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State lawmakers file bill to reclaim $500 million in taxpayer funds from NCInnovation

NC House Oversight Committee co-chairs Reps. Harry Warren, R-Rowan, and Jake Johnson, R-Polk, are among the primary sponsors of a bill to clawback half a billion dollars in state taxpayer funds from NCInnovation (NCI), a private nonprofit founded to help commercialize more public university research in the state.

Jeff Moore
News

Embattled NCORR orders the stop of new construction, stops paying contractors

The North Carolina Office of Recovery and Resiliency (NCORR) is facing new questions after a report surfaced that it has ordered contractors to stop building new homes for Hurricanes Florence and Matthew victims and has stopped paying contractors already in the middle of construction projects.

Theresa Opeka
News

NCInnovation provides audit report to House Oversight and Reform Committee

NCInnovation (NCI), the private nonprofit given $500 million in state taxpayer funds to facilitate its vision of commercializing more public university research in the state, sent a third party audit report to the NC House Oversight and Reform Committee late last month. NCI CEO Bennet Waters first gave testimony and answered questions for committee members...

Jeff Moore

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