Posts tagged “Economic development”
The state House and Senate on Thursday gave tentative approval to different versions of a bill designed to turn the marketing and job-recruitment functions carried out by the Department of Commerce to a private nonprofit.
A group of organizations across North Carolina, including the Triangle J Council of Government, outlines in a new report stressing four goals that it says if achieved would make the state more competitive and create more jobs. One section focuses on the need to boost the entrepreneurial sector, including a call for more capital.
Commerce committees in both the House and Senate approved legislation Wednesday to turn the state's job-recruitment efforts over to a nonprofit company that would contract with the state but be able to keep more of its activities private.
The trends that are described in the report demonstrate an "encouraging sign" for the region's entrepreneurs, says Joan Siefert Rose, CED's president.
Assistant Secretary for Communications and Information and NTIA Administrator Lawrence E. Strickling commented on the impact of the American Recovery and Reinvestment Act and BTOP in today's edition of The Broadband Report.
Storage technology firm NetApp dedicates a new 155,000 square facility building - the fifth at its RTP campus - and will add "on the order of 150 new positions" to man it, says the company executive who oversees its Triangle operations.
NetApp formally opens a new 155,000-square foot research and development lab focused on cloud computing technology and development at its growing campus in Research Triangle Park on Friday morning. Despite two recent rounds of layoffs across the company, NetApp continues to grow in N.C.
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CityCampNC, a three-day event focused on united government, citizens and the private sector to jointly develop better quality of life through technology and innovation, opens Thursday evening with teams developing ideas that can be prototyped in under 72 hours.
No more grandiose launch parties for companies exiting The Startup factory accelerator. The four latest firms were introduced to an intimate gathering of some 100 invited guests Wednesday evening as co-founders Chris Heivly and Dave Neal seek to build relationships for their startups rather than a "magical moment." WRAL TechWire's Jason Parker has the Inside report.
Members of the North Carolina General Assembly area hearing an increasing crescendo of support from key members of the state's technology industry to act on "patent troll" legislation. Helping organize those efforts is the North Carolina Technology Association.
Four new companies - Curagami, Knomad, Hostel Rocket and CareLulu - emerge from The Startup Factory 12-week accelerator program ready to grow. Who are they? What are they all about? What are they looking for from investors? WRAL TechWire's Jason Parker profiles the new grads.
It's a tall order to say anything definitive about the economy that far away. So many things can, and will, happen that are on nobody's radar screen. Making predictions for 2040, 2050 or 2060 really are "shots in the dark." There are largely two camps - optimistic and pessimistic. Here's a look from an economist's point of view.
The planned Park Center off I-40 in the Research Triangle Park is its first re-development in 50 years. The first, 100-acre phase is in planning and details of when construction will begin and early retail tenants will be forthcoming in late September or early October, Research Triangle Foundation president and CEO Bob Geolas tells WRAL TechWire in an exclusive interview
RJ Reynolds is creating 200 jobs at a plant in Tobaccoville for production of electronic cigarettes, or 'e-cigs.' The company is not receiving any state incentives for the jobs or investment in plant facilities.
Location, location, location, used to be the economic developer's mantra. But in the Research Triangle region, it should be education, education, education. So said Charles Hayes, president and CEO of the Research Triangle Regional Partnership and other speakers at the State of the Research Triangle breakfast Thursday. They also had good news: job growth is on the upswing in the RTP.
Industry "clusters" targeted by a 5-year jobs growth plan launched by the Research Triangle Region Economic Partnership have produced 80 percent of the job growth, according to the State of Things to Come report issued Thursday. The goal is 100,000 new jobs, and that number is expected to be reached in June.
Cary-based software developer SAS Institute has been a proponent of the bill. General counsel John Boswell said that one patent troll company had won $85 million from other companies before going after SAS. After $8 million in litigation costs, SAS won. But when SAS tried to recoup damages against the company, it had only $800 in the bank.