North Carolina Innovation Council
Commission Details
| Board Website | Board Website |
|---|---|
| Long Name | North Carolina Innovation Council |
| Department | Office of the Commissioner of Banks and the Dept. of Insurance |
| Governor Appointments | 2 |
| Total Board Positions | 11 |
| Cite Name | N.C. Gen. Stat. |
| Cite Number | § 169-4 |
| Ethics | 1 |
| Term Length | 4 years, 2 consecutive term limit |
| Purpose | The purpose of the Innovation Council is to support innovation, investment, and job creation within North Carolina by encouraging participation in the regulatory sandbox. The Council is empowered to set standards, principles, guidelines, and policy priorities for the types of innovations that the regulatory sandbox program will support. The Council shall be responsible for admission into the regulatory sandbox program and for assigning selected participants to the applicable State agency. |
Current Members
| Member Name | Term Start Date | Term End Date | Term Type | Position | Requirements |
|---|---|---|---|---|---|
| Lawrence G. Baxter | October 1, 2023 | September 30, 2027 | Limited | Member | Public member |
| Ashutosh Singh Vats | October 1, 2025 | September 30, 2029 | Limited | Member | Public member |