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Texas program should serve as a cautionary tale for North Carolina legislators debating $1.4 billion in funding for NCInnovation
Texas program should serve as a cautionary tale for North Carolina legislators debating $1.4 billion in funding for NCInnovation
 
Criticism continues to mount over the North Carolina Senate’s decision to include $1.4 billion for NCInnovation in its proposed budget. Not only would it be a massive crony scheme using taxpayer dollars to reward select businesses by political appointees, the organization’s own justifications contin
Criticism continues to mount over the North Carolina Senate’s decision to include $1.4 billion for NCInnovation in its proposed budget. Not only would it be a massive crony scheme using taxpayer dollars to reward select businesses by political appointees, the organization’s own justifications contin
 
An influential staffer at the General Assembly recently described NCInnovation as a “free market approach”
An influential staffer at the General Assembly recently described NCInnovation as a “free market approach”
 
With such a business-friendly climate, why would NCInnovation even be necessary?
 
Would you be willing to turn over 1.4 billion dollars to an unknown group over which you have no oversight or control and who can do with it as they choose? I bet you wouldn’t do that with even $1,400. But our legislature appears ready to go with the $1.4B.
Would you be willing to turn over 1.4 billion dollars to an unknown group over which you have no oversight or control and who can do with it as they choose? I bet you wouldn’t do that with even $1,400. But our legislature appears ready to go with the $1.4B.
 
There are several reasons to oppose the proposed $1.4 billion appropriation to NCInnovation
There are several reasons to oppose the proposed $1.4 billion appropriation to NCInnovation
 
The nonprofit slated to receive $1.4 billion in the Senate budget plan touted the failing VinFast as a successful example to emulate
The nonprofit slated to receive $1.4 billion in the Senate budget plan touted the failing VinFast as a successful example to emulate
 
The $1.4 billion allocation for a non-profit called NCInnovation in the state Senate’s budget plan has raised some eyebrows. Given that this appropriation to the barely five-year-old non-profit organization would amount to nearly five percent of the entire state General Fund budget, it should.
The $1.4 billion allocation for a non-profit called NCInnovation in the state Senate’s budget plan has raised some eyebrows. Given that this appropriation to the barely five-year-old non-profit organization would amount to nearly five percent of the entire state General Fund budget, it should.
 
ECU joins partnership to foster innovation in NC
ECU joins partnership to foster innovation in NC
 
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