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Early voting turnout lower than expected in the the Cape Fear

Early voting turnout lower than expected in the the Cape Fear
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Entrepreneurs Thrive Here by Heather McWhorter

Wilmington, North Carolina, is not just a coastal paradise known for its stunning beaches, historic charm, and thriving cultural scene; it's also emerging as a vibrant hub for entrepreneurship, consistently ranking top in the nation (and world). 

November is declared by the city as “Global Entrepreneurship Month” through a proclamation signed by Mayor Bill Saffo. As part of this worldwide celebration of entrepreneurs and entrepreneurship, we are showcasing why entrepreneurs thrive in our community.

In this Insights post, take a closer look at the Wilmington, NC entrepreneurial ecosystem, exploring what makes it unique and why it's becoming an increasingly attractive destination for startups.

1. A Vibrant Startup Community
Wilmington's entrepreneurial ecosystem thrives on the energy and collaboration of its diverse startup community. This strong sense of community fosters an environment where aspiring entrepreneurs can connect, learn, and grow together. Wilmington’s startup community is just the right size – not too big or too small. The founders know each other but we have a robust network of expertise.

2. Access to Resources
Entrepreneurs in Wilmington benefit from a wealth of resources that support business growth including co-working spaces, networking events, and mentorship programs. As an example, the collaborative nature of the Wilmington Coalition ensures that entrepreneurs and small businesses get to the right program fast. We remove barriers and welcome all to entrepreneurship. Coalition members and supporters include:

Programs, Mentorship

AARP North Carolina
Brunswick Community College Small Business Center
Cape Fear Community College Small Business Center
Cape Fear SCORE
Channel, powered by Live Oak Bank
Genesis Block
The Kairos Center
Network for Entrepreneurs in Wilmington (NEW)
UNCW Center for Innovation and Entrepreneurship (CIE)
UNCW Small Business and Technology Development Center (SBTDC)
Wilmington Chamber of Commerce
YWCA Living the Dream Center for Entrepreneurship

Funding--CDFIs


Carolina Community Impact (CCI) Fund
Partner Community Capital
Thread Capital

3. Proximity to Educational Institutions
Wilmington is home to several well-respected educational institutions, including the University of North Carolina Wilmington (UNCW) and Cape Fear Community College. These institutions play a significant role in the city's entrepreneurial ecosystem, offering a pool of young talent, research opportunities, and collaboration prospects. UNCW recent designation as an R2 status continues to elevate our focus on innovation and entrepreneurship, which in turn nurtures the city's startup scene.

4. Booming Tech Scene
Wilmington's tech scene is on the rise. The city has grown and attracted an increasing number of tech companies, offering innovative solutions across various industries from fintech to biotech to bluetech to cleantech – and more. Tech startups have found an accommodating home here, thanks to a skilled workforce, affordable living, and a supportive community.

5. Strategic Location
Situated on the East Coast of the US, Wilmington boasts an advantageous geographical location. The city's port facilities and transportation infrastructure provide businesses with easy access to markets throughout the Southeast and beyond. This strategic location is a significant asset for companies looking to expand and distribute their products or services.

6. Thriving Arts and Culture
Wilmington's vibrant arts and cultural scene is not just about entertainment; it also feeds into the city's entrepreneurial spirit. Creative entrepreneurs, from filmmakers to artists and designers, find inspiration and support in the city's dynamic artistic community. This unique fusion of art and business creates opportunities for unique ventures and creative startups.

7. Quality of Life
Wilmington offers an exceptional quality of life that attracts both aspiring and seasoned entrepreneurs. The city's coastal beauty, recreational activities, and a laid-back lifestyle make it an attractive destination. At the UNCW Ocean Innovation Conference, attendees learned about Blue Mind, which is why people are happier, healthier, and more creative and innovative near water. Being surrounded by beautiful waterways drives the resiliency and creativity of our innovators.

In conclusion, the entrepreneurial ecosystem in Wilmington, NC, is on the rise, and it offers a promising environment for startups. With a supportive community, access to resources, and a strategic location, the city has all the right ingredients to foster innovation and economic growth. As Wilmington continues to develop its entrepreneurial ecosystem, it's likely that even more exciting opportunities will emerge for innovators. I can’t wait to see what our future holds for everyone to succeed through entrepreneurship.

Connect with CIE
To learn more about CIE and our services, programs, and events, follow us on social media: Instagram, Facebook, Twitter, LinkedIn, TikTok, or YouTube. CIE’s website is uncw.edu/cie. 
 
What do you think helps entrepreneurs thrive in our region? Please comment below or connect with me!
 
Heather McWhorter, MS, PE, is the director of the UNCW Center for Innovation and Entrepreneurship. CIE is a resource for high-impact start-ups and the early-stage business community to help diversify the local economy with innovative solutions. For more information, visit www.uncw.edu/cie.

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Events set to commemorate 1898 Wilmington massacre

Numerous events are scheduled in the coming weeks to commemorate the 125th anniversary of the Wilmington Massacre of Nov. 10, 1898.

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Cape Fear Garden Club holds annual grant disbursement event

Cape Fear Garden Club holds annual grant disbursement event
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Wilmington City Council candidates speak at public forum ahead of election

Wilmington City Council candidates speak at public forum ahead of election
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Dina Leigh Wilde-Ramsing, 73 | Port City Daily

WILMINGTON — Dina passed away peacefully at home on Wednesday, October 18, 2023 with her loved ones by her side and holding her hands. Art was her life…

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Newsroom conversations: Election 2023 candidate forums, important voter info

Newsroom conversations: Election 2023 candidate forums, important voter info
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NC headliners: Tracking October events & deadlines across the state

Serving readers statewide, here’s our latest preview of upcoming conferences, workshops, deadlines and socials across North Carolina through the end of October.

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Have a question for a municipal election candidate? Ask it at our forum

SOUTHEASTERN N.C. — During last year’s election season, Port City Daily, WECT and WHQR came together to host candidate forums ahead of the 2022 midterm…

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Port City United program helping folks navigate trades and training programs

Port City United program helping folks navigate trades and training programs
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