Business

NC IDEA awards $200,000 to startups

NC IDEA has awarded more than $200,000 in grants to five North Carolina startups.

Four of the startups that were awarded the grants are based in the Triangle. Their applications were among 117 submitted to NC IDEA, a nonprofit that supports early-stage technology companies.

Since its inception in 2006, NC IDEA has awarded more than $3.1 million to 82 North Carolina companies.

The four latest Triangle recipients:

• FokusLabs, based in Wake Forest, has developed an intervention tool designed to remind individuals with autism and ADHD to get back on task when their attention wanders.



• Durham-based NIRvana Sciences is focused on novel fluorescent dyes developed at N.C. State University for use with medical diagnostic and imaging tests.



• Panacea Solutions of Research Triangle Park is using robotic technology to create low-cost, 30-day supply nutritional packets that are personalized for an individual’s needs.



• SnapYeti of Raleigh is an online marketplace for photo contests. Businesses can use it as a marketing tool.



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