July 17, 2023

Will NC make a $1.43 billion bet on start-ups?

Will NC make a $1.43 billion bet on start-ups?
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Will NC make a $1.43 billion bet on start-ups?

State lawmakers are considering a proposal that would pump $1.425 billion into unproven companies. Supporters say the money is needed to spur economic growth in the state. Opponents say it has too many risks, and the money would be better spent elsewhere. WRAL state government reporter Travis Fain breaks down the debate over the controversial NCInnovation program.