What is the Ventureprise Launch NC IDEA Program?
Ventureprise was awarded an NC IDEA Foundation ecosystem grant to bring the Ventureprise Launch customer discovery program to early-stage, innovation-driven startups in Charlotte and western North Carolina.The curriculum takes early stage entrepreneurs through customer discovery and business model generation activities modeled after the National Science Foundation Innovation Corps (NSF I-Corps). Ventureprise operates a NSF I-Corps Site for university technology commercialization and is trained to offer the curriculum.
Ventureprise Launch NC IDEA Program is designed to succeed at the most critical phase of commercializing an innovation– the opportunity assessment– through customer discovery. Successful participants and teams are agile. They participate to discover the business model that provides the best opportunity to accelerate profitable commercialization of their innovation. Ventureprise Launch is best described as a boot-camp for innovators and is designed to challenge you at every turn.
- Customer Discovery
- Network building
- Go/No-Go decision to move forward
- Teams are better prepared to compete for NC IDEA Seed grant, Charlotte Venture Challenge and angel investment
"This program helped us understand what pains our product solved and we were able to refine our mission statement, which is very important at this stage."
Mark Vande Guchte, FixMob
Since inception in 2006, NC IDEA Foundation has supported over 250 companies through its grants and programs. Their work is based on a simple but powerful goal; foster economic development in North Carolina by helping young startups commercialize their innovations. In turn, these companies will grow and create a lasting impact in the community and beyond by securing investment, creating jobs and building wealth.
Applying to the Program
Are you ready to dive into your business plan and addressable market, find ready customers and ultimately answer the question,
"Does my innovation have me solving a problem that many people want (or need) me to fill?
- Team with an innovation-driven venture suitable for national or international market
- Market testing, Minimal Viable Product or Beta Prototype
Teams will be expected to make a commercial viability decision at the end of the program. Successful completion of the program will benefit teams in their search for funding, including the NC IDEA Seed Grant ($50,000).
Ventureprise Launch nc idea program statistics
Since inception in 2017, the Ventureprise Launch NC IDEA program has served 40 Charlotte and western Carolina companies.
47 Alumni teams
40 companies active
$3.3M funds raised
Applications and Information
For more information, contact Laura Smailes, Assistant Director, Ventureprise
Lsmailes@uncc.edu or 704 687-5675