Wilmingtonbiz logo
More News

N.C. Treasurer To Speak In Wilmington

By Jenny Callison, posted Apr 15, 2014
(Janet Cowell)
State treasurer Janet Cowell will be in Wilmington next week to talk about the importance of innovation in the state’s economy and to learn about area innovators and entrepreneurs, University of North Carolina Wilmington officials said Tuesday.

Cowell will deliver opening remarks at UNCW’s Center for Innovation and Entrepreneurship’s breakfast event April 24: The Big 5 Employers: Pains That Keep Us Up at Night, the university’s news release stated. The event features executives from Castle Branch, GE Hitachi Nuclear Energy, PPD, UNCW and the N.C. Military Business Center talking about their needs, the challenges they face and the opportunities that exist for local entrepreneurs.

Cowell will also meet with local innovators and learn more about the region’s current economic development initiatives, according to the news release.

"Innovation is key to growing North Carolina's economy,” Cowell said in the release. “I'm excited to have the opportunity to discuss innovation and job creation – and overcoming challenges – with key leaders in Southeast North Carolina."

Cowell, who has spent more than 20 years in private- and public-sector financial leadership, oversees more than $80 billion in pension investments for the more than 875,000 teachers, firefighters and public employees in North Carolina. The first woman to hold the position of North Carolina state treasurer, she manages the 32nd largest public pension in the world and the third most solid in the nation, the release stated.

By law, a portion of pension funds must be invested in the N.C. Innovations Fund, part of whose mission is to “foster the creation and growth of young and maturing companies in North Carolina,” according to the fund’s website.

The fund does not make direct investments in early-stage companies, said CIE director Jim Roberts; it invests in venture capital funds, which then make the investments into early-stage companies.

“We hope the treasurer's visit will serve as a magnet for regional investors who are interested in the N.C. Innovation Fund, which is a fund of venture capital funds,” Roberts said.

The Big 5 Employers breakfast event will be held at The Terraces on Sir Tyler. Seating is limited and registration is currently open.  

Join The Discussion

Similar Stories

Book On Business

2015 bookonbusiness

The 2015 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!
Print Only
$19.95 - Qty
Print + Excel File
$79.95 - Qty

In The Current Issue

Ruegg Steers His Boat Sales Business

Jason Ruegg recently bought a former restaurant property on Market Street to relocate his growing used boat retail business.

Novant’s MyChart Connects To Patient Fitness Trackers

Novant Health patients can now share data from their fitness tracker with their doctor through the hospital system’s electronic patient port...

Wilmington Health Lab Accredited By COLA

The Wilmington Health Lab has met all criteria for Laboratory Accreditation by the Commission on Office Laboratory Accreditation....

Ico topnews Editor's Picks

Foreclosure Sale Scheduled For Independence Mall Property

Cece Nunn - Oct 9, 2015 Trending News

Pender Site Becomes AT&T's First Fiber Ready Business Park In State

Jenny Callison - Oct 9, 2015 Trending News

On River Road, Ports Authority Selling 87 Acres Of Industrial Land

Cece Nunn - Oct 9, 2015 Trending News

Biomarine Event Aims To Be Technology Showcase, Business Matchmaker

Jenny Callison - Oct 8, 2015 Trending News
Insurance Brokers

James E. Moore Insurance Agency, Inc.

The James E. Moore Insurance Agency was founded in 1954 and since that time has continued to be one of the Independent Insurance industry’s leaders in bringing quality products to our clients across t ...more

Ico trending Trending News

Ico newsinimages News in Pictures

Have a tip, pitch or guest column?  Send us a tip.

Gallery Galleries

Video Videos

Power Breakfast Series - The future of higher education - Sept. 2015
WilmingtonBiz Expo - Key Note Lunch with DONALD CROTEAU CEO, Vertex Rail - 2015

Register to Continue Seeing Wilmington's Best Business Coverage!

There are three ways to register for free.

Sign in with LinkedIn, Facebook or create an account:

Already registered? Login here.

Your free registration includes:

  • Access to 10 articles per month on WilmingtonBiz.com
  • Email updates to stay informed on local business news
  • A mobile optimized website
  • Advanced notification of Business Journal events
  • Management of your digital and print subscriptions
Laptop iphone ipad