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Posts tagged “NC IDEA”

Updated July 29

Offering a stipend to startups, Groundwork Labs demonstrates its own growth

Among all the efforts focusing on boosting startups in the Triangle these days, Groundwork Labs is unique. It's free. And now the program, which is funded by economic development group NC IDEA, is reaching beyond the Triangle to help startups by the offering of a housing stipend. John Austin, director of Groundworks, talks about the new program, how Groundworks is different, and the success it has had so far in helping grow new businesses from the ground up.

The Groundwork Labs system The Groundwork Labs system

July 28

NC IDEA to open fall grant cycle in August

Since its inception in 2006, NC IDEA's grant program has awarded more than $3.4 million to 88 companies across the state. On Monday, NC IDEA announced that the organization's 18th grant cycle will open on Aug. 11 with a series of information sessions being held throughout North Carolina.

NC IDEA NC IDEA

May 20

Premium Lock Does unemployment really link to entrepreneurial activity?

ExitEvent John Cambier of IDEA Fund Partners and NC IDEA in Durham is an investor who deals daily with startup entrepreneurs. He offers a counterpoint to a recent post published in ExitEvent and WRAL TechWire that cites a recent report linking unemployment and entrepreneurship.

Updated May 5

Premium Lock NCSU alumni expanding their security startup with a return to Raleigh

Rami Essaid, Engin Akyol and Andrew Stein turned their educations at N.C. State into fast-growing tech security startup Distil Networks but left North Carolina to launch the venture-backed firm. Now they are returning to Wolfpack country by opening an office in Raleigh. And they are hiring. We have the details in an exclusive interview for WRAL TechWire Insiders.

Distil's team Distil's team

April 2

Premium Lock NC IDEA picks 25 semi-finalists in latest round of startup grants

NC IDEA Economic development group NC IDEA is preparing to award another series of non-dilutive grants of up to $50,000 this spring. And 25 companies are still in the running from among 133 applicants.

March 11

Premium Lock CED's 'Raising Dough' fundraising series kicks off today

Gold  Today's "Startup blog:" If you are an entrepreneur looking for insight into attracting investors, don't miss the opening day of a two-part series from the Council for Entrepreneurial Development about "Raising dough."

Updated March 7

Premium Lock Square 1 profits; NC IDEA deadline; CED's 'Raising Dough;' Mohu kickstarter; Global NEXT mentoring

Gold  Today's "Startup blog" - the first in a regular addition to WRALTechWire's lineup - focuses on Triangle and NC startups, an IPO update, and a kickstarter success. Check out details about Square 1 Bank, NC IDEA's application deadline, CED's fund-raising series, Mohu's kickstarter success, and a mentoring program from Up Global NEXT.

Updated February 18

Premium Lock NC IDEA defends $250,000 grant to CED, but how will money be spent as organization reboots?

The economic development group NC IDEA is funneling $250,000 to the Council for Entrepreneurial Development to help the CED implement a strategic shift. But what does that mean? The CED isn't talking. Meanwhile, its lead person on last year's big data project - called TriangulateNC - has left. Plus, not everyone in the Triangle startup community endorses the NC IDEA grant. WRALTechWire takes an in-depth look at what's happening with the CED in an exclusive story for our Insiders.

Walk into CED's HQ, see the motto Walk into CED's HQ, see the motto

Updated January 31

Premium Lock NC IDEA'S biggest grant - $250,000 - gives CED chance to really 'Start Something'

Like any non-profit organization, the Council for Entrepreneurial Development faces a never-ending need to raise money from donors and sponsors. But the $250,000 grant from NC IDEA - the biggest ever given in one sum by the group - is a huge shot-in-the-arm of cash that gives CED leaders a chance to spend less time raising money and more time fueling further growth of the Triangle's resurgent tech community. The $135 million sale of Digitalsmiths is proof CED is crucial to the region's continued growth. And the CED says it has new plans for its future. NC IDEA has bought in. CED must now deliver.

Walk into CED's HQ, see the motto Walk into CED's HQ, see the motto

Updated January 31

Premium Lock NC IDEA awards $250,000 grant to Council for Entrepreneurial Development

NC IDEA, an economic development group in Durham focused on helping startups across the state, is giving $250,000 to the CED, which is also focused on giving entrepreneurs assistance in growing new ventures. The grant is to be spread out over three years with funds to help launch a new "information bank."

Council for Entrepreneurial Development Council for Entrepreneurial Development

January 29

Premium Lock Looking for a job? IDEA Fund Partners portfolio firms are hiring

Information Technology      According to its latest newsletter, IDEA Fund notes eight startups it has funded have openings requiring specific skill sets. And many of the jobs are located in the Triangle.

December 11, 2013

Premium Lock NC IDEA awards more than $200,000 in grants to five startups

Dollar sign  Emerging technology companies in Durham, Raleigh, RTP, Summerfield and Wake Forest land non-dilutive grants from economic development group NC IDEA. The organization has now handed out more than $3 million in grants since 2006.

Updated December 6, 2013

Premium Lock GoGown deal shows power, necessity of networking for startups

If there is anything more valuable to an entrepreneur launching a new venture than the idea driving a new company, it is networking - not financing. As the potential big hit story of GoGowns - a creation of a registered nurse in Durham - clearly shows, making the right connections can open the doors of success. Just ask Ginny Porowski.

The Groundwork Labs system The Groundwork Labs system

October 2, 2013

Premium Lock 24 startups from across NC are semifinalists for NC IDEA grants

NC IDEA NC IDEA has narrowed its list of emerging startups that could receive non-dilutive grants up to $50,000 to 24 from a field of 117 applicants. The number of applicants declined from earlier this year, but that's typical, NC IDEA says. One company asked not to be identified.

September 17, 2013

Premium Lock It's official: Novella becomes Novella Clinical, a Quintiles company

Novella The marriage between Quintiles and Novella Clinical became official Monday when the deal in which Quintiles acquired its nearby rival closed.

Updated September 17, 2013

Premium Lock Startup showtime: NC IDEA touts its stars to angels, other investors

The Durham-based economic development group puts on an event in conjunction with a Angel Capital Association meeting and the annual CED Tech Venture conference to show off emerging ventures it believes have the potential to become successful enterprises. WRALTechWire Insiders get the full story, including snapshots on the 10 firms that were in the showcase.

Protochips touts its award-winning technology Protochips touts its award-winning technology

Updated September 13, 2013

Premium Lock Venture capital events to showcase NC's best, brightest

Scores of startups, several emerging growth firms with big plans, and investors from around the country will gather in Raleigh next week for NC IDEA's "Grant Showcase" and the CED's annual Tech Venture conference. It's an opportunity for North Carolina entrepreneurs to shine.

CED Tech Venture 2013 CED Tech Venture 2013

August 20, 2013

Premium Lock New IDEA Fund Partners fund-raising promises more help for startups

The raising of a new fund by Durham-based IDEA Fund Partners shows startup capital remains available in North Carolina - for the right opportunities. Over the past year, sources for VC funding environment have actually grown.

Dave Rizzo Dave Rizzo

Updated August 16, 2013

Premium Lock IDEA Fund Partners raises $8M for latest fund

IDEA Fund Partners The Durham a venture capital fund, which is affiliated with entrepreneurial organization NC IDEA, has raised $8.1 million for its latest fund, according to securities filings.

August 16, 2013

Premium Lock NC IDEA taking grant program to Wilmington

NC IDEA UNC-Wilmington's Center for Innovation and Entrepreneurship to host event for startups on Aug. 21.

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