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18 Sep 2025
News
Addressing a well-known gap that many innovative companies face, today the North Carolina Board of Science, Technology & Innovation announced its latest round of funding to small businesses developing and commercializing new technologies in North Carolina. In fiscal year 2024-2025, 90 small businesses in 21 counties received 102 awards from the One North Carolina Small Business Program, providing $4.12 million for innovation in a variety of industries, including pharmaceuticals, energy, advanced materials, and agriculture.
“North Carolina is home to thriving, high-demand sectors, including life sciences and advanced manufacturing, that propel our economy forward,” said Governor Josh Stein. “By supporting small businesses at a critical stage of their growth, these grants help drive job creation and economic prosperity.”