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Senate budget redirects $400M from NCInnovation to children’s hospital project

The North Carolina Senate’s proposed 2025-2027 budget takes a sharp turn in the state’s approach to NCInnovation (NCI), a nonprofit originally intended to bolster commercialization of research across the UNC System. The new proposal dismantles the organization’s state-endowed structure and redirects nearly all of its taxpayer funding to other public priorities.

Donna King

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