24 emerging startups land $1.1M in NC grants to match federal awards

RALEIGH – Operating under new criteria that means more funds in North Carolina’s 80 most distressed counties, the One NC Small Business Program is awarding 24 emerging startups with $1.1 million in grants.

The funds match awards these companies have received through the federal Small Business Innovation Research and Small Business Technology Transfer programs. The federal grants are designed to help companies commercialize new and emerging technologies.

The 24 companies are spread across 14 cities and towns, including Mount Airy, Locust, Graham, Wilmington, Asheville, Sanford, Huntersville and Elizabeth City. Most recipients are located in the Triangle.

“These innovative companies have the ideas to succeed but need help with seed money to create new technologies and bring them to market,” said Governor Roy Cooper in announcing the grants. “These grants can help spur new products and industries, increase the number of high-paying jobs across the state, and improve our quality of life.”

The state program launched in 2006 and through 2017 has produced more than 900 jobs while enabling companies to land some $500 million in additional investment and generated $125 million in sales, according to the NC Department of Commerce.

Grant recipients with information provided by the state:

Adamas Nanotechnologies, Inc. of Raleigh: $50,000 to develop multicolor fluorescent nanodiamonds for improved imaging in cancer research and diagnostics. This SBIR project is sponsored by the National Institutes of Health, Department of Health and Human Services.
Altis Biosystems, Inc. of Chapel Hill: $50,000 to develop a stem cell co-culture cassette for advanced compound screening to make drug discovery faster and cheaper. This SBIR project is sponsored by the National Institutes of Health, Department of Health and Human Services.
Arcato Laboratories, Inc. of Greenville: $34,986.50 to develop a local treatment for pain associated with tooth extraction that does not include opiates in the medication. This STTR project is sponsored by the National Institutes of Health, Department of Health and Human Services.
Arrevus, Inc. of Raleigh: $50,000 to develop an in vitro assay to aid in the treatment of antibiotic-resistant infections. This STTR project is sponsored by the National Institutes of Health, Department of Health and Human Services.
Energyxchain, LLC of Huntersville: $50,000 to create a blockchain technology platform to track and improve efficiency in the natural gas industry’s contract/permissions, operations and settlement transaction processes. This SBIR project is sponsored by the National Science Foundation.
Goldfinch Sensor Technologies and Analytics, LLC of Cary: $50,000 to assess and model the feasibility of a new sensor to measure voids that cause weaknesses in systems of energy production. This SBIR project is sponsored by the Department of Energy.
Haw River Mushrooms, LLC of Graham: $50,000 to develop a replicable farming model ideal for small and mid-sized farms that can efficiently produce gourmet mushrooms, medicinal and culinary herbs, and vermicompost. This SBIR project is sponsored by the Department of Agriculture.
Ingateygen, LLC of Elizabeth City: $50,000 to develop a commercial prototype for a hypoallergenic peanut to combat peanut allergies and potential food recalls. This SBIR project is sponsored by the National Science Foundation.
Intelli-Products, Inc. of Asheville: $50,000 to build and test an automated assembly system to reduce installation costs of solar panel arrays. This SBIR project is sponsored by the Department of Energy.
Isolere Bio, Inc. of Durham: $50,000 to develop a faster and more cost-effective method for the purification of antibodies during drug development. This SBIR project is sponsored by the National Institutes of Health, Department of Health and Human Services.
Kepley Biosystems, Inc. of Greensboro: $50,000 to validate a renewable approach to horseshoe crab blood harvesting that decreases the mortality rates of crabs and increases their long-term sustainability. This SBIR project is sponsored by the National Science Foundation.
Praetego, Inc. of Durham: $50,000 to develop and test new drugs for treating neuropathy caused by diabetes. This SBIR project is sponsored by the National Institutes of Health, Department of Health and Human Services.
Primeneuro, Inc. of Durham: $50,000 to develop software methods and algorithms for improved detection of autism spectrum disorder. This SBIR project is sponsored by the National Institutes of Health, Department of Health and Human Services.
Rescindo Therapeutics, Inc. of Cary: $50,000 to develop a new therapeutic agent for the treatment of Kabuki Syndrome, a pediatric congenital disorder. This SBIR project is sponsored by the National Institutes of Health, Department of Health and Human Services.
Secmation, LLC of Raleigh: $50,000 to develop high-assurance software cryptography to increase the security of communications in small defense satellites. This SBIR project is sponsored by the United States Air Force, Department of Defense.
Sinnovatek, Inc. of Raleigh: $48,958.50 to develop a low-cost and portable small-scale thermal processing system to help farmers get more of their products to market and reduce food waste. This SBIR project is sponsored by the Department of Agriculture.
Studio Hagler, LLC of Chapel Hill: $50,000 to develop a bassinet to support the safe implementation of skin-to-skin contact for mothers and newborns. This SBIR project is sponsored by the National Institutes of Health, Department of Health and Human Services.
Treadwell Corporation of Wilmington: $43,260 to develop momentum-enabled treadling methodology and device to improve mobility in patients with peripheral arterial disease. This STTR project is sponsored by the National Institutes of Health, Department of Health and Human Services.
Triangle Biotechnology, Inc. of Chapel Hill: $50,000 to advance a nanodroplet reagent to decrease cost and increase speed and consistency in genetic sequencing. This SBIR project is sponsored by the National Institutes of Health, Department of Health and Human Services.
United Protective Technologies, LLC of Locust: $24,784.50 to develop nanocomposite gear coatings to increase fuel efficiency and reduce maintenance in air and ground vehicles. This SBIR project is sponsored by the Special Operations Command, Department of Defense.
Upstream Biotechnology, Inc. of Sanford: $50,000 to develop broad-spectrum, disease-resistant soybeans to enhance crop yield potential. This SBIR project is sponsored by the National Science Foundation.
Vigilant Cyber Systems, Inc. of Mount Airy: $50,000 to develop an electromagnetic, battle damage assessment toolkit to assess the effects of high-power electromagnetic attacks. This SBIR project is sponsored by the United States Air Force, Department of Defense.
Voxel Innovations, Inc. of Raleigh: $50,000 to develop and test additive components and methods for heat-free, stress-free surface finishing in rocket engine pumps, turbine blade tips, and other turbomachinery. This SBIR project is sponsored by the United States Navy, Department of Defense.
Zymeron Corporation of Durham: $50,000 to develop a targeted and sustained-release aspirin formulation for preventing colon cancer. This SBIR project is sponsored by the National Institutes of Health, Department of Health and Human Services.