Accessing Economic Development Funding in Rural North Carolina

GrantID: 15184

Grant Funding Amount Low: $26,000,000

Deadline: Ongoing

Grant Amount High: $156,000,000

Grant Application – Apply Here

Summary

This grant may be available to individuals and organizations in North Carolina that are actively involved in Research & Evaluation. To locate more funding opportunities in your field, visit The Grant Portal and search by interest area using the Search Grant tool.

Explore related grant categories to find additional funding opportunities aligned with this program:

Higher Education grants, Research & Evaluation grants, Science, Technology Research & Development grants.

Grant Overview

Priority Outcomes for North Carolina's Engineering Research Centers

North Carolina is poised to make significant strides in engineering research, driven by its strong academic institutions, research centers, and industry partnerships. The Banking Institution's Funding for Engineering Research grant program is a key catalyst for advancing the state's research capabilities, particularly in high-risk, high-payoff areas. To maximize the impact of this funding, it is essential to identify and prioritize specific outcomes that align with the state's strengths and needs.

Advancing Engineered Systems Technology

One of the primary priority outcomes for North Carolina is advancing engineered systems technology through multidisciplinary, cross-sector partnerships. The state's research institutions, such as North Carolina State University and the University of North Carolina at Chapel Hill, have a strong track record of collaborating with industry partners to develop innovative technologies. For example, the Research Triangle Park (RTP) in North Carolina is home to numerous tech companies and research institutions, making it an ideal location for convergent research. By prioritizing the development of engineered systems technology, North Carolina can further solidify its position as a hub for innovation and job creation.

The North Carolina Department of Commerce's Research and Development Grant Program is another key initiative that supports the development of new technologies and products. This program provides funding for research and development projects that have the potential to create new jobs and stimulate economic growth in the state. By aligning the priority outcomes of the Funding for Engineering Research grant program with the goals of the Research and Development Grant Program, North Carolina can maximize the impact of its research funding and drive economic growth.

Workforce Development and Education

Another critical priority outcome for North Carolina is workforce development and education in the field of engineering. The state's education system, including its public universities and community colleges, provides a strong foundation for developing the next generation of engineers and researchers. However, there is a need for more programs that focus on emerging technologies and provide students with hands-on experience working on real-world projects. By prioritizing workforce development and education, North Carolina can ensure that it has a pipeline of talented engineers and researchers who can drive innovation and economic growth in the state.

The North Carolina Science, Technology, Engineering, and Math (STEM) Education Coalition is a key partner in promoting STEM education and workforce development in the state. The coalition works to improve STEM education and increase access to STEM fields for underrepresented groups. By partnering with organizations like the STEM Education Coalition, North Carolina can ensure that its workforce development initiatives are effective and equitable.

Regional Economic Development

North Carolina's geography and demographics also play a significant role in shaping its priority outcomes. The state's coastal region, for example, is vulnerable to hurricanes and sea-level rise, making it a priority area for research on resilient infrastructure and disaster mitigation. The western part of the state, with its rugged terrain and limited access to resources, presents opportunities for research on rural development and economic diversification. By prioritizing regional economic development, North Carolina can ensure that its research funding is addressing the unique needs and challenges of different regions within the state.

The North Carolina Rural Center is a key agency that supports economic development in rural areas. The center provides funding and technical assistance to rural communities to support economic development projects. By partnering with the Rural Center, North Carolina can ensure that its research funding is addressing the unique needs and challenges of rural areas.

Q: What types of projects are eligible for Funding for Engineering Research grants in North Carolina? A: Projects that focus on advancing engineered systems technology, workforce development and education, and regional economic development are eligible for funding. Applicants should review the grant program's guidelines and priorities to ensure that their project aligns with the state's priority outcomes.

Q: How can North Carolina-based researchers and institutions increase their chances of securing Funding for Engineering Research grants? A: By partnering with industry partners, leveraging the state's research infrastructure, and demonstrating a clear understanding of the state's priority outcomes, researchers and institutions can increase their chances of securing funding. Applicants should also review the grant program's review criteria and ensure that their proposal addresses the key priorities and outcomes.

Q: What resources are available to support North Carolina-based researchers and institutions in applying for Funding for Engineering Research grants? A: The North Carolina Department of Commerce's Research and Development Grant Program provides funding and technical assistance to researchers and institutions. Additionally, the North Carolina Science, Technology, Engineering, and Math (STEM) Education Coalition provides resources and support for STEM education and workforce development initiatives.

Eligible Regions

Interests

Eligible Requirements

Grant Portal - Accessing Economic Development Funding in Rural North Carolina 15184

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