Print
Technology

Four Wilmington Startups Semi-finalists For NC IDEA SEED Grant

By Johanna Cano, posted Mar 25, 2019
Four Wilmington-based startups are among the 27 semi-finalists of the Spring 2019 NC IDEA SEED Grant, according to a Monday news release.

ecoTEKindustries, Product Air Lift Systems Inc., Renaissance Fiber and Swell Systems were chosen out of 151 applicants from all over the state.

“We are pleased by the diversification both demographically and geographically in this group of semi-finalists moving forward,” Thom Ruhe, president and CEO of NC IDEA, said in the release. “We had a difficult task in narrowing down the competitive field of applicants, but look forward to learning more about the group moving forward in the next phase of the process.”

The semi-finalists will submit a full proposal with more details on their companies by April 1.

ecoTEKindustries was founded by Kyle Trivisonno who created a prosthetic leg made out of hemp fibers. As a board-certified technician, Trivisonno wanted to find an alternative to carbon and fiberglass materials which are traditionally used in prosthetics.

Renaissance Fiber is another hemp-focused startup that contracts with farmers to help them grow hemp, sells bulk raw or processed hemp fiber and also does hemp fiber processing.

Swell Systems provides a business management application for entrepreneurs, agencies and small teams. The app offers time-management, organization, sales, team management and marketing tools, according to the company website.

NC IDEA is a private foundation that seeks to support entrepreneurs in the state.

Finalists will present before a panel and recipients of the $50,000 grants will be announced in mid-May.

The grants will help support business activities that advance target market goals and help reduce some of the risks early-stage companies face, according to the release.

Wilmington-based myBeeHyve, which offers a contact management system for marketers, was an NC IDEA SEED Grant recipient in 2018.
Ico insights

INSIGHTS

SPONSORS' CONTENT
Aaeaaqaaaaaaaaidaaaajdhiztrkodm0lte2yjetngrkmy1hotrmltawmdvlmwqyztmymw

CIE Launches a Proven Program to Propel Startup Success

Diane Durance - UNCW Center for Innovation and Entrepreneurship
Deedee gasch

Splash Into Summer with These Swimming Pool Safety Tips

Deedee Gasch - Cranfill Sumner & Hartzog LLP
Sherrip2019 insights profile

That’s Who We Are

Sherri Pridgen - Cape Fear REALTORS®

Trending News

More Retail Tenants Announced For RiverLights In Wilmington

Cece Nunn - Jul 22, 2019

Proclaim Interactive Acquires Raleigh Marketing Agency

Johanna Cano - Jul 22, 2019

In The Current Issue

Hammering For More Of The Market

A Wilmington-based hammer manufacturer is making more than 580 different varieties of one of the world’s simplest tools....


Building UNCW's Future

In his first year as chancellor of University of North Carolina Wilmington, Jose Sartarelli led the development of a fiveyear strategic plan...


Report: Airbnb, Hotels Don't Exactly Compete

While alternative lodging offered through Airbnb is gaining in popularity – and availability – travel officials say it’s not necessarily hur...

Book On Business

The 2019 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

Power Breakfast - The H Word (June 13, 2019)
2019 WilmingtonBiz Expo Keynote Lunch - CEO, nCino, Pierre Naude`
Health Care Heroes 2018