One North Carolina Small Business Program

The One North Carolina Small Business Program offers two grant opportunities for small businesses in the state. The Incentive Funds initiative provides reimbursement to qualified businesses for a portion of the costs incurred in preparing and submitting Phase I SBIR or STTR proposals to federal agencies. A pool of $400,000 is available for these preparation grants in the 2023-24 fiscal year. The Matching Funds portion of the program awards matching funds to businesses who have already received a federal Phase I SBIR or STTR award. In the current fiscal year, a pool of more than $2.4 million is available to support this class of grants. To apply for either the Incentive or Matching grant solicitations, interested organizations can visit commerce.nc.gov/grants-incentives/technology-funds/one-north-carolina-small-business-program. Applications will be accepted until June 30, 2024, or until funds have been exhausted for the program’s 2023-24 fiscal year funding cycle.