NC IDEA is a nonprofit organization based in Durham, North Carolina, dedicated to supporting early-stage, high-growth technology companies. Since its inception in 2005, NC IDEA has provided critical funding through its grant programs, including NC IDEA SEED, which offers $50,000 grants to innovative startups with proven concepts, and NC IDEA MICRO, which provides $10,000 to help young companies validate and advance their ideas. Through these initiatives, NC IDEA aims to reduce the risks associated with scaling startups while also offering mentorship and guidance. The organization has awarded over $7.2 million in grants to 161 companies, with nearly 70 percent still operating today. Collectively, these companies have raised over $295 million in additional funding and created more than 1,860 jobs, demonstrating the significant impact of NC IDEA on the entrepreneurial ecosystem in North Carolina.
The Natural Capital Investment Fund Providing loans and technical assistance to support small businesses that have a big impact. NCIFund is a Maryland nonstock corporation that is a 501(c)(3) organization and a certified Community Development Financial Institution. It is recognized as a supporting organization to The Conservation Fund under the Internal Revenue Code. It supports entrepreneurs who are creating jobs and businesses in underserved communities in central Appalachia and the Southeast. By providing flexible capital and advisory services to small businesses, agricultural enterprises, and community organizations, they catalyze environmentally and socially responsible business development and wealth creation in the rural, minority, and low-wealth communities.
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