Kepley BioSystems Selected as NC IDEA Finalist

GREENSBORO, N.C. -- Kepley BioSystems announced that their team has been selected as a Top 25 finalist in the 2016 NC IDEA grant program. NC IDEA provides semi-annual grant solicitations for ideas with the potential to become high-growth companies. The grant program is a catalyst for technological breakthroughs developed in North Carolina that have a significant potential to successfully transition commercially viable high-growth enterprise. Their mission is to assist in the funding gap of top researchers and entrepreneurs through the intersection of government and private equity support. Kepley BioSystems ranked in the top 25 of all North Carolina applicants.




Kepley BioSystems has invented a patent-pending, disruptive synthetic bait with the potential to eliminate the use of forage fish as an attractant in commercial and recreation crustacean and sport fishing industries. These industries currently spends more than $20 billion annually in the global capture and utilization of 40 billion pounds of forage fish. This synthetic product,

OrganoBaitTM, mimics the attractant properties of forage fish, without the use of fish or any animal byproduct. OrganoBait is sustainable, environmentally friendly, cost-effective, reliably available, and less expensive compared to traditional forage fish. Regulators and environmentalists will also have compelling reasons to support this product for it’s potential to help avert ocean ecosystem collapse from overfishing, especially using drift-net practices.

Follow Kepley BioSystems and the other 24 competitive applicants through the NC IDEA grant program on our website (www.kepleybiosystems.com) and at www.ncidea.org.

About NC IDEA
NC IDEA is a private foundation committed to supporting business innovation and economic advancement in North Carolina and serves as a catalyst for young, high-growth companies. Today, the organization fulfills this mission through four initiatives. The Ecosystem Partner Grant program funds organizations across the state that execute creative programs to support entrepreneurs. Over the last decade, the Seed Grant program has awarded over $4.5M to 109 high-growth companies across the state. Since 2011, more than 100 companies have participated in the Groundwork Labs startup program. SoarTriangle, a program founded in 2012 to address the proven funding gap for female entrepreneurs, formally became a foundation program in August 2016.

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