Wilmingtonbiz logo
Print
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

In The Current Issue

Defining Placemaking In Wilmington

Just like the term “quality of life” gets batted around during discussions about what can make the Wilmington area a stronger player in the economic development game, the concept of “placemaking” also is gaining ground in similar talks nationwide. But what does it mean, and how is it being implemented around the Cape Fear region?

Lifetime Achievement: 2014 Real Estate Awards

An architect, a construction manager and a commercial developer – find out who are this year’s Lifetime Achievement honorees for the Wilming...

CVB Rolls Out 2014-15 Marketing Plan

Bolstered by a strong year in 2013 for tourism activity, local officials are hoping their new marketing plan helps keep the momentum going....

Ico topnews Editor's Picks

CIE Tenant Lands Seed Money Investment From Raleigh Team

Jenny Callison - About 22 hours ago

CastleBranch To Hold Career Event In Advance Of Expansion

Jenny Callison - Oct 30, 2014 Trending News

Next Glass Named A Top Global Startup By Wall Street Journal

Jenny Callison - Oct 29, 2014

Real Estate Law Firm's Wilmington Office To Relocate

Cece Nunn - Oct 29, 2014
Services

Gierie Orthodontics

At Gierie Orthodontics our passion is creating beautiful smiles. Dr. Bill Gierie is committed to maximizing your esthetic potential through enhancing the appearance of the teeth and face. We strive to ...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 - Special Sauce for Economic Development - March. 2014
WilmingtonBiz Expo Keynote - Ken Lowe - Founder HGTV, CEO Scripps Networks - March. 2014

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