Thom Ruhe | WRAL TechWire
Thom Ruhe

Thom Ruhe


Posts by Thom Ruhe


Thom Ruhe: Latest grants help strengthen NC’s economy, startups

Thanksgiving is a special time of year when many pause to reflect on blessings they have received. For the entrepreneurs we support, appreciation often comes from events that have propelled their companies forward like a key hire, funding event, or strategic new client that provides critical validation of their efforts. This season we are giving thanks for the privilege of helping bright and ambitious people realize their entrepreneurial aspirations; strengthening the economy of North Carolina in the process. Today we add to the joy of our work with the announcement of six new NC IDEA SEED grant recipients. These...

Read More

Thom Ruhe: Let’s build, not buy, Amazon scale companies

Editor’s note: Thom Ruhe, CEO of the NC IDEA Foundation which focuses on economic development across North Carolina at the entrepreneurial level, has different ideas about growing the state’s economy without investing billions to land the Amazon HQ2 project or another large company. This blog includes two posts Ruhe published at LinkedIn and is reprinted with his permission. DURHAM – We need to flip the script on economic development practices that marshal unprecedented resources to lure large existing companies. For every community that offered billions in incentives to get Amazon’s HQ2, I would suggest you consider allocating 25% of whatever...

Read More