One North Carolina Small Business Program

About

The One North Carolina Small Business Program offers grant funding to small innovative businesses in North Carolina, specifically those involved in technology, engineering, and mathematics, to support their participation in federal SBIR/STTR programs, enhance their research and development capabilities, and promote economic growth in the tech industry.

Benefits

• 💰Incentive Funds
  Reimbursement for eligible expenses related to preparing and submitting federal SBIR/STTR Phase I applications, with a total funding of $200,000 for approximately 25 projects
• 💵Matching Funds
  Funding of about $1.876 million available for businesses that have received federal SBIR/STTR Phase I funding, supporting around 25 matching fund projects
• 🌐Economic Development
  Aims to bridge the gap between innovation and market, promoting job creation and technology industry growth
• 📈R&D Support
  Enhances research and development capabilities and funding conditions for eligible startups
• 🎤Exposure Opportunities
  Access to a network of resources and potential investors through the program

Eligibility Criteria

• Open to small innovative businesses located in North Carolina
• Must focus on technology, engineering, mathematics, or related fields
• Must be participating in the federal SBIR or STTR programs
• Must qualify as a small business according to federal standards
• Must be engaged in innovative activities that promote technology commercialization

Participation Commitments

• Must review the latest application guidelines and conditions before applying
• Engagement in the preparation and submission of federal SBIR/STTR applications
• Requirement to report on the use of funds received through the program
• Must comply with all federal and state regulations related to the funding

Target Sector

Technology and Innovation

Target Location

North Carolina, USA