Solar energy, hemp fiber, independent films, banking technology – these are just some of the industries represented in this year’s Coastal Entrepreneur Awards.
Despite their range in services and products, the common thread is the spirit of growth fueling each of the 11 companies and organizations tapped as CEA winners. Their wins were based on whether they are entrepreneurial and of those deemed entrepreneurial, which organizations were most likely to be financially successful (or for nonprofits, have the most impact). One of them will be chosen as the 2022 Coastal Entrepreneur of the Year later this month. Read more about the process and the category winners inside this issue.
Who would you invest $100,000 in?
That’s one of the pieces of advice we give our Coastal Entrepreneur Award judges each year when they’re faced with the task of making their picks. Who shows high-growth potential?
Who is making a name for themselves and cutting through the noise? Who, out of these stacks and stacks of nominations, do you see as entrepreneurial?
Our panel of outside judges deliberated and picked the 11 category winners in this year’s CEA process.
The winning companies represent fields ranging from tech startups to manufacturing to retail.
The nominations, submitted to the Greater Wilmington Business Journal from company employees, directors, clients and in some cases just outside admirers, represent a cross-section of the region’s business community.
The awards are a joint effort between the University of North Carolina Wilmington’s Center for Innovation and Entrepreneurship (CIE) and the Business Journal to identify and recognize fast-growing organizations and businesses with the potential to make a significant impact on the region.
You can read more about the companies that rose to the top of their categories this year by following the links below.
One of them will be named the 2022 Coastal Entrepreneur of the Year. Keep an eye out on our website (WilmingtonBiz.com
) and social media channels for the announcement of this year’s event to name the overall winner.
One thing that hasn’t changed over the years in the awards program is the Stanley Cup of Southeastern North Carolina entrepreneurship – the CEA surfboard.
This year’s Coastal Entrepreneur of the Year adopts the wooden surfboard – custom made by local nonprofit and former category winner Kids Making It – to proudly display at its office for the next year after it’s been passed down from a long line of successful companies that also have earned the title.
So jump in, find out this year’s category winners and send them a note of congrats.
Vicky Janowski, editor
Greater Wilmington Business Journal
(910) 343-8600, ext. 208
On Twitter: @vickyjanowski
Judging the Applicants
The Coastal Entrepreneur Awards (CEA) is run by the Greater Wilmington Business Journal and the UNCW Center for Innovation and Entrepreneurship.
CEA’s goal is to shine a spotlight on up-and-coming companies, helping them make connections in the community as well as showcase the region’s entrepreneurial activity.
The competition involves two rounds of judging in which the applicants are judged on two criteria: Is the organization entrepreneurial? Of those that are entrepreneurial, which organization is most likely to be financially successful? For nonprofits, the standard is which is likely to have the most impact.
First, all the applications are evaluated by representatives of area business groups and the competition’s sponsors to determine the category winners. During the second round of evaluations with more detailed information, the judges select the Coastal Entrepreneur of the Year.
The judges were:
UNCW Cameron School of Business
Live Oak Bank
Cape Fear Community College-Small Business Center
Wilmington Chamber of Commerce
North Brunswick Chamber of Commerce
The Humphries Law Firm P.C.
N.C. Biotechnology Center, Southeastern Office
Michael Best & Friedrich LLP
SCORE Cape Fear Region
Brunswick Community College-Small Business Center
Southport-Oak Island Chamber of Commerce
Excite Credit Union
Pathfinder Wealth Consulting
2022 Winners by Category:
2022 Chamber of Commerce Winners