Breaking News
More () »

101 North Carolina small businesses win grants to build next-generation technologies

The One North Carolina Small Business Program awarded a total of $4.95 million to innovative companies in 22 counties across the state.
Credit: mizinra - stock.adobe.com
Desk with business accessories, calculator, documents with charts, fountain pen, laptop and paper for notes with text Get a grant. With lights effects

CHARLOTTE, N.C. — The North Carolina Board of Science, Technology & Innovation announced Thursday that 101 North Carolina small businesses have received 117 grants to advance the commercialization of innovative new technologies. 

The One North Carolina Small Business Program awarded a total of $4.95 million to innovative companies in 22 counties across the state.

MORE ON WCNC: 'It’s surreal' | Residents move into new Hickory affordable housing

“Support for early-stage technology companies pays off in better jobs, more investment, and new ways to make our state a great place to live and do business,” Governor Roy Cooper said. “These small businesses are tackling society’s most pressing challenges in many areas, including the life sciences, defense, and clean energy. Innovative small companies drive growth and competition, keeping our economy healthy and quality of life high.”

For the latest breaking news, weather and traffic alerts, download the WCNC Charlotte mobile app.

The One North Carolina Small Business Program, established in 2005, provides state grants to companies that are pursuing or have won federal awards through two highly competitive federal programs, the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. These federal programs, referred to as America’s Seed Fund,™ support small businesses that are developing technologies with a high potential for commercialization. The SBIR and STTR programs are the single largest source of early-stage technology development and commercialization funding for small businesses—more than $3.7 billion annually nationwide.

MORE ON WCNC: Mecklenburg County commissioners unanimously approve plan to keep east Charlotte apartments affordable

You can stream WCNC Charlotte on Roku and Amazon Fire TV, just download the free app.

“Innovation drives our economy forward, and small businesses are the very best incubators of innovation,” North Carolina Commence Secretary Machelle Baker Sanders said. “The One North Carolina Small Business Program has supported the state’s small technology businesses for many years and I’m proud we’ve been able to extend the program’s reach and boost the number of small companies engaged with the program.”

WCNC Charlotte is always asking "where's the money?" If you need help, reach out to WCNC Charlotte by emailing money@wcnc.com.

Wake Up Charlotte To Go is a daily news and weather podcast you can listen to so you can start your day with the team at Wake Up Charlotte.  
SUBSCRIBE: Apple Podcasts || Spotify || Stitcher || TuneIn || Google Podcasts   

All of WCNC Charlotte's podcasts are free and available for both streaming and download. You can listen now on Android, iPhone, Amazon, and other internet-connected devices. Join us from North Carolina, South Carolina, or on the go anywhere. 

Before You Leave, Check This Out