
Episode #63
Inside NC Innovation: Turning Research Into Real Businesses
Lauren Ohnesorge sits down with Michelle Bolas of NC Innovation to unpack the $500 million public-private partnership designed to bridge the gap between academic research and the private sector. They dig into how the state-funded endowment works, why the funding has faced political pushback, and how NC Innovation is leveraging federal dollars and private partnerships to protect its mission. Michelle shares standout examples of the technologies NCI has helped bring to market — from an App State startup turning surplus sweet potatoes into plant-based milk, to a UNC Greensboro breakthrough purifying lithium from standing water. They also discuss the funding gap facing early-stage startups, the risk of homegrown innovation leaving North Carolina for better-funded opportunities elsewhere, and what it takes to keep the next Red Hat or IBM rooted in the state. Plus: Michelle reflects on her journey from Wisconsin to North Carolina's innovation ecosystem, what she's most proud of after two and a half years running the program, and her vision for making the state a national leader in regional economic development. Mentioned in this episode: Elon University https://www.elon.edu/

