Ecodyst Selected As Finalist For NC IDEA Foundation Grant

Ecodyst has been selected as one of the Eleven Finalists for the NC IDEA Foundation Seed Grant, below is a press release by NC IDEA Foundation announcing the finalists.


NC IDEA Foundation Selects Eleven Finalists from Across the State
in Fall 2016 Seed Grant Cycle

Finalists Seeking up to $50,000 Each in NC IDEA’s 22nd Grant Cycle

DURHAM, NC – November 22, 2016 – NC IDEA, a private foundation committed to supporting entrepreneurial business innovation and economic advancement in North Carolina, announced today that it has selected eleven finalists from across the state in its 22nd seed grant cycle. These finalists were chosen from the 25 semi-finalists that had been selected out of the 142 competitive applications received earlier this year.

The eleven NC IDEA Fall 2016 Seed Grant Cycle finalists include:

  • Catalant – Greensboro, NC
  • Decision Point Informatics – Winston-Salem, NC
  • Ecodyst – Cary, NC
  • Kepley BioSystems – Greensboro, NC
  • Orchid Gene – Morrisville, NC
  • Otterplan – Charlotte, NC
  • Planktos Instruments – Morehead City, NC
  • Ravioli Labs/AllStacks – Raleigh, NC
  • Twistek – Waynesville, NC
  • WhiteHatAI – Durham, NC
  • Zenworkforce – Wake Forest, NC

“NC IDEA’s competitive finalist pool continues to reflect the expansion of entrepreneurship across the state,” said Thom Ruhe, President and CEO of NC IDEA. “We are seeing unprecedented levels of activity across geography and sectors, both of which are indicative of North Carolina’s growing innovation economy.”

The finalists will present before a review panel comprised of experienced investors, industry experts and entrepreneurs. Grant recipients will be announced in mid-December. The grants, which are up to $50,000 per recipient, are used to support a variety of activities for the growth of nascent firms. In addition to the funding, winners will also benefit from mentoring by successful entrepreneurs and experienced investors; use of MBA interns; in-kind services from attorneys, accountants and marketing consultants; public recognition and access to growth capital.