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.
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