NCI

NCInnovation faces $500 million clawback in Stein’s recommended budget

In the budget recommendation overall, Stein proposes spending $35.4 billion in 2026-2027, $3 billion more than lawmakers agreed to last year.

CJ Staff

News

NCInnovation under investigation by Office of State Auditor

NCInnovation, the nonprofit aiming to aid in the commercialization of public university research and financed with $500 million in taxpayer funds, is the subject of an audit investigation by the North Carolina Office of State Auditor (OSA). The OSA investigation and its scope were discussed Monday by NCI board members during a special meeting of the Audit Committee.

Jeff Moore

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NCInnovation faces $500 million clawback in Stein’s recommended budget

NCInnovation under investigation by Office of State Auditor

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