DURHAM – Six startups across North Carolina – including three from the Triangle – have won $50,000 grants from the NC IDEA Foundation.
The winners with summaries provided by the Foundation:
- b.combs – Cary, NC
A mentoring platform specifically designed to take the administrative burden off of nonprofits and other organizations that serve youth.
- Boreas Monitoring – Wrightsville Beach, NC
A B2B SaaS company with a patented system to remotely monitor liquid nitrogen tanks in the fertility industry and others managing critical assets.
- Home for Life Design – Salisbury, NC
Provides an innovative home assessment solution for healthcare professionals and paraprofessionals, enabling clients to stay in their home and community safely and independently, for life.
- Salus – Charlotte, NC
A digital underwriting platform that leverages lenders’ existing information on their borrowers to deliver a faster, cheaper, fairer lending decision.
- Tromml – Chapel Hill, NC
The only profit optimization tool designed for the unique needs of automotive aftermarket e-commerce sellers.
- Vetletics – Cary, NC
Dedicated to innovation and raising industry standards for animal health to enhance athletic recovery to maximize performance.
‘Big milestone’
NC IDEA noted that the latest grants in the NC IDEA SEED program has awarded more than $9 million in non-dilutive grants to 200 high-growth companies throughout North Carolina.
“This cycle marks a big milestone with 200 SEED grants now awarded to innovative companies across the state,” said Thom Ruhe, CEO and President of NC IDEA. “The representation of under-served communities reflected in such a competitive cycle demonstrates the vibrancy and resiliency of entrepreneurship across North Carolina. Our efforts to level the playing field are paying off.”
Recipients were chosen after a three-month competitive application and selection process.
More than 170 applications were submitted from across the state, NC IDEA said.
