Establishes the North Carolina Technology Coalitions Strategic Support Fund to foster regional technology-based economic growth.

The bill establishes the North Carolina Technology Coalitions Strategic Support Fund within the Department of Commerce. It appropriates $10,500,000 from the General Fund for the 2025-2026 fiscal year to support technology coalitions. These coalitions, which can include industry alliances, nonprofits, local governments, academic institutions, or state agencies, aim to encourage regional technology-based economic growth by fostering collaboration and aligning state resource investments to scale critical and secure supply chains.

Establishes the North Carolina Technology Coalitions Strategic Support Fund to foster regional technology-based economic growth.

The bill establishes the North Carolina Technology Coalitions Strategic Support Fund within the Department of Commerce. It appropriates $10,500,000 from the General Fund for the 2025-2026 fiscal year to support technology coalitions. These coalitions, which can include industry alliances, nonprofits, local governments, academic institutions, or state agencies, aim to encourage regional technology-based economic growth by fostering collaboration and aligning state resource investments to scale critical and secure supply chains.