The Center for Entrepreneurship and Innovation receives a grant to assist local small and startup businesses in the Western North Carolina region.
On November 15th, the North Carolina Idea (NC Idea) held its annual grant award ceremony in Winston-Salem, where dozens of applicants from across the state gathered to compete for the coveted ECOSYSTEM Grant Award. The ECOSYSTEM Grant program, which is designed to support innovative and transformational ideas that will strengthen North Carolina's entrepreneurial ecosystem, is a highly competitive grant program with only ten applicants being selected each year.
This year, the Center for Entrepreneurship and Innovation (CEI) was one of the lucky winners, receiving a grant check for $100,000 from NC Idea CFO Ben Redding. The CEI plans to use the grant to boost economic development in western North Carolina by building partnerships between faculty members (and in some cases, students) and local small or start-up businesses through a consultancy-type arrangement.
The CEI's Director, Todd Creasy, expressed his excitement about the grant, stating that the funding will allow the center to continue its mission of fostering entrepreneurship and innovation in the region. He also noted that the partnerships between the CEI and local small businesses will provide valuable resources and support to help these businesses succeed and grow.
The ECOSYSTEM Grant program is just one of many initiatives that NC Idea offers to support entrepreneurs and small businesses in North Carolina. If you're an entrepreneur or small business owner looking for resources and support, be sure to check out the NC Idea website at www.ncidea.org. Additionally, for more information about the Center for Entrepreneurship and Innovation, please visit their website at www.wcucei.com
Ben Redding (left), CFO of NC Idea, presents Todd Creasy (right), Director of Corporation for Entrepreneurship and Innovation, with a grant check for $100,000 at the NC Idea grant award ceremony on November 15th in Winston-Salem, NC.