NC S826

Establishes "Invest NC" exemption allowing North Carolina businesses to raise up to $1-2 million from state residents through intrastate securities offerings without federal registration, with $150 filing fee and strict investor protections including accreditation limits and mandatory escrow requirements.

Creates North Carolina New Markets Jobs Act providing $100 million annually in state tax credits (12.5% for first two years) for qualified equity investments in community development entities that invest in rural businesses, with 75% of investments required in rural areas.

Authorizes $100 million from Escheat Fund for small business venture investments with North Carolina nexus, limiting annual investments to $20 million and requiring 20% allocation to veteran-owned businesses and no more than 33% to urban regions.

Appropriates $5 million for innovation initiatives: $2.5 million for RISE NC entrepreneurial network and $2.5 million for University Innovation Commercialization Grant Program supporting technology commercialization from North Carolina universities.

Appropriates $15.12 million for economic development including $12 million for tourism and marketing, $1 million for Main Street Solutions Fund, $230,000 for food manufacturing director position, and funding for community economic development and planning support in rural counties.