NC IDEA Black Entrepreneurship Council Marks Third Year With $2M+ In Grants

NC IDEA Black Entrepreneurship Council Marks Third Year With $2M+ In Grants

Excerpt from GrepBeat:

Marking its third-year anniversary this August—which is also National Black Business Month—NC IDEA’s North Carolina Black Entrepreneurship Council (NC BEC) has awarded over $2 million in grants to Black entrepreneurs, entrepreneurial support organizations and Historically Black Colleges and Universities (HBCUs) across the state.

Here’s a look at the impact of the council’s grants:

  • The seven startup grant recipients—dubbed GROWTH grants—have created 66 jobs and raised $9 million in outside funding
  • The 23 support orgs have helped 285+ companies and hosted 1,500+ events
  • The five HBCU grantees will deploy $150,000 each for entrepreneurial curriculum and resources

Among the GROWTH grant recipients is Sonja Ebron, Co-Founder and CEO of Durham-based Courtroom5, a low-cost automated legal information service that helps people represent themselves in civil court.

“What I love most about NC IDEA is they are firmly committed to the goal of growing entrepreneurship in the state,” Ebron said.

— Jackie Sizing for GrepBeat

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