The CED Innovators report provides plenty of data for NC entrepreneurs – see the getting started guide for details

RESEARCH TRIANGLE PARK – With regular updates to keep content fresh, WRAL TechWire’s Triangle Startup Guide offers a timely set of resources for anyone looking to start or grow a business in the Triangle area.

Today we’re back with another new resource for local entrepreneurs. The latest update is to the guide’s “Inspiration, Advice, and Other Resources” section, which features a mix of podcasts, video series, blogs, tips, market data reports, and other miscellaneous resources for the beginning entrepreneurs of the Triangle.

The latest addition to the list is the Council for Entrepreneurial Development’s 2021 Innovator Report, which was unveiled last week. The organization’s annual report provides an overview of North Carolina’s innovation economy, including the latest data on startup funding, deal flow and exits.

The 2021 edition brought in a record $4.6 billion raised by 222 companies in 250 separate fundraising events, a 35% increase over the 2020 total. Technology investments accounted for 69% of deals in the year, while life sciences claimed 24%.

In the announcement, Capital CED head Hunter Young said that while Epic Games’ billion-dollar deal from last year had an impact on the total, the report also tracked 15 others. deals where the companies brought in more than $50 million.

“The number of larger deals closed jumped nearly 50% from the prior year,” Young added.

You can read the full report here.

Other recent additions to the Triangle Startup Guide

Every week we update the guide with new resources for local entrepreneurs for our exclusive Triangle Startup Guide. If we missed something, feel free to suggest it for inclusion. You can email me directly or use this contact form.

In case you missed it, check out all the updates we’ve made in 2021. And here’s a rundown of the additions from the last few weeks:

  • In the “Competitions, Grants, and Other Funding Sources” section of the guide, we added Folla Capital, an organization that helps startups and small businesses raise capital through regulatory crowdfunding. Although Folla Capital is based in Wilmington, entrepreneurs in the Triangle and beyond can use its online platform to organize, launch and manage their crowdfunding campaign and investor relations. Folla Capital primarily focuses on raising capital for minority, women, and veteran-owned businesses.
  • We’ve added E3 Durham to the ‘Accelerators and Mentoring Programs’ section of the guide. Launching this month, E3 Durham is a new program that aims to provide mentorship, capital resources, workshops and networking to entrepreneurs in underserved communities in Durham Region. National non-profit organization Forward Cities, which has a local chapter in Durham, first announced the E3 Durham program in late 2021. Supported by a Small Business Administration grant and city partnerships of Durham and County Durham, E3 Durham will begin with an outreach-focused Community Navigator pilot program, where designated “Navigators” will connect with local entrepreneurs through community events.

New program for underserved entrepreneurs in Durham headlines Triangle Startup Guide updates

  • In the “Inspiration, Tips, and Other Resources” section of the guide, we’ve added the new Innovation Road Trip series from Capitol B Creative Studios (a division of WRAL TechWire’s parent company, Capitol Broadcasting). The six-part video series showcases the people, organizations, businesses and programs that contribute to the state’s ever-growing community of innovation and entrepreneurship. The first season tells the stories of CRISPR gene-editing researchers, Innovate Carolina at UNC Chapel Hill, the North Carolina Biotechnology Center, Jarrett Bay Boatworks, based in Beaufort, CBRE Raleigh and Gig East at Wilson.

Innovation road trip

More recent additions

  • In the “Competitions, Grants, and Other Funding Sources” section, we’ve updated the NC State University eGames pitch competition listing, adding new information about the scope of the program. eGames, which was first launched in 2009, divides student submissions into a “think” category (businesses at the idea stage) and a “do” category (startups that already have a product and clients). Judges evaluate the market feasibility, design, prototype, and other aspects of startups. Each year, the program awards approximately $100,000 to winning companies. Applications are currently open for this year’s eGames edition, scheduled for April 18.
  • Under the “Acceleration and Mentorship Programs” section, we’ve added Wake Technical Community College’s Main Street Entrepreneur Acceleration (or MSEA) program, which launched earlier this month to support entrepreneurs and small business owners in Wake County. Beginning in late February, participants will attend five training sessions covering everything from attracting clients to planning financial projections. Those who attend all sessions and complete the required paperwork will submit their business pitches for the chance to win prizes ranging from $2,000 to $8,000. Read more information about the program here.

Even more

  • In the “Competitions, Grants, and Other Funding Sources” section, we’ve added the upcoming Duke Cyber ​​Pitch Competition, a program of Duke University’s Sanford Cyber ​​Policy Program. The competition, held on February 26, targets students with business ideas in the areas of cybersecurity, data protection, privacy and online safety. Selected individuals or teams will pitch their projects to investment experts for a chance to win $25,000 and other prizes. Winners will also receive a grant from Paladin Capital, an investment firm based in Washington, D.C.
  • In our list of COVID relief programs, we’ve added a line on an upcoming informational webinar covering the North Carolina Department of Revenue’s new business recovery grant for businesses facing pandemic-related losses. . The Downtown Raleigh Alliance, an organization serving local small businesses, hosted an informational webinar earlier this month to discuss program provisions, eligibility criteria and how to apply. We have added a link to the webinar in our list of COVID relief programs.

Amanda J. Marsh