The One NC Small Business Program aims to assist small businesses in North Carolina in developing and commercializing innovative technologies. It specifically supports companies that have received Phase I awards from the Small Business Innovative Research (SBIR) or Small Business Technology Transfer (STTR) programs. The program provides matching funds to eligible applicants to help them leverage federal funding for their projects. The solicitation for the 2024-2025 Matching Funds Program is currently open, with a closing date set for June 30, 2025. The total funding available for this program is $3,655,556, with a maximum grant amount of 50% of the federal SBIR/STTR award, not to exceed $75,000.