Business Advantages

Innovation Ecosystem

The Research Triangle region has long been associated with innovation thanks to corporate tech giants like IBM and Cisco in Research Triangle Park and more recently Red Hat and Citrix in downtown Raleigh, but within the last few years, the region has emerged as a hotbed of innovation springing out of the local startup community.

The Triangle region has born 2,500 startups, raising $2.773 billon in venture capital in 2020 alone. In fact, the Triangle’s startup ecosystem is valued at $9.7 billion. With Raleigh recently being named one of the most resilient tech hubs,it is safe to say that the startup scene is here to stay.

To view startup companies in Raleigh, visit the City of Raleigh Office of Economic Development's interactive startup map. For a look into Raleigh's robust innovation community, visit Innovate Raleigh.