Bennet Waters News Today

This is the fifth year of the Summit, which encourages entrepreneurship as a strategy for economic development and anchors the national Global Entrepreneurship Week.

DURHAM — NC IDEA, a private foundation committed to supporting entrepreneurial ambition and economic empowerment in North Carolina, announced today the final agenda and speaker lineup for the organization’s 5th

NCInnovation, the group backed by $500 million from the state of North Carolina that's to focus on commercialization of university research, has named a chief innovation officer and hired four "Regional Innovation Network Directors" to help spearhead its efforts.

Lawmakers are weighing the largest infusion of taxpayer money into a non-state entity in North Carolina history. Opponents say the money could be used for other priorities.

Here's what happens when conservatives don't pay attention

The nonprofit NCInnovation has as its primary goal the commercialization of research developed and funded within the UNC System, utilizing regional hubs with a rural North Carolina emphasis.

“This is the type of opportunity that can transform the lives of generations of North Carolina residents by creating opportunities for them in their own communities,” says Bennet Waters, CEO of NCInnovation, the nonprofit that would receive the money if the Senate plan passes.

North Carolina lawmakers and Gov. Roy Cooper have proposed that the state give $50 million to a business-led nonprofit that wants to set up regional hubs to promote the commercialization of university research and know-how. Here are the details as reported by Business North Carolina.