Organization Now Accepting Applications from Ambitious Entrepreneurs

 DURHAM, NC – December 8, 2020 – NC IDEA, a private foundation committed to supporting entrepreneurial ambition and economic empowerment in North Carolina, announced today that the organization is now accepting applications for NC IDEA LABS through January 3. The first cohort of 2021 will run virtually February 1 – 26.

NC IDEA LABS is an intensive four-week customer discovery program that helps entrepreneurs take their first steps toward building a successful company. The program guides founders through the process of identifying and targeting customers, then validating product/market fit. Entrepreneurs spend much of the time communicating directly with potential customers, gathering feedback and assessing demand. Ideal candidates for the program are full-time founders who are at the “idea” stage. Some companies that are further along and are accessing how to scale have found the program beneficial as well.

Interested applicants can watch a pre-recorded information session to learn more about the program and then attend a live Q&A Session with NC IDEA LABS Director John Austin on December 17. The video and registration links can be found on the LABS pages of the NC IDEA website here.

The upcoming application opportunity for the first 2021 cohort of NC IDEA LABS is now open with applications due January 3 at 5:00pm EST. Finalists will be interviewed in mid-January and selected participants will be notified by January 21.

To learn more and apply for NC IDEA LABS, visit and follow the links on the homepage.

NC IDEA is an independent private foundation committed to empowering North Carolinians to achieve their entrepreneurial potential. Through our powerful combination of competitive grants and programs, and a network of strategic partners, we help entrepreneurs when they need it most. NC IDEA’s resources are highly competitive, enabling the foundation to support North Carolina’s most ambitious entrepreneurs. We believe entrepreneurs transform communities and view our work as a catalyst for positive change. Learn more at