Tuesday, October 27, 2009

Entrepreneurs to "Speed Date" with Business Leaders/Investors

Emerging startup companies and entrepreneurs in Southeastern North Carolina will pitch their business ideas to business leaders and investors speed-dating style at the University of North Carolina Wilmington on Oct. 28. The event takes place at 5:30 p.m. in the Madeline Suite.

Local cutting-edge technology companies and innovative products will be highlighted as participants compete to “sell” their companies and growth strategies in less than five minutes. This Rocket Pitch event is designed to be a networking opportunity for more than 75 area entrepreneurs, business leaders and investors who may be struggling for resources during the recession. It comes just two weeks after Fortune Small Business Magazine and CNN Money online ranked Wilmington 14th on their list of the best midsized cities in the U.S. for launching a start-up business.

The UNCW Entrepreneurship Center -- which aims to be a catalyst for entrepreneurial growth in Southeastern N.C. by bringing together emerging and high-growth ventures, entrepreneurs and relevant support organizations to create business growth, jobs and innovation -- is hosting the event. For more information on this event, visit www.uncwec.org.

Wednesday, October 14, 2009

Wilmington Ranks #14 for Small Business Start Ups

Recognizing Wilmington's entrepreneurial spirit, Fortune Small Business Magazine has ranked Wilmington number 14 of the best midsize cities to launch a start-up business. The article in the November 2009 issue notes that there aren't a great deal of large employers in the area, which adds to the entrepreneurial air.

“In Wilmington, if you can’t find a job, you create one,” the article states.

Cape Fear Future was noted as a progressive program as well, citing the Wilmington 2.0 campaign as the city’s new project to foster technology-focused business.

The rate of small business growth in the area has been impressive: a 12.8 percent rate between 2004 and 2007, according to the article.

Read the entire article on the CNN Money website: