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One North Carolina Small Business Grants Go to 29 Companies

Date: 11/17/2016

Contact: Governor's Press Office
Phone: 919 814-2100

Raleigh, N.C. - Governor Pat McCrory and Commerce Secretary John E. Skvarla, III announced today that $1.7 million from the One North Carolina Small Business Program has been awarded to 29 small companies across 13 North Carolina communities. The companies will use the funds to develop new products, hire additional employees, and purchase equipment and materials.

“The One NC Small Business Program helps spur the growth of companies with strong chances of becoming the powerhouse employers of tomorrow,” said Governor McCrory. “This program is a critical tool to help expand our state’s innovation economy.”

The program provides state grants to match federal funds awarded through the highly competitive Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, which help companies develop new and innovative technologies that have high potential for commercialization.

Data shows that the program helps young technology companies survive. Since the program’s creation in 2005, 85 percent of grant recipients are still in business. Moreover, 98 percent of the surviving companies are still based in North Carolina.

Reflecting the state’s strengths in biosciences, 86 percent of the awards went to businesses in this industry. The majority of these companies were in biotechnology segments, followed by pharmaceuticals, general medical, medical software and hardware, and advanced materials.

Clairvoyant Technology LLC, a current recipient, is developing new wireless and sensor technology to track objects in areas such as agriculture and manufacturing. “The One NC Small Business matching program has allowed us to expand our research and development capabilities through the addition of sophisticated test and measurement equipment, further allowing us to develop our products,” said Dr. Thomas Frederick, president of Clairvoyant. The Durham company currently has seven employees.

The Office of Science, Technology & Innovation, part of North Carolina Commerce, is still accepting grant applications for the 2017 fiscal year. Eligible applicants must receive a federal SBIR/STTR grant between July 1, 2016 to June 30, 2017. The program awards funds on a first-come, first-serve basis until funds are exhausted. For additional information, see the current solicitation here.

One North Carolina Small Business Awards, July 1, 2016 - October 30, 2016:

Grant Amount  Company Name
 City Project
$65,000 Advanced Hydrogen Technologies Hickory New materials for human joints
$65,000 Affinergy Research Triangle Park Improvements in the quality of saliva/mucus slides
$49,944 Algaen Winston-Salem New forms of Omega-3 for cardiovascular disease
$37,500 Assist Equipment Development Cary A socket-suspension system for amputees
$65,000 Baebies Durham Devices for fast screening of newborns
$48,214 BioMojo Cary Bio-mathematical models of tissues and organ properties
$65,000 Camras Vision Research Triangle Park Development of a new-generation shunt to enable precise control of intraocular pressure
$65,000 Chaperone Therapeutics Chapel Hill Drug for prevention of noise-induced hearing loss
$65,000 CivaTech Oncology Research Triangle Park Evaluation of new treatments for pancreatic cancers
$49,850 Clairvoyant Technology Durham Location tracking of livestock using sensor tags
$65,000 Clinical Sensors Durham Sensors that identify wounds unlikely to heal
$32,347 Collaborations Pharmaceuticals Fuquay Varina More effective and less intrusive drugs for tuberculosis
$49,900 CTW Development Company Charlotte Minimization of landed parachute evidence
$65,000 Dignify Therapeutics Research Triangle Park A new product that induces "on demand" bladder voiding
$65,000 Element Genomics Bahama Technology for screening of gene regulation
$65,000 Enformia Huntersville Diagnostics for neuro problems from cancer therapies
$65,000 EpiCypher Durham Novel therapies for certain types of cancer
$43,155 Geometric Data Analytics Chapel Hill Use of multiple data sources for big data insights
$65,000 Health Outcomes Chapel Hill Using smartphones for early detection of schizophrenia
$65,00 HepatoSys Cornelius Re-use of human livers declined for transplant
$30,000 InnAVasc Medical Durham New vascular grafts to improve dialysis operations
$65,000 Lumedica Durham Low-cost retinal screening for doctor's offices
$61,724 Neuro10-9 Pharma Chapel Hill Nasal drug for the treatment of obesity
$65,000 OncoTAb Charlotte Development of targeted therapies for tumors
$65,000 Prevention Strategies Greensboro Data analytics and modeling for bio-informatics
$65,000 Ribometrix Greenville Commercialized drugs for faulty genes
$65,000 Sirga Adv. Biopharma Research Triangle Park New drugs for drug resistant HIV
$65,000 SonoVol Research Triangle Park New drugs for liver diseases
$65,000 Zen-Bio Research Triangle Park A novel class of anti-acne therapeutics


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