Healthcare company-building profile
NC IDEA
NC IDEA Foundation
AcceleratorGovernment or nonprofit acceleratorNonprofitActive
Source-based profile
Program at a Glance
- Program type
- Accelerator
- Program category
- Government or nonprofit accelerator
- Organization
- NC IDEA Foundation
- Organization type
- Nonprofit
- Location
- Durham, North Carolina
- Company stage served
- Research or idea stage to Seed
- Cohort or participation model
- Competitive grant cycles rather than fixed cohorts
- Investment or funding offered
- Yes
- Published investment terms
- Non-dilutive grants; specific current award amounts Not found
- Equity or fee model
- No equity
- Clinical or hospital connection
- Not publicly documented
- Application status
- Active
- Founded
- 2005
Public description
About the program
NC IDEA is a private foundation supporting North Carolina entrepreneurs through non-dilutive SEED and MICRO grants and ecosystem-building funding across the state. Life sciences and health technology companies are frequent grantees given the Research Triangle's biotech density. NC IDEA also funds partner organizations such as First Flight Venture Center and RIoT that run accelerator programming.
What the program publicly emphasizes
Focus areas and features
Life sciencesHealth technologyStatewide entrepreneurshipGrant funding
- Category: Government or nonprofit accelerator
- Program structure: Competitive grant cycles rather than fixed cohorts
- Published terms: Non-dilutive grants; specific current award amounts Not found
Sources
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