NC IDEA Foundation Rural Impact Grants

NC IDEA Foundation Rural Impact Grants is sponsored by NC IDEA Foundation. NC IDEA provides grants to support rural entrepreneurs and startups in North Carolina, with a focus on economic empowerment and innovation.

NC IDEA – Advancing Entrepreneurship Advancing Entrepreneurship EQUITABLE ECONOMIC DEVELOPMENT​ NC IDEA empowers North Carolinians to achieve their entrepreneurial potential by offering support when and where they need it most. A CATALYST FOR POSITIVE CHANGE​ NC IDEA is committed to providing opportunity for all entrepreneurs vital to economic prosperity.

Celebrating Entrepreneurship Join NC IDEA in our ambition to make North Carolina the best state in the nation for inclusive entrepreneurial economic development. Ecosysteming is the podcast redefining economic development through the lens of equitable entrepreneurship ENGAGE grants support your efforts to unite like-minded folks to celebrate and promote entrepreneurship.

View NC IDEA’s 20 Year Impact Report and see the successful formula that has guided our approach to economic development. JUST ANNOUNCED: NC IDEA Awards Total of $350,000 to Seven North Carolina Startups Since 2006, NC IDEA has awarded more than $26 million in grants to companies and partners throughout the state. Discover the grant activity in specific areas of North Carolina by selecting a region.

The Western NC/Mountains region consists of 26 counties and is home to the highest mountains in the Eastern United States, with 125 peaks rising to over 5,000 feet in elevation. Centrally located, Asheville is the area’s largest city and the most prominent commercial hub.

Although tourism is a major part of the region’s economy, the startup scene is supported by a growing network of partners, and the area has received a number of national accolades in recent years ranking it high as one of the best places to start a business. The Charlotte/Central Piedmont region and its 7 counties is a robust entrepreneurial ecosystem.

Although the city of Charlotte is touted as the second largest banking center in the United States, the city and surrounding area has become a growing hub for entrepreneurs. The thriving startup and tech communities are supported by an extensive network of incubators, accelerators and other entrepreneurial support organizations.

The Piedmont Triad Region is home to 12 counties and is anchored by three main cities; Greensboro, Winston-Salem and High Point. The region is long known as one of the primary manufacturing and transportation hubs of the Southeastern United States with a significant focus on the textile, tobacco and furniture industries.

Today the region boasts a growing innovation community supporting both life science and information technology research and development. The Research Triangle region consists of 8 counties and is one of the country’s most prominent high-tech research and development centers.

Frequently landing in one of the top spots as the best place to start and grow a company by numerous sites and publications, the region boasts a thriving economy with vibrant rural and urban communities. The area is anchored by three major research universities, 9 colleges and 8 nationally renowned community colleges generating a highly-educated population.

In the first several years of NC IDEA, most grant activity occurred in this region. The Sandhills region and its 13 mostly rural counties are centrally situated in the state. Innovative companies and supporting partners in the region have received grant awards in more recent cycles as technology has become a fast-growing segment of the economy.

The area is home to the nation’s largest Army installation (Fort Bragg) with a large workforce serving the healthcare, advanced manufacturing and tourism industries. Over 70% of the 24 counties comprising Eastern NC are designated as economically distressed based on employment, median household income, population and per capita property value.

The growing community of entrepreneurs in the region is supported by a collaborative network of partners encouraging economic activity and catalyzing job creation through innovative services making this an attractive area for recent grant activity. The Wilmington/Coastal NC region of the state consists of 10 counties that have seen a significant increase in entrepreneurial activity in recent years.

With a solid technology base and a thriving infrastructure of accelerators and incubators helping entrepreneurs advance their companies, the region has earned national recognition regarding entrepreneurial activity. The area supports a wide variety of industries from mobile apps to SAAS, and medical devices to biotechnology to consumer products and more.

Statewide Distribution of Total Grants by Region Elevating Black Entrepreneurship in North Carolina The North Carolina Black Entrepreneurship Council (NC BEC) leads NC IDEA in its programmatic and grant making ambitions to address the challenges of Black entrepreneurship in North Carolina.

The Council works closely with the Foundation to identify, recommend and support partners, grant recipients and programs to serve the entrepreneurial aspirations and economic potential of North Carolina’s Black community.

Elevating Black Entrepreneurship in North Carolina The North Carolina Black Entrepreneurship Council (NC BEC) leads NC IDEA in its programmatic and grant making ambitions to address the challenges of Black entrepreneurship in North Carolina.

The Council works closely with the Foundation to identify, recommend and support partners, grant recipients and programs to serve the entrepreneurial aspirations and economic potential of North Carolina’s Black community. Helping Entrepreneurs When They Need It Most Our LABS toolkit helps entrepreneurs navigate the challenges of operating a successful company through our customer discovery guide, office hours, and information sessions.

Our MICRO and SEED grants are typically the initial source of outside capital for young, growth-oriented companies looking to advance their business. Beyond funding, we aim to tell the stories of our MICRO and SEED grant recipients throughout their entrepreneurial journey.

Strengthening Economic Opportunity for All Communities Our ENGAGE and ECOSYSTEM grants support statewide entrepreneurial activity and strengthen the infrastructure for North Carolina’s entrepreneurs. By working together with our network of statewide partners , we achieve our shared goals of advancing entrepreneurship in the state of North Carolina.

Entrepreneurship advocates come together to collaborate and address what is needed to support all entrepreneurs, creating a shared vision of making North Carolina the best place to start and grow a business. “The money is good, but the people and network behind NC IDEA are awesome. We learned a ton going through the application and pitch process and are continuing to leverage the resources available after the grant award.

I highly recommend applying, even if just to get free and high quality feedback about your company. ” Jason Moore Elite HRV, SEED Grant Recipient "NC IDEA walks the talk. They didn't just write RIoT a check, but spent considerable time looking for ways to truly collaborate.

That attitude - and their time and effort working with us and startups we support - continues to this day, well past the grant period. ” Tom Snyder RIoT, ECOSYSTEM Grant Recipient “Research Triangle Foundation’s work has always been about more than the Park. Our mission, which has been the same since RTP’s founding in 1959, tasks us with creating economic impact for all North Carolinians.

We are thrilled to have the opportunity to do so through NC IDEA’s ECOSYSTEM grant program. ” “It is hard for me to imagine Social Cascade being here without NC IDEA. NC IDEA funds gave us the ability to not only survive, but thrive.

We were able to expand capacity, do more, and achieve more thanks to NC IDEA. We are honored to be a recipient of a SEED grant and part of the growing NC IDEA community. ” Scott McQuiggan Social Cascade, SEED Grant Recipient "NC IDEA was absolutely instrumental in helping me get my idea off the ground and to make the right connections.

It was also instrumental in helping me understand the value of my product and how to communicate that value to potential customers." Marcus Howard Rosa Technology, MICRO and SEED Grant Recipient Please enable JavaScript in your browser to complete this form. Company/Organization Name Privacy: Company/Organization Affiliation