Posts tagged “NC IDEA”
RIoT, which stands for Regional Internet of Things, is a fast-growing organization with nearly 3,000 members that is focused on growing the IoT industry across North Carolina and elsewhere. Earlier this week, the NC IDEA Foundation chose RIoT as one of nine grant recipients sharing nearly $1.2 million. The RIoTers, as they call themselves, are thrilled to have been selected.
NC IDEA is going to provide nearly $1.2 million in funding to a variety of startup and entrepreneurial programs across N.C. Thom Ruhe, CEO of NC IDEA, explains why these groups (American, Underground, Catawba Valley Community College, the CED, Triangle Venture Alliance, First Flight Venture Center, HQ Raleigh, NC RIoT, UNC Charlotte and the Greensboro partnership Entrepreneurs Connection) were awarded grants.
HQ Raleigh really has been more than a shared office space project from its launch nearly three years ago. Networking, mentoring, more. A community. Recent expansion is taking the HQ Raleigh concept to other markets. And now with a $100,000 grant from NC IDEA, HQ Raleigh is embarking on a new incubation effort called HQ BAM. So what is it?
With grants ranging as high as $250,000, the NC IDEA Foundation is providing direct funding support for nine entrepreneurship programs across North Carolina. The grants, which total $1.175 million, are the first in its new Entrepreneurial Ecosystem Partners program.
NC IDEA has steadily been expanding its mission since Thom Ruhe took over as executive director, and the evolution continued on Tuesday with the news that the foundation is taking over operations of SoarTriangle. The group focuses on mentoring women-led startups, and NC IDEA was to explore ways to help, particularly in raising capital.
SoarTriangle, an organization backed by Red Hat and SAS to mentor female-led startups, is becoming part of NC IDEA's community and economic development efforts.
Durham-based RevBoss, founded as a consulting company in 2014, has launched its first product -software as a service that allows B2B firms to push a button and get a sales pipeline.
Is North Carolina the future Napa Valley of oysters? A team of experts in the field of oysters and academics has formed a company, Sandbar Oyster, around a unique patent-pending material that could have an international impact on the oyster industry. Niels Lindquist, one of its founders, shares the company's story after receiving one of the five latest NC IDEA grants.
Helping older adults and their families find solutions to often difficult caregiving decisions is the mission of startup Roobrik, which is one of five winners in the latest round of NC IDEA grants totaling $250,000. In a Q&A, CEO Nate O'Keefe, a veteran entrepreneur, shares the Roobrik story.
Watch out, IoT? ProAxion is one of five winners in the latest round of NC IDEA grants worth as much as $50,000. In a Q&A, CEO Justin Rothwell talks about how the startup's technology could have a major impact on the industry-related Internet of Things.
Five startups, including four from across the Triangle, will receive an injection of funding up to $50,000 from the NC IDEA Foundation. They are the latest emerging companies to win grants through a competitive process that dates back a decade.
From the WTW archive: North Carolina's startup community has come a long, long way since the dark days of the "dot com" bust in 2002. In 2015, startups and emerging companies raised more investment capital than in any year since the boom's pinnacle. While success has many fathers, as the saying goes, one leader deserves a big share of the credit for the revival and the remarkable state of startups today across the state. His name is Dave Rizzo. Here's the backstory - and an appreciation.
Thom Ruhe is wasting little time in putting his own imprint on NC IDEA. Monday's launch of an Ecosystem Partner Grant program is just the start of changes Ruhe will be making as the economic development group evolves into a foundation. So what qualities does he bring to the job? He explains in a Q&A.
Economic development group NC IDEA on Tuesday disclosed the launching of a new grant program. Previously, the group had focused on funding for startups. "The Ecosystem Partner Grant will enable NC IDEA to further its mission by working with partners around the state to foster a diverse, collaborative Community; identify and impact promising Companies; facilitate the formation and multiplication of Capital; nurture and attract world-class Talent while optimizing Connectivity," the group says.