Seeking Applications from Innovative Startups for NC IDEA MICRO, NC IDEA SEED and Investment Crowdfunding Grant

DURHAM, NC – January 8, 2019 – NC IDEA, a private foundation committed to supporting entrepreneurial ambition and economic advancement in North Carolina, announced today that the organization will kick off its Spring 2019 Grants Cycle with information sessions throughout the state. The upcoming information sessions will highlight NC IDEA’s three current grant opportunities that support ambitious, growth-oriented companies:

  • NC IDEA MICRO awards small, project-based grants up to $10K to young companies looking to validate and advance their idea.
  • NC IDEA SEED offers early stage companies the critical funding they need to scale faster. The $50K grants are awarded to innovative startups with a proven concept – even if they are not yet profitable.
  • The Investment Crowdfunding Grant, in partnership with Localstake NC, provides $5K in funding to companies ready to expand their businesses via investment crowdfunding.

Interested applicants may attend any of the following information sessions to learn more about NC IDEA’s grant opportunities and gain insight on how to write a competitive application. Learn more on how to apply, what NC IDEA looks for in an application and which opportunity may be most appropriate and beneficial for you and your company.

In addition to information sessions, applicants can also schedule Virtual Office Hours. To register for any of the information sessions or sign-up for Virtual Office Hours, visit www.ncidea.org.

Applications for the Investment Crowdfunding Grant are currently open through January 28, 2019 at 5pm EST. NC IDEA MICRO and NC IDEA SEED grant applications open February 11, 2019 and close March 4, 2019 at 5pm EST.

About NC IDEA FOUNDATION
NC IDEA is an independent private foundation committed to supporting entrepreneurial ambition and economic advancement in North Carolina. Today, the organization fulfills this mission through a strategic combination of competitive grants and programs. NC IDEA ECOSYSTEM funds organizations across the state that execute creative programs to support entrepreneurs. Similarly, NC IDEA ENGAGE is a community-focused grant program supporting individuals and organizations that facilitate entrepreneurship activity. Over the last decade, the NC IDEA SEED program has awarded nearly $6 million in non-dilutive grants to 136 growth-oriented companies across the state, and most recently awarded nearly $150,000 in 15 micro-grants through NC IDEA MICRO. Since 2011, over 200 companies have participated in NC IDEA LABS to guide founders developing an idea or product. NC IDEA SOAR, a program founded in 2012, supports female entrepreneurs leading scalable businesses in raising capital through mentorship, strategic advice and connections. NC IDEA LEAD supports entrepreneurs further along by providing leadership training for founders of high-growth companies. Learn more at www.ncidea.org.