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NCInnovation announces funding for more university research to industry projects

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The Story

RALEIGH — NCInnovation, the university research accelerator nonprofit, has announced the approval of $10 million in funding for 13 projects spanning 11 schools in the UNC System.

“NCInnovation’s December 2025 slate represents some of the strongest university-to-industry opportunities emerging anywhere in the country,” said Michelle Bolas, the group’s acting president and CEO, in a press release.

Bolas was named to her role in mid-November. She replaced CEO J. Bennet Waters, who stepped down Nov. 30.

According to the press release, the latest round of funding brings NCInnovation’s (NCI) “cumulative commitment” to $29 million.

“Our universities are solving real problems, such as, improving manufacturing reliability, advancing next-generation medical treatments, and strengthening cybersecurity education,” said Bolas. “The overall goal is to support innovations that keep value in North Carolina by contributing to economic development throughout the state.”

“These projects show how applied research, when rigorously reviewed and matched with the right support, can meaningfully strengthen North Carolina’s competitiveness,” said Deanna Ballard, the chair of the Programs Committee and member of the NCI Board of Directors. “I’m grateful to our external reviewers and staff for the diligence they bring to this work.”

Full story: NCInnovation announces funding for more university research projects | The North State Journal