Entrepreneurs

Feb 26, 2024

Wilmington-based AI startup OpiAID is gaining runway with a spokesperson deal, a closed fund raise and three new potential investors.  OpiAID's most recent $500,000 gain is more an informal capital raise than a funding round, said founder David Reeser. Three potential investors began talks with Reeser after the team capped the half-a-million fund. After th ...

Feb 23, 2024

Support Organization Grant Seeks To Elevate Black Entrepreneurs

By Audrey Elsberry, posted Feb 23, 2024

The North Carolina Black Entrepreneurship Council will open applications next month for its 2024 NC BEC Ecosystem Grant. The NC IDEA Foundation formed NC BEC in 2020 and distributed its inaugural Ecosystem Grants that year. The organization announced the next grant cycle on Feb. 15. The grant aims to support Black entrepreneurial support organizations and Historically B ...

Feb 13, 2024

Two Startups Will Represent Wilmington At Raleigh Pitch Event

By Audrey Elsberry, posted Feb 13, 2024

Two Wilmington-based companies will pitch their business to an audience of hundreds of investors at CED Venture Connect. Electronic Lab Logs and Predicate HPG are among the 125 companies selected by the Council for Entrepreneurial Development (CED) based in Research Triangle Park. The pitch event will take place on March 20 and 21 in Raleigh. Jay Bigelow, head of entrep ...

Ico insights

INSIGHTS

SPONSORS' CONTENT
Jessiepowellheadshot webversion

Jessie Powell
Wide Open Tech

5 Reasons to Build Custom Franchise Software

Posted Mar 14, 2022

Having a robust franchise management software is often required in order to scale your growing franchise business to the next level. But it can be hard to determine if and when to build your own custom franchise software, or if you should continue using an out-of-the-box solution.

In this article, we will discuss 5 reasons why you should build your own custom franchise management soft...read entire article

Feb 5, 2024

UNCW Grad Launches Website Highlighting What's Good

By Audrey Elsberry, posted Feb 5, 2024

There is no shortage of things to do in the Port City, but with so many online avenues, Megan Rowe found it hard to find what she was looking for. Rowe sought to remedy this problem with her company, What’s Good, which launched last week. Megan, 25, and her brother Dustin, 28, built an algorithm and website in 2023 that compiles events and small businesses into ca ...

Jan 30, 2024

UNCW Program To Incubate Female, Blue Economy Startups

By Audrey Elsberry, posted Jan 30, 2024

The University of North Carolina Wilmington’s Center for Innovation and Entrepreneurship announced a new program offering this month, its Idea Test Lab Powered by Wells Fargo. The inaugural cohort will consist of a maximum of 10 women in technology, depending on the applicant pool, said the CIE's Director Heather McWhorter. The Idea Test Lab is a 4-week progra ...

Jan 22, 2024

NC IDEA Encourages Startups To Apply For Up To $50,000

By Audrey Elsberry, posted Jan 22, 2024

The Durham-based NC IDEA Foundation has sniffed out 100 million-dollar ideas. The independent private foundation’s grants have provided the state’s entrepreneurs with capital since 2006. Almost 20 years later, its 2024 grant cycle has almost begun, as entrepreneurs gather their resources to apply for either $10,000 or $50,000 in nondilutive funding. On Mo ...

Jan 4, 2024

Venture capital is the white whale of any entrepreneur, but it’s especially elusive in the Southeast. Jim Roberts, the founder of the Network for Entrepreneurs in Wilmington, has repeatedly stated that funding is lacking in the Wilmington area. “Right now is a really hard time to raise money,” he said. He points to high interest rates, inflation and ...

Nov 16, 2023

Entrepreneur Ross Hamilton has a new venture. Hamilton, who founded Connected Investors in Wilmington in 2006, has turned his attention to affordable housing after selling Connected Investors in 2021. Since leaving Connected Investors in October, Hamilton launched Saving Homes, a nonprofit helping families avoid foreclosure.  In the 2000s, Hamilton made a liv ...

Nov 13, 2023

Wilmington Startup Reps NC In $1M Pitch Competition

By Audrey Elsberry, posted Nov 13, 2023

Wilmington-based startup Wisely will participate in a pitching competition on Wednesday for a grand prize of $1 million as North Carolina’s sole representation at the event. Rachelle McCray, CEO of Wisely, created the company out of her kitchen in 2016, frustrated with how much food she threw away every week due to excess leftovers. After years of on-again off-aga ...

Nov 9, 2023

This week, the Wilmington Chamber of Commerce announced a partnership with early-stage venture capital firm VentureSouth. According to a chamber news release, the deal aims to provide added support for early-stage companies in the region and foster growth in the local economy. Rob Kaiser, the publisher of the Greater Wilmington Business Journal, helped establish Wilm ...

Ico insights

INSIGHTS

SPONSORS' CONTENT
Pfinder john zachary

What You Need to Know About SECURE 2.0 and Its Effect on Individual Retirement Accounts

John B Zachary - Pathfinder Wealth Consulting
Web awstaffpic2020 1 132245438

The 2024 Luncheon for Literacy featuring Special Guest Jason Mott

Alesha Edison Westbrook - Cape Fear Literacy Council
Untitleddesign7

Understanding the Role of a Community Manager and Dispelling Common Misconceptions

Dave Orr - Community Association Management Services

Trending News

EPA Makes $3B National Announcement At Port Of Wilmington

Audrey Elsberry - Feb 28, 2024

OsteoStrong Opens On College Road In Wilmington

Emma Dill - Feb 28, 2024

Patricia Kusek Resigns From Endowment Board

Audrey Elsberry - Mar 1, 2024

Polyhose To Double The Size Of Its Wilmington-area Facility

Emma Dill - Feb 29, 2024

Report Finds Economic, Environmental Impact Of N.C. Railroads

Audrey Elsberry - Feb 29, 2024

In The Current Issue

General Aviation Flies High At ILM

According to Wilmington International Airport officials, general aviation business is tracked in three categories: airlines, general aviatio...


Dogwood Bank Eyes growth With Merger

Dogwood State Bank, which maintains a branch in Wilmington, announced Feb. 1 that it has signed a definitive merger agreement to acquire Com...


Wilmington Health Expands ACO Activity

Wilmington Health has expanded its footprint in the area of accountable care organizations, or ACOs. ...

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2023 Power Breakfast: Major Developments