U.S. Department of State logo
U.S. Department of State

Daugherty Endowment

Awards up to $25,000 to NC State startups that win its annual business-plan competition.

Between cyclesU.S. Department of StateUnited States

The Richard L. and Marlene V. Daugherty Centennial Campus Entrepreneurial Endowment funds this annual business-case competition for NC State startups built on licensed NC State intellectual property. Entrants submit a two-page executive summary in the first round, and the Daugherty Endowment Governance Board selects finalists to submit a five-page written business case and pitch live before it picโ€ฆ

Open only to NC State startup companies built on NC State-owned intellectual property they licensed within the past three years. The Board is looking for a strong executive summary and business plan that shows the company can put licensing income and follow-on investment to work.

CycleiHow often this grant runs - e.g. annually, on a rolling basis, or a one-off call.Annual
Next deadlineiThe next date applications are due. Rolling means you can apply any time.-
Decision timeiTypical time from the deadline to the funder's decision.-
Project durationiHow long the funded work is expected to run.-
Award typeiThe form of funding - grant, equity, loan, tax credit, etc.Prize
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.-
Funding pooliThe total budget available across all awards in this round.-

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