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Funding

There are many resources available to help university innovators launch, build, and scale a new venture. Learn more about funding opportunities available at the university, regional, and state, and national level.

Pre-Launch

Access funding to support exciting research prior to company formation.

Chancellor’s Innovation Fund

NC State’s Chancellor’s Innovation Fund (CIF) provides university researchers with short-term funding for commercially-oriented research projects. CIF funding includes:

  • $50,000 to support research activities and expenses
  • $46,500 to support commercialization-activities such as new startup formation, customer discovery travel, and more

Explore Pre-Launch Support

Check out other programs and resources available to NC State research teams exploring commercialization.

Launch

Discover funding that can help launch a new research-based startup.

SparkPlug

ORC SparkPlug is a competitive program that provides up to $5,000 in grant funds to NC State startups that enables them to work with professional grant writers to increase their chances of success in winning federal SBIR/STTR funding.

Daugherty Endowment

NC State’s Daugherty Endowment Fund is an annual business plan competition for startups that have licensed NC State intellectual property within the last three years. $50,000 is awarded each year to the top 3 startups.

Discover Launch Support

Check out other programs and resources available to newly formed NC State startups.

Build

Leverage funding to support the growth of an early-stage startup company.

SparkPlug

ORC SparkPlug is a competitive program that provides up to $5,000 in grant funds to NC State startups that enables them to work with professional grant writers to increase their chances of success in winning federal SBIR/STTR funding.

Daugherty Endowment

NC State’s Daugherty Endowment Fund is an annual business plan competition for startups that have licensed NC State intellectual property within the last three years. $50,000 is awarded each year to the top 3 startups.

Access Build Support

Check out other programs and resources available to NC State startups building a strong company foundation.

Scale

Access funding to accelerate the time to market for a research-based startup.

SparkPlug Funds

ORC SparkPlug is a competitive program that provides up to $5,000 in grant funds to NC State startups that enables them to work with professional grant writers to increase their chances of success in winning federal SBIR/STTR funding.

Wolfpack Investor Network

NC State’s Wolfpack Investor Network (WIN) is an angel investing platform that engages and leverages the power of the NC State alumni network. WIN matches NC State alumni investors with NC State startup companies to support growth and success.

Foreign Investment

University spinouts should be cautious when accepting investment from foreign-origin private investment groups to avoid being exploited by foreign threat actors.

Leverage Scale Support

Check out other programs and resources available to NC State startups scaling their operations for success.

Want to learn more?