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Tenant News

March 2017

Flywheel Settles into Its New Home in Center for Design Innovation

Flywheel LLC pivoted from its original business plan about a year after opening in September 2014 in the 525@Vine building in the Wake Forest Innovation Quarter, evolving from conventional co-working space into a place that also accelerates and starts new businesses.

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February 2017

How to Make Strategic Big Bets

Wake Forest University was doing just fine. Its national profile was rising, and so was its enrollment. But campus leaders knew that it was losing desirable students to rival institutions because it had no engineering program, and its science facilities were showing their age.

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Chondrial Therapeutics secures $22.6m in Series A financing

Biotechnology company Chondrial Therapeutics, focused on the treatment of rare mitochondrial diseases, has secured up to $22.6m in Series A financing led by Deerfield Management besides naming a new president and CEO in Carole Ben-Maimon, MD.

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January 2017

Collective Bias and Inmar Celebrate New Acquisition with GUINNESS WORLD RECORDS™

Inmar, Inc. and Collective Bias, Inc., an Inmar Company, announced today that the companies have achieved the GUINNESS WORLD RECORDS title for the largest triangle ensemble.

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Art Meets Innovation

Mocksville sculptor and metalsmith Dempsy Calhoun is creating metal and wood sculpture he calls “Tri-Lateral Agreement,” in the lobby of the new Wake Downtown building in the Wake Forest Innovation Quarter.

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Olga Pierrakos Appointed as Founding Engineering Chairwoman in Wake Downtown

Wake Forest University announced Tuesday that it has appointed Olga Pierrakos as founding chairwoman of the new Department of Engineering in Wake Downtown.

She is one of only a few women heading departments of engineering at institutions across the United States.

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Flywheel Launches New Business Idea Competition Worth an Average of $50,000 in Seed Money

Flywheel LLC announced on Monday the start of the second annual New Ventures Challenge business idea competition.

Through the challenge, eight startup business teams will have the opportunity to receive an average of $50,000 each in seed funding and months of assistance with business development and acceleration.

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Catalyst Funding to Support 6 Early-stage Technologies Invented at Wake Forest Baptist

Six early-stage technologies, all invented at Wake Forest Baptist Medical Center and being developed through Wake Forest Innovations, will receive a combined $595,000 investment to support their initial development.

The funding was announced Wednesday by Pappas Capital and Wake Forest Innovations, the money coming through the Catalyst Fund, a $15 million technology development program established by Wake Forest Baptist Medical Center in October 2015.

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Classes Start at Wake Downtown in the Innovation Quarter

As a child growing up in Lexington, Jaime Fashimpaur said she often visited downtown Winston-Salem and imagined the Bailey Power Plant as a part of the cityscape, but until today she had never ventured into the area now home to Wake Forest Innovation Quarter.

An art history major at Wake Forest University, Fashimpaur is one of about 275 students who have enrolled in 18 classes at the new Wake Downtown.

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Cognistx Still Has Green Light for Growth

Plans are on go for Cognistx, the new tech company in Winston-Salem’s Innovation Quarter, to employ 60 within five years. That was the goal the company announced when it opened its Winston-Salem office last spring.

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54-Year-Old Medical Student at Wake Forest School of Medicine is Living Her Dream

Suzanne Watson couldn’t help but laugh when she received her AARP card and her acceptance letter from Wake Forest School of Medicine in the same week at the age of 50.

“I sold my SUV and bought a convertible, and I got the license plate REV DOC,” said Watson, who spent 15 years in the ministry before applying to the medical school.

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Downtown A-WAKE-ening

When you take on a major project like transforming an old tobacco company warehouse into a place where students learn about health and science, things don’t always go as planned.

Take what’s happening in the heart of downtown’s Innovation Quarter. This month (January) Wake Forest University undergraduates will be taking classes for the first time at Wake Downtown, a historic expansion of the university away from its Reynolda Campus.

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December 2016

MullenLowe / TPG Architecture

After a successful teaming for the design of their Boston headquarters, MullenLowe engaged TPG Architecture to design its new office in Winston-Salem, NC: a 37,500 square foot space in the city’s newly developed Wake Forest Innovation Quarter. The office design was an opportunity to create a strong communications touchpoint expressing MullenLowe’s identity as a “challenger” in the advertising industry, a scrappy do-everything ad firm with a global reach.

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Regenerative Medicine Physician Named R&D Magazine’s 2016 Innovator of the Year

Anthony Atala, M.D., is a pediatric surgeon by training. He often performs surgery on his youngest and most vulnerable patients. And it’s no easy task for him.

“There’s nothing more devastating than being in the operating room and doing surgery on patients where you’re putting things in that really don’t belong there, but you know that’s the only option you have. And you know that they’re prone to cause problems, but you don’t have a better option,” he told R&D Magazine in an exclusive interview.

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Venture Cafe Coming to Wake Forest Innovation Quarter in 2017

Venture Cafe, a nonprofit organization that holds meetings to bring together members of the startup business community, announced Monday that the group has expanded its network of weekly innovation and entrepreneurial gatherings to the Wake Forest Innovation Quarter in early 2017.

Venture Café Winston-Salem is part of the nonprofit’s rapidly expanding global network that includes locations also in St. Louis, MO.; Miami, Fla.; and Rotterdam, The Netherlands.

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Triad Co-working Space to Move into Center for Design Innovation

Downtown Winston-Salem co-working space Flywheel will be moving to the Center for Design Innovation in the south district of the Wake Forest Innovation Quarter in late January from its current location at the 525@Vine building.

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Need a New Organ? Surgeon Anthony Atala Sees a Future Where You Can Simply Print It Out

In a harshly lit laboratory in Winston-Salem, North Carolina, there sits a machine that is, in many ways, similar to a standard-issue desktop printer. It has ink reservoirs and nozzles, an internal fan to keep it cool, and a set of input jacks that can be used to connect it to a nearby computer. It is subject to the occasional jam. And yet the 800-pound steel and plastic device is unlike anything you’ve ever encountered, because what it prints is alive—millions and millions of living human cells, contained in a viscous gel and woven through delicate biodegradable supports in a quivering simulacrum of human tissue. 

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Our View: A Generous Vision

“To think how great a gift one small checked box could be.”

So said Ernie Eichhorn Sr. in reference to the box his son, Ernie Jr., checked on his driver’s license, allowing the donation of his corneas after his accidental death, as the Journal’s Jenny Drabble reported recently.

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Triad: New Salem

Can an aging, much-maligned 57-year-old downtown expressway become an attractive asset for a city that wants to be known for its creativity? Winston-Salem will find out over the next three years as a public-private partnership improves a stretch of Business 40, now rebranded as Salem Parkway. The goal is to accelerate the momentum of the city’s downtown, which has come alive with more than $1 billion of investment in medical and research buildings, hotels, art galleries, restaurants and bars.

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November 2016

Triad Ad Agency Adds Seven Employees, with More Hires to Come

The Variable, located in Wake Forest Innovation Quarter, is adding seven employees to its team, with more hires to come in the near future. The business now has 35 employees, double the number it had in 2014.

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Winston-Salem’s Inmar Agrees to Acquire Collective Bias

Inmar Inc. has entered into an agreement to acquire Collective Bias, a shopper-focused influencer marketing company based in Bentonville, Ark.

Financial terms of the transaction, which is expected to close next week, were not disclosed.

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Clinical Ink Extends Global Support for Patient Engagement and eCOA

Clinical Ink, the pioneering provider of eSource and patient engagement technologies for clinical trials, today announced the latest release of SureSource Engage®, enabling clinical trial sponsors and contract research organizations (CROs) to significantly increase patient adherence, retention and data quality by engaging with patients using their mobile devices.

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How ‘Petey-Atrix’ and ‘Simone’ Are Helping Students Learn About Pediatric Medicine

When Wake Forest Baptist Medical Center opened the new medical education building for its School of Medicine in Wake Forest Innovation Quarter last summer, the Bowman Gray Center for Medical Education came with the latest innovations in technology and design.

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Worldwide Business with Kathy Ireland® Explores How Cognistx is Transforming Customers into Individuals Through Actionable Insight

Worldwide Business with kathy ireland® announces an exclusive interview with Sanjay Chopra, CEO of Cognistx, a cognitive computing company that is s transforming the customer buying experience.

This interview will focus on driving transformational customer experiences using intelligent – learning algorithms that optimize themselves and become smarter with each customer interaction, called Cognitive or Machine Learning Algorithms.

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Twin Arches Now Part Of Winston-Salem Skyline Twin Arches Now Part Of Winston-Salem Skyline

Winston-Salem now has a new landmark to greet visitors. Over the weekend, twin arches were installed over U.S. 52.

They’re part of the Salem Creek Connector now under construction. The connector will run from Winston-Salem State University to Wake Forest Innovation Quarter Research Park.

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Forsyth County High Schools Girls Look to ‘Sisters in Science’ for Inspiration

More than 100 Forsyth County girls got a peek Monday into what could be their futures.

A diverse group of high school girls interested in science and medicine became “sisters in science” with medical students and professors — women who were in their shoes 10, 20 or 30 years ago. An annual event hosted by women of the Wake Forest School of Medicine, Sisters in Science seeks to mentor and encourage high school-aged girls considering a career in medicine.

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MullenLowe Winston-Salem Names Former Geico Lead as President, Promotes Three Creative Leaders

The Winston-Salem, North Carolina office of MullenLowe made several key changes this week, naming a new president and launching a separate B2B practice while parting with its top creative and moving its former president into a new role.

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October 2016

Raleigh Law Firm Opens First Triad Office

A Raleigh-based based intellectual property law firm recently expanded with a new office in Winston-Salem as part of a move to serve entrepreneurs and burgeoning tech firms around the growing Wake Forest Innovation Quarter.

Justin Nifong, co-founder and patent and trademark attorney with NK Patent Law, said that the firm moved into a suite within the Albert Hall building at 101 N. Chestnut St., about a month ago. The firm will focus on providing patent and trademark legal services to early stage businesses, Wake Forest related spin-out companies, and manufacturing firms in the Twin City.

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Clinical Ink Reports Record Contract Signings in Q3 – $16M in Bookings

Clinical Ink, the pioneering provider of eSource and patient engagement technologies for clinical trials, today announced record quarterly contract bookings of $16M in the third quarter of 2016.

“These results demonstrate that the market is ready for eSource adoption now,” said Ed Seguine, CEO, Clinical Ink. “Demand for our eSource platform has been broad-based across large pharma, biotech, and CROs. Early adopters are realizing dramatic improvements — closing their study databases 23 hours after the last patient visit, reducing data management and monitoring costs by more than 25%, and gaining unparalleled insight and visibility into protocol execution by the sites. We see interest continuing to accelerate as the industry recognizes that eSource provides a better experience for sites, patients and sponsors than the current EDC model permits.”

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Creative Startups Awards $50,000 in Funding

Creative Startups, the national startup accelerator program, announced the Southeastern winners of $50,000 in funding to three creative entrepreneurs. Embodied Labs, Chicago, took the top $25,000 prize; The Feeling Friends, Winston-Salem, NC, received$15,000; and Muddy Creek Café & Music Hall, Winston-Salem, received $10,000. More than 100 applicants applied to the program from 19 countries and 21 states, including Washington, DC.

“Winston-Salem was the perfect place to host this program,” said Winston-Salem Mayor, Allen Joines, who declared September 25 to 30 as Creative Startups Week. “Our creative economies have grown more than 17 percent in the past five years. What these companies are doing will pay great dividends in the future.”

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September 2016

Medical Students Learning How to Listen to Patient Stories

Every patient has a story — and healthcare improves when doctors listen carefully.

Faculty and staff at Wake Forest School of Medicine and the Humanities Institute of Wake Forest University understand this.

They have collaborated to offer “Story, Health and Healing: A Symposium on Narrative in Medicine.” The symposium is Saturday to help providers and students hone their listening and story-telling skills.

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Inmar Named Finalist for Innovative Workplace Award

Inmar has been named a 2016 finalist for the Innovative Workplace Award by the North Carolina Technology Association (NCTA). The NC Tech Awards recognize companies and individuals who have characterized excellence, innovation and leadership.

Inmar is being recognized for its Innovation Lab, which is located in the company’s headquarters in Wake Forest Innovation Quarter in Winston-Salem, NC. The Innovation Lab is a distinct, collaborative experience designed to foster innovation. Inmar created the Innovation Lab to help clients discuss, ideate and solve technology, industry and business challenges. Understanding that the best solutions come from many minds, Inmar built a system that would bring to light cutting-edge concepts hidden below the surface.

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Meet the Triad’s Growth Engines: A Countdown of 2016’s Fast 50 Winners

Ready for a little encouragement? Scroll through the attached slideshow for a glimpse at Triad companies that are driving growth in our economy and beyond.

In this slideshow, we reveal the winners in our 18th annual Fast 50 awards, which recognize the region’s 50 fastest-growing, privately held companies. The winners were announced, in reverse order, at an awards ceremony this evening at Grandover Resort & Conference Center.

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Venture Innovation Cafe Entrepreneurship Mixer to be Held Thursday

The second annual Venture Innovation Cafe, an entrepreneurship mixer, will be held Thursday in Wake Forest Innovation Quarter.

Venture Innovation Cafe will highlight organizations focused on the success of local small businesses. The mixer, sponsored by the Entrepreneurial Ecosystem of Forsyth County, will be take place from 2 to 4 p.m. at 525 Vine St. It is free and open to the public.

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Wexford Science & Technology to Become an Independent Company

Wexford Science & Technology, LLC today announced that it has become an independent company, owned and operated by its existing management team. The change occurred simultaneously with the closing of Ventas, Inc.’s (NYSE: VTR) acquisition of Wexford’s real estate assets from Wexford’s former parent company BioMed Realty, L.P., an affiliate of Blackstone Real Estate Partners VIII L.P. Additionally, under the new agreements with Ventas, Wexford will continue to manage and operate the existing $1.5 billion portfolio of university-centric assets now owned by Ventas and lead joint development of future projects on the Wexford Knowledge Community platform.

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ConvergeSouth’s 12th Annual Conference to Take Place September 16th

ConvergeSouth has become the region’s premier technology and creativity conference for businesses, non-profits, and emerging entrepreneurs alike. This year’s day-long conference is set for Friday, Sept. 16, in Wake Forest University’s Innovation Quarter and will feature keynote speaker The Sales Lion Marcus Sheridan, whose obsession is helping companies become the best communicators.

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Winston-Salem Company State Firms Pitching for Investment Funds at Business Startup Showcase

Winston-Salem-based Leading Role will be among four companies pitching their startups on Friday at the 2016 New Ventures Demo Day at Biotech Place in Wake Forest Innovation Quarter.

The other startups are Catalant and Scout IoT, based in Greensboro, and Petrics, based in Wilmington.

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Triad Nonprofit is within $500k of $5.4M Campaign Goal

Winston-Salem nonprofit Creative Corridors Coalition announced Tuesday that it now has less than $500,000 to raise of its initial fundraising goal of $5.4 million for roadway and bridge enhancement projects in Winston-Salem.

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August 2016

Inmar and Wake Forest Innovation Quarter Host 5K Run/Walk

Inmar’s annual 5K, held in its headquarters city of Winston-Salem, NC, has been central to the company’s award-winning Wellness program for four years now. A favorite among its associates, Inmar is expanding this year’s race on September 10 – collaborating with Wake Forest Innovation Quarter to deliver a day of serious and fun competition for those of all experience levels. The 2016 Inmar/Innovation Quarter 5K is also part of the new Piedmont Race Series.

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Class of 2020 Makes History at Wake Forest School of Medicine, But How?

There certainly remains a gender gap among physicians, but here’s a sign that times could be changing.

The class of Wake Forest School of Medicine students that last month entered Wake Forest School of Medicine’s Bowman Gray Center for Medical Education includes the largest ever number of female students.

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Creative Startups Announces Competitors For $50,000 In Venture Funding

Ten creative entrepreneurs will compete for $50,000 in venture funding as part of Creative Startups‘ newest Southeastern Accelerator program in Winston-Salem, NC. The world-class program educates startups on business model development venture funding sources. Hosted by the Center for Creative Economy in Winston-Salem, the goal is to get creative business ventures beyond launch stage to customer acquisition and profitability.

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Lowes Foods Is First Grocer to Launch Inmar Digital Coupons into Unata-Powered eCommerce

Unata, the award-winning provider of 1-to-1 digital solutions for grocers, and Inmar, a technology and analytics company, today jointly announce a collaboration to integrate digital coupons directly into grocers’ eCommerce and eCircular programs to enable more inter-connected and seamless digital grocery experiences. Lowes Foods is the first grocery retailer to launch this new integrated solution, embedding Inmar’s digital coupons into the Unata-powered eCommerce and eCircular experiences.

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Two Local Technology Companies Partner to Advance Cognitive Computing

Technology industry leaders from Accenture to Gartner to McKinsey recognize the future of computing will be cognitive, calling it a disruptive force and estimating the industry to reach $200 billion by 2020. Cognitive computing is based on leading edge technology including artificial intelligence, natural language processing, Big Data, advanced analytics and machine learning algorithms. The Treehouse-Cognistx partnership will allow customers to ingest massive amounts of data, whether that data is numbers, images, or audio files, and mine it to find insights that lead to action, and ultimately to increased revenue from improved customer engagement.

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Industrial Strength: TPG Architecture Converts a Tobacco Factory into a Versatile Office Space for an Advertising Agency

Cigarettes built Winston-Salem, North Carolina, just as much as bricks and mortar. By 1916, four decades after an entrepreneurial 20-something named R. J. Reynolds established a tobacco venture there, his company imported so much Turkish tobacco and French rolling papers for its blended varieties that the city became the eighth-largest port of entry in the United Sates—despite being 200 miles inland.

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July 2016

New Initiative Helps Women Start, Grow Businesses in Winston-Salem

Fay Horwitt is so passionate about empowering women that she recently formed a nonprofit initiative called innovateHER to help women launch, fund and grow businesses in Winston-Salem.

InnovateHER is housed in Flywheel Coworking at 525 Vine St., Suite 210, in Wake Forest Innovation Quarter. Initial offerings are workshops, one-on-one coaching, networking and web-based resources for local women founders.

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The Many Faces of Innovation in U.S. Cities

Innovation has always been a messy business, a twisting path of colliding ideas and accidental discoveries. What has changed over time is not how we innovate but where we innovate.

Bruce J. Katz, who founded the Brookings Institution’s Metropolitan Policy Program and is an author of the “Metropolitan Revolution, said it hadshifted from research parks and suburban corporate campuses to companies that work with networks of researchers, entrepreneurs and investors.

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Wake Forest Baptist Completes New Medical Education Building

If you, your children, or even your children’s children happen to get sick, there’s a good chance that current medical school students will be the ones giving treatment. With the world of health care changing so rapidly, medical schools need to make sure they stay ahead of the curve; and ahead is exactly where the Wake Forest School of Medicine has positioned itself to be with the completion of their new Bowman Gray Center for Medical Education.

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Here are the Triad’s Most Admired CEOs

It was late last fall when we at Triad Business Journal and our sponsors began planning a new awards program that focused squarely on exceptional CEOs and their impact on our region.

We’ve long had awards programs that recognize their organizations, from Healthiest Employers to Best Places to Work to our Fast 50, which recognizes the region’s fastest-growing private companies (deadline is July 15, by the way).

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Inmar and Allegacy Technology Teams Take Their Skills to Those Needing…

Quality of life is increasingly influenced by one’s access to and ability to use technology – job, school, healthcare, finances, entertainment – there are few areas that do not require some level of proficiency. But, not everyone has access to tech support when they have questions or need help with anything from troubleshooting problems with a personal computer or mobile device to learning ways in which technology can help them most every day.

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June 2016

Wake Forest University Baptist Medical Center Researchers Develop Medical App to Help Evaluate Patients with Chest Pain

Researchers at Wake Forest Baptist Medical Center have developed a medical app for risk-evaluation and clinical support that can help emergency department personnel more efficiently determine which patients with acute chest pain can be discharged safely.

The app, called the HEART Pathway, is now available as a free download in the Apple App Store and is based on a clinically validated protocol developed by researchers at Wake Forest Baptist.

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Honesty Helps Make This Life-Sciences Tech Firm a Best Places Finalist Among Small Employers

The Triad Business Journal on Wednesday evening revealed the honorees in its Best Places to Work awards program, including celebrating the top scorer overall and the top three scorers in each of three size categories based on local employee counts.

Winners were determined by national research firm Quantum Workplace, based on employee responses to a survey gauging factors ranging from workplace engagement to executive commitment. Employers had to achieve a participation threshold based the size of their local work force and had to score an overall score of 82 to be among the honorees.

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Ranking No. 2 Among Large Employers in the Triad’s Best Places to Work Program is …

The Triad Business Journal on Wednesday evening revealed the honorees in its Best Places to Work awards program, including celebrating the top scorer overall and the top three scorers in each of three size categories based on local employee counts.

Winners were determined by national research firm Quantum Workplace, based on employee responses to a survey gauging factors ranging from workplace engagement to executive commitment. Employers had to achieve a participation threshold based the size of their local work force and had to score an overall score of 82 to be among the honorees.

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Five Startups Split $70K from Winston-Salem Venture Fund, with Chance at $250K

Five startups from a pool of 235 were selected to share in $70,000 in upfront funding as part of the 2016 fund of Winston-Salem-based New Ventures Investment Club.

Each of the five will now participate in the New Ventures Startup Accelerator program based at Flywheel Cowork in Wake Forest Innovation Quarter, with the opportunity to secure $50,000 each in total funding.

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May 2016

There Are No Good Clients Anymore: What One Ad Agency Learned When It Became Its Own Client

The production department at an agency I used to work for had a sign overhead that said, “Good? Fast? Cheap? Pick two.” It was funny in a sad way.

But these days, it has become tragic. Clients want all three. All the time. And if you dare try to run a business (ie ask for more money) or respect your employees (ie ask for more time) or value a craft (ie try to make something great) clients will simply call upon any number of suitors who are all too willing to step into your role.

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Southeastern Creative Entrepreneurs Compete For $50,000 In Funding

Creative Startups, the world-class program that helps creative entrepreneurs develop business models and identify venture capital funding, has launched its newest business accelerator program for the Southeastern United States. Hosted by the Center for Creative Economy in Winston-Salem, NC, the program announced that it is now accepting applications from creatively-driven companies that want to compete for $50,000 in angel or venture capital funding.

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Former Oracle CTO Joe Alea Joins Clinical Ink as Chief Technical Officer

Clinical Ink®, the top provider of cloud-based eSource and patient engagement solutions for clinical trials, today announced that Joe Alea has joined the company as Chief Technical Officer. Reporting to Clinical Ink’s chief executive officer Ed Seguine and working from the Cambridge, MA location, Alea will head up all technology functions globally, playing a central role in the development and execution of the Company’s overall product strategy and success.

“Well-designed and highly functional technology lies at the heart of our innovative approach to clinical research,” said Clinical Ink CEO, Ed Seguine. “It’s exciting for us to bring on a leader like Joe. He brings an impressive track record in developing successful product growth strategies that deliver distinctive value to life sciences and healthcare companies.”

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Forrest Firm Announces Winston-Salem Triad Office, Flywheel Community Partnership

The Forrest Firm, P.C., a North Carolina B-Corp certified law firm focused on helping entrepreneurs and executives achieve sustainable growth, has opened its first Triad office, which will be located in downtown Winston-Salem.

The Forrest Firm’s expansion into the Triad will help the firm better serve its existing clients in central and western North Carolina and be a local resource for businesses and non-profits needing corporate legal counsel.

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April 2016

Clinical Ink Appoints Scott Miltenberger as Chief Financial Officer

Clinical Ink®, the pioneering provider of eSource solutions for clinical trials, today announced that Scott Miltenberger has joined the company as Chief Financial Officer (CFO). As Chief Financial Officer, Scott Miltenberger leads Clinical Ink’s accounting, business planning and global financial operations. He reports directly to Clinical Ink CEO, Ed Seguine.

“It’s a privilege to join Clinical Ink, a company that brings together a unique mix of entrepreneurial talent and seasoned, global expertise,” said Scott. “The dynamic and fast-moving environment is exciting, and I look forward to working with this team to help develop and support clinical trial sponsors and partner companies in their innovative, and potentially industry-transforming, work.”

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Procter & Gamble Transitions Paper and Digital Coupon Processing to Inmar

Inmar today announced that The Procter & Gamble Company PG 0.13% has selected Inmar to take on all of its U.S. coupon processing, settlement and fraud prevention services. Prior to this agreement, P&G processed coupons for its strong portfolio of world-class brands (including Bounty®, Charmin®, Crest®, Dawn®, Downy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Olay®, Oral-B®, Pampers®, Pantene®, Tide®, Vicks®, and Whisper®) with its leading in-house team in Cincinnati, Ohio. As part of this agreement P&G’s coupon processing team has joined Inmar and will shift to Inmar’s Cincinnati office.

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March 2016

Ever wonder how coupons work?

Have you ever wondered how coupons work? Charles Brown in Newnam, Georgia, did, and he sent in this question for our “I’ve Always Wondered” series:

“I’ve always wondered how coupons work. Are the stores paid a commission for accepting them? And how are they tracked?”

To keep things simple, we decided to focus on paper coupons, rather than the digital coupon segment (the kind you might use on your smartphone). Though digital coupons are on the rise, they still are a small share of the market. According to the coupon processing firm Inmar, 2.4 billion paper coupons were redeemed in 2015, compared to about 62 million digital coupon redemptions.

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Students from Top Universities to Compete During Marketing Analytics Summit at Inmar Analytics Forum

Student teams from universities across the globe will compete in this year’s Wake Forest University School of Business Marketing Analytics Summit. The Marketing Analytics Summit, held in conjunction with the Inmar Analytics Forum, is a student-run competition that offers both graduate and undergraduate students the opportunity to apply their marketing skills and creativity to real-world business challenges. This is the 26th year for the competition, with teams competing for a prize purse of $50,000.

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Clinical Ink Notches 2015 Milestones and Record Results

Clinical Ink®, the pioneering provider of eSource solutions for clinical trials, today announced financial results for the full year 2015 and noted significant customer achievements.

“We are well positioned for a strong 2016 and beyond with solid sales growth generated by multiple multi-trial deals and a record backlog,” said Ed Seguine, Clinical Ink’s chief executive officer. “These business results attest to Clinical Ink’s unique solution and long-term growth prospects. Our investments in platform capabilities, scale and people are paying off, as more customers recognize the compelling business benefits of abolishing paper and EDC from their clinical research processes to accelerate innovation in drug development.”

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Flywheel Business Idea Competition to Award $400K in Seed Funding

Winston-Salem coworking space Flywheel has launched New Ventures Challenge 2016, a business idea competition that will offer up to eight startup business teams a shot at tens of thousands in seed funding.

Competitors selected for the challenge will spend June through August in the New Ventures Accelerator at Flywheel, located in Wake Forest Innovation Quarter, and follow the time in the accelerator with a two-month residency at Flywheel.

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Inmar Demonstrates New Focus on Emerging Brands with Creation of Center for Brand Excellence

Inmar, a leading provider of innovative, technology-powered business solutions for retailers and manufacturers, has announced the creation of the Inmar Center for Brand Excellence. The Center is a unique solution-source for emerging brands, providing them the data, tools and strategies they need to take full advantage of new and unprecedented growth opportunities developing in today’s marketplace.

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KeraNetics Discloses Securities Sales Update

KeraNetics LLC, a Winston-Salem biotechnology company, submitted Friday an amended regulatory filing that updated plans on its offer of equity, stock options or warrants, and other securities.

KeraNetics began offering up to $4 million worth of the securities on March 20, 2015. The company said it has sold just under $3.4 million and plans to sell the remaining $601,857.

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WFU to Offer Biomedical Sciences and Engineering Programs at the Innovation Quarter

Wake Forest University said today that it will offer biomedical sciences and engineering programs in the Wake Forest Innovation Quarter in downtown Winston-Salem.

The university’s downtown presence is called Wake Downtown and will start in January 2017.

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Is Inefficient EDC Technology Holding Back The Paperless Revolution?

When it comes to clinical trials, the pharma industry has talked about making them paperless for more than a decade. But even today it seems to be a problem that the industry has not done a good job solving. “There are times when we all seem to just be grasping at straws,” says Ed Seguine, CEO of Clinical Ink. “Everyone seems to be focused on the adoption of EHRs and EMRs, and how that will enable the industry to access huge volumes of data. But in reality, nothing has fundamentally changed in how we conduct clinical trials. We seem to be waiting for new solutions to emerge, even as we continue to do the same things over and over again.”

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Clinical Ink Appoints Stephen Boccardo as Chief Commerical Officer

Clinical Ink, the pioneering provider of eSource solutions for clinical trials, announced that Stephen Boccardo has joined the company as Chief Commercial Officer (CCO). In this newly created role, Mr. Boccardo is responsible for leading all Clinical Ink commercial activities, including the global sales and marketing teams. He reports directly to Clinical Ink CEO, Ed Seguine.

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Inmar Inc. Names New President

Inmar Inc. has named Roy Simrell as its president and chief client officer.

Simrell will lead sales and marketing across all of Inmar’s business lines. He fills a role previously occupied by Jennifer Mauldin, who retired in 2015 after 25 years with Inmar and now serves as executive in residence for the Inmar Foundation.

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February 2016

Incredible 3D Printer Can Make Bone, Cartilage, and Muscle

A team of biomedical researchers at Wake Forest Institute for Regenerative Medicine has just completed an invention 10 years in the making. It’s a 3D printer that can craft relatively simple tissues like cartilage into large complex shapes—like an infant’s ear. Using cartridges that are brimming with biodegradable plastic and human cells bound up in gel, this new kind of 3D printer builds complex chunks of growing muscle, cartilage, and even bone. When implanted into animals, these simple fabricated tissues survive and thrive indefinitely.

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January 2016

Krankies Takes Next Step with Addition of Kitchen

Call it Krankies Coffee 3.0, 4.0 or even 5.0. If you haven’t been to Krankies lately, you really haven’t been to Krankies.

In October, Krankies completed a yearlong renovation. And though the look and feel remain the same, in many ways the place has been transformed.

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Inmar to Offer Free Technology Assistance

Inmar Inc. will hold its second Community Tech Night on Thursday in conjunction with WinstonNet.

The session will run from 7 to 9 p.m. at the Fourteenth Street Community Center, 2020 N.E. 14th St. in Winston-Salem. No appointment is necessary.

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Inmar Acquires Consumer Insight Firm Willard Bishop

Inmar Inc. announced Thursday it has acquired Chicago-based consumer and retail insight research firm Willard Bishop.

The Winston-Salem-based retail technology firm did not disclose the terms of the deal, which it touts as a move to increase its capabilities to process data around food retailing.

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The Syllabus: Wake Forest Grows

Wake Forest University passed along this story last week:

New Moves for WFU Transcend Traditional Reynolda Campus Boundaries

The TL,DR version: Wake Forest is expanding. Here are the university’s three newest outposts.

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Wake Forest Medical School Notches Millions in Fundraising Gifts

Two multimillion-dollar gifts to support the construction of Wake Forest School of Medicine’s new home within Innovation Quarter announced this week have pushed fundraising for the project above the $7 million mark.

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December 2015

Inmar to Fund Computer Science Scholarships at Wake Forest University

Retail technology firm Inmar Inc. has announced it will fund up to 10 annual scholarships for Wake Forest University students pursuing computer science degrees.

The undergraduate scholarships include a $10,000 award and provide participants the opportunity to earn $6,400 during the summer and up to $5,000 during the school year through work study programs at Inmar, which has its headquarters in Wake Forest Innovation Quarter in downtown Winston-Salem.

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November 2015

Couple happy with their quick move to Plant 64 apartment

Some things are just meant to be.

Carol and Gene Seeber had pondered moving to downtown Winston-Salem for several years. Today, they rent an apartment home at Plant 64, a former R.J. Reynolds building where Camel cigarettes were manufactured.

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Local advertising agency’s growth spurs need for new space in Plant 64

Employees call The Variable a “reformed ad agency.” The Variable is small — about 35 employees — but has recently won several high-profile advertising awards. Company officials say they wouldn’t want to be bigger than 55.

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