Leantime Selected as one of 23 Semi-Finalists for NC IDEA Seed Grant

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The following press release showcases the details as shared by NC IDEA:

NC IDEA Selects 23 Semi-Finalists from Across the State in Fall 2023 SEED Grant Cycle

Semi-Finalists Seeking $50,000 Each in NC IDEA’s 36^th SEED Grant Cycle

DURHAM, NC – September 25, 2023 – NC IDEA, a private foundation committed to supporting entrepreneurial ambition and economic empowerment in North Carolina, announced today that the organization has selected 23 semi-finalists from across the state in its 36^th SEED grant cycle.

“Again, we were faced with the difficult challenge of narrowing down a competitive field of demographically and geographically diverse applicants,” said Thom Ruhe, President and CEO of NC IDEA. “We look forward to learning more about the group moving forward to the next phase,” Ruhe added.

The 23 Fall 2023 NC IDEA SEED Semi-Finalists include:

·   18 Chestnuts – Asheville, NC

·   Bristles, Inc. – Durham, NC

·   Cellular Farms – Charlotte, NC

·   Charvonia Design – Huntersville, NC

·   DEI Directive – Charlotte, NC

·   DNAli Data Technologies – Cary, NC

·   FemHealth Insights – Raleigh, NC

·   Flexie Inc. – Charlotte, NC

·   Framewrk – Charlotte, NC

·   GameFlo Inc. – Chapel Hill, NC

·   GreenLifeTech Corporation – Banner Elk, NC

·   HUB Healthcare – Raleigh, NC

·   Information Patterns – Durham, NC

·   Kahana Group Inc. – Durham, NC

·   Leantime – Charlotte, NC

·   MyMatR, Inc. – Raleigh, NC

·   Nutrible – Concord, NC

·   nvend inc. – Durham, NC

·   Picx, Inc. – Matthews, NC

·   RhizeBio, LLC – Mount Holly, NC

·   Three Strands Recovery Wear – Salisbury, NC

·   TSV Analytics – Hendersonville, NC

·   Undecided – Raleigh, NC

NC IDEA has invited the semi-finalists to submit a full proposal with greater details by early October. Finalists will then be selected to present before a review panel of ecosystem partners, industry experts, entrepreneurs, and experienced investors. Grant recipients will be announced live on November 15^th at NC IDEA’s Ecosystem Summit in Raleigh. The $50,000 grants are intended to support business activities that validate target markets, reduce the risk associated with early stage companies, and help companies reach the point of suitability for growth through investment or revenue.

About NC IDEA Foundation

NC IDEA is an independent private foundation committed to equitably empowering North Carolinians to achieve their entrepreneurial potential. Through our powerful combination of competitive grants and programs and a network of strategic partners, we help entrepreneurs when they need it most. NC IDEA’s resources are highly competitive, enabling the Foundation to support North Carolina’s most ambitious entrepreneurs. We believe entrepreneurs transform communities and view our work as a catalyst for positive change. Learn more at ncidea.org.