Press release from Governor Roy Cooper’s press office:
A total of 32 small, technology-oriented companies across 18 North Carolina communities will get $1.9 million to help them grow and provide good jobs, Governor Roy Cooper announced today. These are the latest round of grants from the state’s One North Carolina Small Business program, an important source of capital that helps early-stage technology companies bridge the challenging period between initial development of a new technology and the point where sales revenue from a new product is generated.
“These grants are a critical tool to help spur new products and industries, increase the number of high-paying jobs across the state, and improve quality of life in our communities,” Governor Cooper said.
The One NC Small Business Program, managed by the North Carolina Department of Commerce’s Office of Science, Technology & Innovation, provides state grants that match federal funds awarded through the highly competitive Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. These federal programs help small companies develop new and innovative technologies that have high potential for commercialization. North Carolina’s matching funds help companies hire additional employees, purchase equipment, materials and services and cover some expenses not provided for under the federal programs.
Since 2006, the One North Carolina Small Business program has helped more than 250 companies in 47 cities and 25 counties across the state develop and bring to market hundreds of high-tech products. North Carolina is among a handful of innovative states that have chosen to help bolster their economy this way.
See list of awards [for Asheville-based companies] below:
Ambient Logic, LLC of Asheville: $49,910 to create a geospatial sound model that estimates multiple indicators of the background noise across the United States to better understand the effect ambient noise is having on the population. This project is sponsored by the Department of the Army in the Department of Defense.
Blue Ridge Research and Consulting, LLC of Asheville: $49,898 to develop a geospatial data-based ambient sound model to better map biological, geophysical, and anthropogenic ambient sounds in rural and urban environments. This project is sponsored by the Department of the Army in the Department of Defense.
For additional information about the One North Carolina Small Business program, see nccommerce.com/sti/grant-programs/one-nc-small-business-program.
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