"Talented people & innovation because of the 3 universities here." -@trycanopy Why #Startups thrive in Raleigh.
What do Russell Simmons, startups and email marketing all have in common? Internet Summit 2015. Internet Summit is the self-proclaimed “Southeast’s definitive digital gathering” and brings together a range of experts on digital strategies ranging from design/UX to social media, in addition, there is an innovation component to the conference. There was actually had an entire stage dedicated to sessions that revolved around innovation and entrepreneurship. This was fitting since Raleigh, the host city, is a rising entrepreneurial hub.
This community is dedicated to ensuring that startups succeed and that entrepreneurs find a home here. In fact, Mayor Nancy McFarlane has the goal to transform the city into one of the top five hubs for entrepreneurship in the coming years. Other organizations in the region also attribute to this goal including, Council for Entrepreneurial Development (CED), Innovate Raleigh, NC State’s Entrepreneurship Initiative and that’s just naming a few. These efforts have led to Raleigh being home to more than 400 startups and early-stage growth companies representing over 2,000 jobs. In addition, in the last 3 years, startups in Raleigh have raised over $250 million in Angel and venture capital investment.
Wake County Economic Development in partnership with the City of Raleigh saw Internet Summit as an opportunity to showcase the innovation and entrepreneurship that is currently thriving in the Raleigh area. Ten high-growth startups had the opportunity to showcase their companies, products and available job opportunities at Internet Summit in a special startup landing area.