Research Triangle Park – A dedicated WRAL TechWire Triangle Getting Started Guide is updated weekly. Below are some of the latest updates and additions through December 19th. These weekly updates are part of our Startup Monday lineup.
We have two updates this week.
Campbell University’s Randy Fetterman School of Business will launch the first Camel Accelerator cohort in 2021. It aims to bring together students, new business owners and mentors to help grow local startups. The annual program selects 20 of her 10 North Carolina-based entrepreneurs who are women, minorities, or live in rural areas. Over 10 weeks, participants will learn sales and marketing tips, connect with mentors, expand their networks, and access educational resources. Sessions will be held in a hybrid format on Zoom and his Buies Creek campus in Campbell.
2.) The Launch Chapel Hill listing has also been updated with new data from the website (updates are shown in bold below) and replaced the old logo with a new one (see attachment).
Launch Chapel Hill, a coworking space and incubator, has an accelerator program open to early-stage startups. Entrepreneurs have on-site tools, resources, and knowledge that can be used to grow their ventures, covering areas such as business models, how to assess market timing, and how to assess specific risks and growth potential. provide home. Since its inception in 2013, the program has graduated over 170 startups, generated over $105 million in revenue, and raised $63 million in funding.
As a side note, we are currently accepting applications for the Spring 2023 Launch Chapel Hill Cohort. The deadline is January 5th.
Other recent additions
Each year, the Entrepreneurship Development Council’s Venture Connect Conference brings together more than 1,000 local and regional entrepreneurs, in-state and out-of-state VCs, and other investors and stakeholders. The event will host a much-anticipated pitch competition where high-growth start-ups present their products/services to gain attention among investors, other entrepreneurs, business executives, potential customers, and talent. It is characterized. The program targets companies in the technology, biotech, agtech, food innovation and consumer goods markets. As of 2022, Venture Connect’s 6,700 alumni companies have raised nearly $6 billion.
Here are the news about the startup funding from Wolfpack Investor Network and Harbright Ventures:
Wolfpack Investor Network Partners with Cary-Based Harbright Ventures
The Durham Success Summit recently opened applications for the Summit Scholars and Founders Program. The Summit Founders Program will be moved to the Accelerator/Mentorship Programs section as it is relevant to local entrepreneurs.
Hosted by the Durham Success Summit, the Summit Founders Program is a free six-month incubator that provides training, mentorship, and seed funding for startups founded by Black men ages 16-24. Online networking community. Apart from the founder of the Summit, the Durham Success Summit also hosts his three-month Summit Scholars Program for professionals to hone their networking and leadership skills.
previous update
Duke Angel Network recently changed its name to Duke Capital Partners. The existing listings on the Venture Capital and Angel Groups page have been modified to include new names along with some new information on average investments and portfolio statistics.
Duke Capital Partners (previously known as Duke Angel Network) offers students, alumni, employees, or parent founders, officers/officers, or principal investors to the venture as long as they are Funding led startups. The group invests in early-stage companies, with average contributions ranging from his $500,000 to $2 million. As of November 2022, Duke Capital Partners’ portfolio includes over 40 of his companies that have raised over $900 million.
In light of the fact that the North Carolina Department of Commerce has launched the latest round of One NC applications, we have updated the list of “One North Carolina Small Business Program” with additional information regarding current refunds and number of recipients (over 340). included. 2022. We also added a new logo. Here is the updated list:
Administered by the North Carolina Department of Commerce, this state program provides grant matching to North Carolina-based startups that have won Phase I awards from the Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) federal programs. increase. We will also reimburse companies for a portion of the cost of preparing and submitting an SBIR or STTR proposal. Since 2006, One NC grants have supported over 340 companies (as of November 2022). See TechWire article for details here.
Recently, Allstacks announced the closing of a $12.3 million funding round, NC IDEA announced five individual winners of its annual awards, and the Greensboro-based partial jet-owning firm raised new funding. announced that it has raised $16 million.
Takeoff: Partially owned company Jet It takes off with $16 million in fresh funding
Week of October 24:
Recent updates include the addition of 2ndF to the VC and Angel Groups section.
2ndF: The 2ndF is focused on bringing Triangle’s inclusive growth to the national stage, establishing minority education programs, fostering further growth in the tech sector, and providing initial funding at both angel and venture level. We aim to invest in stage start-ups. The organization was founded in 2022 by Raleigh entrepreneur Bill Spruill. Co-founder of the now-defunct Global Data Consortium. See TechWire article for details here.
Added new “Startup Hub” feature.
We’ve also added NC TECH’s latest Tech Innovation Index report.
Through its Tech Innovation Index, the North Carolina Technological Society (NC TECH) details how the state’s metropolitan areas compare to other major regions across the country. The annual report, released in December 2021, measures innovation in three categories: tech talent supply, tech talent demand, and innovation. In the latest edition, two Triangle hubs (Durham-Chapel Hill and Raleigh-Cary) ranked in the top 10 metropolitan areas. You can read the 2022 report here and more TechWire coverage here.
Durham, Raleigh Crack Top 10 Cities in New Tech Innovation Survey
Updated October 10
Added last week’s “Startup Hub” feature to the “Inspiration, advice and other resources” section.
Two new features were added recently.
Equity Raise Podcast: Produced by American Underground and hosted by entrepreneur Naya Fela Powell, the Equity Raise Podcast explores the experiences of various startup founders, how they overcame barriers, and the lessons they learned along the way. and so on.
Coworking and daycare? Yes – that’s what makes Cary’s Blush Cowork so unique.
From previous update:
Bull City Summit Podcast: The Bull City Summit launched in 2022 as a multi-day festival connecting local entrepreneurs, musicians, artists and creators. As an extension of the event, the Bull City Summit Podcast features interviews with local and national entrepreneurs, business leaders, investors and more.
And take a look at the new hublists recently added to Chapel Hill and Pittsboro:
Heading: Industrious Chapel Hill – Gwendolyn
address: 101 Glenn Lennox, Chapel Hill, NC 27517
Claims: This coworking space will open in Summer 2022 near the East Campus of UNC Chapel Hill and US Highway 15/501. It features private offices for small teams, network memberships for hybrid workers, and virtual addresses for businesses and individuals. The space is owned and operated by Industrious, a New York-based coworking company that first entered the Triangle in 2015.
Photo (attached below)
Photo caption/credits: diligence
Heading: 79° West Innovation Hub
address: 367 Freedom Pkwy Suite 130, Pittsboro, NC 27312
Claims: Opening in August 2022, the 79° West Innovation Hub will provide office suites, meeting rooms, coworking and programming for Chatham County’s growing entrepreneurial community. The space is located within his MOSAIC, a 44-acre mixed-use development in Chatham Park.
Photo (attached below)
79 West Innovation Hub
Other recent additions:
A preview of what the Innovate Carolina hub has to offer: Sheryl Waddell, Director of Economic Development and Innovation Hub at UNC, previews upcoming co-working spaces aimed at anchoring the campus to the vibrant innovation district of downtown Chapel Hill provide.
Bunker Labs, a national organization focused on veterans’ entrepreneurship, launched the Veterans in Residence program in 2019 to help veterans and military spouses build and grow their businesses. space, services, mentorship, and community resources. The six-month program lacks his WeWork’s national network of coworking spaces, including Charlotte and Raleigh/Durham. North Carolina is typically well-represented in the veterans cohort, with 18 local entrepreneurs participating in the latest round (Class 2022-B).
Also, check out this video from Bunker Labs:
Update from September 5th
Introduction: Sarah Glova’s latest startup hub feature is all about Frontier RTP.
Recent updates:
SixThirty Ventures has been added to the “VC & Angel Groups” section.
SixThirty Ventures invests in early stage startups in the fintech, insurtech, privacy and digital health markets. The St. Louis-based venture capital firm has a portfolio of over 75 start-ups and 12 exits. In August 2022, the company began operations in Triangle, led by Joe Darcy, a former principal of his IDEA Fund Partners based in Durham.
Recent additions include:
Additions to the “Competitions, Grants and Other Funding” section: Managed by Duke University Center for Social Entrepreneurship (CASE)annual Fred Morgan Kirby Award for Scaling Social Impact Award $100,000 in unlimited funding to nonprofit and for-profit organizations working on social impact projects.program Released in 2020 It is backed by the FM Kirby Foundation, a fund donated by 5-cent coin store entrepreneur Fred Morgan Kirby. This award is for companies that can demonstrate strong evidence of impact over the past three years and plans to scale even further over the next three to five years.
There is also a dedicated listing for The Wright Village in the “Incubators & Coworking Spaces” section of the Triangle Startup Guide. Scroll the map to find it in Raleigh. All other profile subjects such as Loading Dock, Raleigh Founded, First Flight Venture Centre, and American Underground are also listed in this section.
Other changes
Changes have been made to the section introducing competitions, grants and other sources of funding. Summary and newsworthy/relevant items are:
launch location
The Launch Place recently announced a Big Launch Challenge event coming this fall. On its website, the organization added the latest total of the amount the competition has awarded: $174,000 to 16 companies.
Here’s the updated version: The annual Big Launch Challenge is a chance for startups to win $15,000 in prizes and additional capital opportunities.The event hosted by launch location, an investor based in Danville, Virginia. The organization has expanded its presence in the Triangle market with its RTP office and several local start-ups in its portfolio. The Launch Place has awarded 16 companies $174,000 (as of 2022) in the nearly 10 years since he hosted the competition. Winners often also attract investment from The Launch Place.
Newsworthy: The 2022 Big Launch Challenge will take place on November 17th at RTP. The application deadline is October 3rd. Here is the list of calendars:
clean tech cluster
There is a new listing for the Research Triangle Cleantech Cluster’s annual Cleantech Innovation Awards. RTCC is now accepting nominations for this year’s program, scheduled for November. (Links to dates and calendars are below.) Here’s what the getting-started guide claims: of Research Triangle Cleantech Cluster‘s annual Cleantech Innovation Awards, launched in 2019, honor the top individuals, organizations and projects driving the Triangle’s clean energy technology sector. Award categories span areas such as entrepreneurship, research, equity and diversity, human resource development, transportation, energy, water, and impact across local governments.
Newsworthy: The 2022 Cleantech Innovation Awards will be held in Cary on November 9th. The deadline for submissions is September 9th. Here is the list of calendars:
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