The board of NCInnovation has hired Wells Fargo to serve as the nonprofit’s investment adviser. The move came last week, and complied with a state-law requirement that NCInnovation use an outside firm to “manage and invest” the endowment legislators seeded with $500 million in taxpayer money. Wells was one of 17 firms that initially applied. […]
Outgoing Rep. Wayne Sasser, R-Stanly, will be joining the board of NCInnovation via an appointments bill legislators passed just before the Thanksgiving holiday. Sasser will become one of the House’s four appointees to the board. The Albemarle pharmacist, 74, replaces Beth Friedrich, a former aide to outgoing Speaker Tim Moore who recently resigned her seat […]
NCInnovation has opened the application process for its next round of grants, and is seeking proposals from applied researchers in the UNC System who are looking to commercialize their work. Pre-applications are due by Dec. 13, with a screening process to follow to winnow the collection down to a subset of researchers who will be […]
NCInnovation and the UNC System have nearly doubled the number of system universities that are functioning as hubs for the effort to bolster the commercialization of faculty research. Appalachian State, Fayetteville State and UNC Wilmington are joining a network that already included East Carolina, UNC Charlotte, N.C. A&T State and Western Carolina University. UNC System […]
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