NC H723

Establishes the North Carolina Technology Coalitions Strategic Support Fund within the Department of Commerce, administered by the Office of Science, Technology, and Innovation with oversight from the Board of Science, Technology, and Innovation

Appropriates $10,500,000 in nonrecurring funds for fiscal year 2025-2026 to support regional technology-based economic growth and scale critical supply chains

Targets ten technology sectors: artificial intelligence, high-performance computing/semiconductors, quantum science, advanced manufacturing, disaster prevention, advanced communications, cybersecurity, biotechnology, advanced energy, and material science

Eligible recipients include industry alliances, nonprofits, local governments, academic institutions, and State agencies that maintain principal operations in North Carolina and certify grant funds will be used solely within the State

Fund may be used for coalition infrastructure support (market analyses, workforce training, grant identification, knowledge-sharing events) and cost match allowances for private, foundational, and federal funding opportunities