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NC IDEA Kicks Off Fall Grants Cycle with Info Sessions August 8, 9 and 10

NC IDEA to Kick-Off Fall 2012 Grants Cycle with Webinar and Info Sessions for Interested Applicants

Organization Seeking Grant Applications from Entrepreneurs and Startups Starting August 13th

DURHAM, NC – July 26, 2012 - NC IDEA, an organization committed to supporting business innovation and economic advancement in North Carolina, announced today that it will be hosting several information sessions to discuss its grant process and eligibility criteria. All sessions are being held the week prior to the official opening of the organization’s fourteenth grant cycle.

Interested applicants can attend one of three information sessions being held prior to the opening of NC IDEA’s Fall 2012 Grants Cycle.

  • Wednesday, August 8th – NC IDEA and Groundwork Labs ‘Brown Bag Lunch’ Q&A Session
  • Thursday, August 9th – NC IDEA Fall 2012 Info Session **via WEBINAR**
  • Friday, August 10th – NC IDEA Fall 2012 Charlotte Info Session hosted by Packard Place

The information sessions are aimed at giving interested applicants an overview of NC IDEA’s grant process and criteria, and help explain how to apply for a grant, what is looked for in an application and what types of companies are eligible for funding. In each of the sessions, participants will also gain insight from recent grant winners on their experience with the application process and what they are planning to accomplish with their grant money.

Interested parties can confirm their attendance at any of these sessions by visiting and following the registration link on the homepage.

The upcoming grant opportunity for NC-based entrepreneurs and companies, and those looking to locate to North Carolina, will open on Monday, August 13th. Companies focused on software, information technology, medical devices or material sciences are encouraged to apply. There are two pre-proposal deadlines for the Fall 2012 cycle: an early deadline on Friday, August 24th and a final deadline on Friday, September 7th. Due to the competitive nature of the screening process, applicants are strongly encouraged to apply by the first deadline, giving them the benefit of an extended review period and the potential opportunity to be selected to move to the proposal round under early decision. All interested companies must submit an application prior to the final pre-proposal deadline of Friday, September 7th to be considered.

NC IDEA’s grants program is a catalyst for technological breakthroughs that have a significant potential to successfully transition into commercially viable high-growth enterprises. The grants, which are up to $50,000 per recipient, support business plan research and development, reduce risk of early failure and advance projects to the point of suitability for angel or venture capital investment. In addition to the funding, NC IDEA and its network of seasoned business and technology partners mentor and guide the grant recipients through the complex growth cycles that young companies encounter, while also connecting the startups with other investors, institutions and business leaders to maximize their prospects for commercial success.

To learn more, attend an info session and to apply for an NC IDEA grant, visit

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