Named by Business Insider as one of the fastest-growing startup scenes in the US, Raleigh is home to hundreds of startup companies in a wide range of industry sectors including Software, Life Sciences, Consumer Products, Design-Media, and the Internet of Things. The success of these companies largely depends on the pipeline for entrepreneurs here in the region and the support they receive from the community.
Each tier-one university has their own entrepreneurial incubator. From NC State’s The Garage which is an “IP-Free Zone” to Duke’s Bullpen, students are testing and producing cutting-edge technologies and products that are being commercialized and brought to market.
The collaboration that happens in the area greatly attributes to the support entrepreneurs receive. In the past 2 years, the Raleigh Innovators Program has been a great example of private-public partnerships. The accelerator is a joint initiative between companies like Red Hat, HQ Raleigh, and the City of Raleigh and enables teams of entrepreneurs to access potential clients, industry experts, internal corporate resources, capital connections, as well as the opportunity for teams to apply for city funds, if they locate their ventures in Raleigh.
In addition, there are organizations like Innovate Raleigh that act as a catalyst, connector and convener by bringing together entrepreneurs, corporations, community leaders, and government at year-round events and theme-driven summits. Innovate Raleigh isn’t the only organization hosting entrepreneurial focused events. Across the Triangle, hundreds of entrepreneurial-focused events are hosted each year to help connect and educate those in the field.
The support community of entrepreneurs, top talent, university assets, service providers, corporate partners, non-profits and governmental agencies rallies around our startups, enabling founders to quickly integrate into the entrepreneurial environment with an unprecedented range of resources. A huge resource for budding startups is the more than 140,000 square feet of collaborative workspace currently in existence (or under construction) within innovation hubs like:
- HQ Raleigh
- The Nest
- Tech Incubator on Centennial Campus
- Audacity Factory
- Loading Dock
- New South Manufactory
Thanks to our Edge investors, who fund our economic development program