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.
Here are some of the latest news:
A new LGBTQ coworking community?
Harmonythe North Carolina LGBT+ Allied Chamber of Commerce, will now have two locations at Raleigh Founded and American Underground.
According to a statement, the organization is moving toward an “ultimate vision: to create the nation’s first LGBT+ coworking community.”
Formerly RBPN, the organization is the official affiliate chapter of the National Gay and Lesbian Chamber of Commerce (NGLCC). The organization operates in North Carolina’s 50 easternmost counties and is now seeking a pathway to launch what one statement calls “an inclusive coworking community specifically designed for LGBT+ businesses and professionals.”
Black Founders Exchange seeks candidates
American Underground (AU) and Google for Startups are looking for around 10 startups to participate in its seventh edition Black Founders Exchange.
Established in 2016, the week-long immersion program targets high-growth startups in software, consumer products, Internet of Things, data, and other industries. It offers curated content, mentorship, and community, taking companies from product and beta stage to pre-seed funding. Last year, 12 teams took part in the sixth edition of the Bourse.
Applications are currently underway accepted until July 11.
What else is going on
Another recent update is to the guide’s “Inspiration, Advice, and Other Resources” section, which features dozens of podcasts, blogs, video series, and other content made by (and for) local Triangle entrepreneurs. It also includes resources from organizations and universities that provide free support to early-stage startups.
The newest addition to the list is a comprehensive business research guide of the North Carolina State University Libraries. This resource is full of market research and business planning sources. It is divided into several subtopics, including financial and investment resources, data on industries and supply chains, markets and advertising, and GIS (geographic information system) information.
Startups of any size can use this resource for a variety of purposes, from creating a knowledgeable business model to identifying funding opportunities, to conducting market research and due diligence.
find guide at the North Carolina State Libraries website and scroll through the sub-headings on the left panel.
OTHER RECENT ADDITIONS TO THE TRIANGLE STARTER 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 using this contact form.
In case you missed it, check out all the updates we’ve made in 2021. And here’s a look at what’s been added over the past few weeks:
- In the ‘Inspiration, Advice and Other Resources’ section, we’ve added the latest edition of ‘Triangle Tweeners’, an annual collection of the region’s most promising tech startups curated by local entrepreneur and investor Scot Wingo. The list 2022, released earlier this month, includes 251 companies raising over $700 million in 2021 and documents 12 exits. To be selected, startups must have between $1 million and $80 million in annual recurring revenue or 10 to 500 full-time employees. Triangle Tweeners was launched seven years ago to follow the local startup community as it grew to the heights of today. In December, the report expanded to a rolling fund that invests in local tech startups.
- In the “Accelerators and Mentorship Programs” section of the guide, we’ve updated our listing for RevTech Labs, a 14-week accelerator for fintech and insurtech startups that have developed a minimum viable product or reached the post-revenue stage. Although the program is based in Charlotte, it follows a hybrid model with a mix of virtual sessions and in-person events. Charlotte Business Journal recently reported that RevTech Labs alumni raised $2.5 billion. Now with 102 alumni startups and hundreds of mentors, the program recently began accepting applications for its 17th cohort this fall. The deadline is June 30.
Application Deadline: RevTech Labs Accelerator (Fall 2022)
- In the “Inspiration, tips and other resources” section of the guide, we have added the Podcast Hustle + Gather (by Raleigh-based entrepreneurial sisters Dana Kadwell and Courtney Hopper) and The Launch Place Podcast (a new podcast to highlight different companies in the venture capital fund’s network). Additionally, we’ve added three reports profiling the local startup/tech ecosystem: Research Triangle Park’s 2021 Community Impact ReportDuke University 2021 “In numbers” report and NC TECH 2022 State of the Tech Industry Report.
- In the “Competitions, Grants, and Other Funding Sources” section, we’ve added Raleigh Founded’s annual Pitch Please event. This is an opportunity for startup founders to showcase their products/services and get live feedback from local venture capitalists. The second annual pitch please took place on June 16.
- In the “Accelerators and Mentoring Programs” section, we added the WheelsUP Accelerator—a new program from the First Flight Venture Center based on RTP. In its first cohort, which will begin in August, the 12-week program will guide startups in scaling their biotechnology and health security products/services. In addition to education and mentorship, companies receive cash prizes and the possibility of follow-on funding from the program’s partner venture capital funds.
EVEN MORE ADDITIONS
- In the “COVID Relief Resources” section, we’ve added the recently reopened service from the North Carolina Department of Revenue Business Recovery Grant Program. Serving businesses with economic losses of at least 20%, the program consists of a hospitality grant for arts, entertainment and recreation businesses, as well as catering and accommodation businesses. A reimbursement grant of up to $500,000 is also available for other businesses, even those who have received COVID relief from other programs.
- We’ve added The Loading Dock’s new Wake Forest space to the interactive map of the local coworking spaces and incubators guide. space opened up in December, marking The Loading Dock’s first expansion outside of Raleigh. Suitable for both individual entrepreneurs and startup teams, the space includes dedicated offices, oversized coworking tables, private offices, meeting rooms for up to 45 people, and event space that can accommodate more than 200 attendees.
- We’ve added Dolphin Tank, a series of pitching events for women entrepreneurs, to the ‘Competitions, Grants and Other Funding Sources’ section. The program expands to the Triangle, with an agtech-focused event on June 1 at RTP. According to the websitethe event is part of a partnership with a handful of leading organizations in the local startup ecosystem, including Pappas Capital, NC IDEA, Rex Health Ventures, and Alexandria LaunchLabs.