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NC Idea Grant Spring Cycle Now Open
Early Deadline is March 5th
Posted by ExitEvent
Topic: Investing
3.1.10
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NC Idea has opened its Spring cycle for grants up to $50,000 for North Carolina start-up companies. This is an excellent way to get your idea a boost into reality, and several well-known start-ups have gotten their initial funding through the program. Early deadline is March 5th, and the late deadline is March 19th. Get started now, because a lot of information goes into the application, and it takes quite some time to pull it all together.
From the website:
NC IDEA provides small grants to high-tech startup companies to support business activities that validate potential markets, reduce risk of early failure, and advance projects to the point of self-sustainability at which time they are suitable for private equity investment.
NC IDEA considers awarding grants to technology based businesses with the potential to become high-growth companies. NC IDEA defines a high growth company as a fast growing startup with a significant market size that will consider equity financing as part of their growth strategy.
NC IDEA has awarded over $1.5M in grants to help forty-two startup companies in NC since the program's inception. NC IDEA targets high-tech companies that need help crossing the chasm between initial product development and venture capital funding.
NC Idea Website
Eligibility Information/Quiz
Application
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