supporting business innovation and economic advancement in North Carolina. The organization serves as a catalyst for young, high-growth technology companies by promoting initiatives that foster growth and guides these companies to become major contributors to the state’s business community. Currently, NC IDEA works closely with these innovative startups mainly by providing early financing in the form of grants. Since its inception in 2006, NC IDEA’s grant program has awarded nearly $4M to 98 companies across the state. Learn more at www.ncidea.org.