Updates for Triangle Startup Guide mean more info for entrepreneurs

RESEARCH TRIANGLE PARK – Every week, the exclusive WRAL TechWire Triangle Startup Guide is updated. Here are some of the latest updates and additions through December 4. These weekly updates are part of our Startup Monday lineup.

The latest:

  • Here’s startup financing news from Wolfpack Investor Network and Harbright Ventures:

The Wolfpack Investor Network has partnered with Cary-based Harbright Ventures

  • The Durham Success Summit recently opened applications for the Summit Scholars and Founder programs. The Summit Founders program to the “Accelerators/Mentorship Programs” section, as it relates to local entrepreneurs.

Hosted by the Durham Success Summit, the Summit Founders Program is a free, six-month incubator that offers training, mentoring and seed funding for businesses founded by Black men ages 16 to 24. Groups meet weekly in person and gain access to the Success Network, an online networking community. Separate from the Founders Summit, the Durham Success Summit also hosts a three-month Summit Scholars Program for professionals to improve their networking and leadership skills.

Previous update:

Duke Angel Network recently changed its name to Duke Capital Partners. The current listing on the “Venture Capital & Angel Groups” page has been modified to include the new name, along with some new information about general investment and portfolio statistics. The updated list is below:
Duke Capital Partners (formerly known as the Duke Angel Network) funds startups led by students and faculty, as long as the businesses have a founder, executive/board member or major investor who is a student, alum, employee or parent. The group invests in early-stage companies, with average contributions ranging from $500,000 to $2 million. As of November 2022, Duke Capital Partners’ portfolio has more than 40 companies that have gone on to raise more than $900 million.
Due to the opening of the NC Department of Commerce’s latest round of One NC applications, I have updated the “One North Carolina Small Business Program” list to include more information about reimbursements, such as even the number of recipients (more than 340 companies) 2022. I also added the new logo. The updated list is below:
Administered by the North Carolina Department of Commerce, this state program offers grant-matching to NC-based startups that receive Phase I awards from Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) federal programs. It also reimburses businesses for a portion of the costs of preparing and submitting SBIR or STTR proposals. Since 2006, One NC grants have supported more than 340 companies (by November 2022). Read more TechWire coverage here.

Recently, Allstacks announced it closed a $12.3 million fundraising round, NC IDEA announced five individual winners of its annual awards, and the Greensboro-based fractional jet ownership company revealed that it has raised $16 million in new funding.

Dismissal: Fractional ownership firm Jet It takes off with $16M in new funding

Week of Oct. 24:

Recent updates include the addition of 2ndF to the VC section and angel groups.

2ndF: With a focus on bringing inclusive development in the Triangle to the national stage, 2ndF aims to establish minority education programs, drive further development in the technology sector, and invest in early stage startups at angel and venture level. The organization was founded in 2022 by Raleigh entrepreneur Bill Spruill, co-founder of the now released Global Data Consortium. Read more TechWire coverage here.

We have added a new feature “Startup Hubs”:

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We’ve also added NC TECH’s latest Tech Innovation Index report:

Through its Tech Innovation Index, the North Carolina Technology Association (NC TECH) provides a detailed snapshot of how the state’s metro areas compare to other top regions across the country. Launched in December 2021, the annual report measures tech innovation in three categories: tech talent supply, tech talent demand and innovation. The latest edition ranked two Triangle hubs—Durham-Chapel Hill and Raleigh-Cary—in the top 10 metro areas. Find the 2022 report here and more TechWire coverage here.

Durham, Raleigh crack top 10 meters of new tech innovation study

October 10 updates

We added the “Startup Hubs” feature last week to the “Inspiration, Advice and More Resources” section:

Recently, we made two new additions:

  • The Equity Raise Podcast: Produced by American Underground and hosted by entrepreneur Naya Fela Powell, the Equity Raise Podcast features various startup founders sharing their experiences, how they overcame obstacles, the lessons that they learned along the way and much more.

Coworker and daycare? Yes – that’s what makes Blush Cowork in Cary so unique

From previous updates:

Bull City Summit Podcast: Bull City Summit launches in 2022 as a multi-day festival to connect entrepreneurs, musicians, artists and creatives in the region. As an extension of the event, the Bull City Summit podcast features interviews with local and national entrepreneurs, business leaders, investors and more.

And here’s a look at the new hub listings added recently in Chapel Hill and Pittsboro:



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