NC IDEA’s mission is to maximize the economic potential of the people of North Carolina by supporting the formation and fruition of high-growth entrepreneurial endeavors in the state. Today, the organization fulfills this mission through two distinct grant programs.
The Foundation's Seed Grant program provides grants to North Carolina-based startup companies to support business activities that validate potential markets, reduce risk associated with early stage companies and advance startups to a level where they are attractive and prepared for further investment. Since the program's inception, NC IDEA has awarded over $4.75 million in grants to 114 high-growth companies across the state.
The Ecosystem Partner Grant program funds organizations across the state that execute creative programs to support entrepreneurs. This program was launched in 2016 and is currently working with its first cohort of ten grant recipients.