On October 15 North Carolina governor Roy Cooper signed HB 624, which creates a regulatory sandbox program and establishes the North Carolina Innovation Council (Council).
North Carolina Regulatory Sandbox Act of 2021
§ 169-5. Regulatory assistance; technical assistance; nonprofit organizations.
A designated nonprofit organization which has been duly authorized by the Office of the
Secretary of State shall be recognized as partners that may help sandbox applicants navigate the
regulatory sandbox application process. Certain participating nonprofit organizations may also
assist sandbox participants with the design and implementation of products and services during
the regulatory sandbox program period.
Nonprofit organizations wishing to assist regulatory sandbox applicants and participants shall submit an application to the Innovation Council for approval.
To explore, provide input, analyze, and make recommendations with respect to GBC innovations and application of innovative technologies: