Venture Café Chosen to Oversee Plan to Nurture Minority- and Women-Owned Business
The local chapter of Venture Cafe was chosen Wednesday to oversee a minority- and women-owned business accelerator that will operate out of Bailey Power Plant in downtown Winston-Salem.
The nonprofit group was selected by Wexford Science & Technology LLC and the Innovation Quarter. The idea was announced July 30.
Venture Café will partner with Piedmont Business Capital to provide support, training and access to funding for local small businesses and entrepreneurs.
Venture Cafe will get $200,000 over two years for the initiative, as well as between 1,400 and 1,600 square feet of additional office space in the Innovation Suites area of Turbine Hall.
Pitch Me With Your Best Shot: Venture Cafe Pitch Please Startup Competition Planned
Six finalists will vie for much-needed exposure and maybe also some words of wisdom from a panel of judges inside Winston-Salem’s Biotech Place at Innovation Quarter Nov. 29.
Venture Cafe’s annual Pitch Please startup competition is underway and the field has been narrowed from an open call for entries to the remaining six companies, broken down into two categories: idea stage and investment.
ISee, Cardenes Vero and CrewPay will compete in the idea stage cateory. Under the investment-ready category are One Donation, HaystackCRM and Wellzesta.Read More
Forsyth Technical Community College’s Next President Announced
The Forsyth Technical Community College Board of Trustees named Janet N. Spriggs, EdD, the seventh president of the college, succeeding Gary M. Green, EdD, who announced he would retire in February, following a 17-year career with the college.
Spriggs has 22 years of service in the North Carolina Community College System, most recently serving as the Chief Operating Officer of Rowan-Cabarrus Community College.
“As a leader, I believe leaders are more effective when they lead from within rather than above, and by influence instead of authority,” said Spriggs.Read More
Wake Forest School of Medicine Moves Community Clinic to Innovation Quarter
The medical student-run DEAC (Delivering Equal Access to Care) Clinic, a free clinic delivering healthcare to underserved populations, had been run for the last 10 years from its location in the Community Care Center on New Walkertown Road.
The clinic has relocated into the School of Medicine’s Bowman Gray Center for Medical Education, in downtown Winston-Salem’s Innovation Quarter. The clinic provides exams, blood work, medication and education on healthy lifestyle choices, along with specialty clinics in areas such as cardiology, pulmonology and dermatology.Read More
Three Creative Startups Are Winners of $50,000 from the Center for Creative Economy
During the past two months, ten creative enterprises completed an 8-week business educational program and came to Winston-Salem, North Carolina, to compete for a split of $50,000 in seed stage investments offered by the Center for Creative Economy as part of the world-class Creative Startups Southeast Accelerator.
EduMotion (Chicago) received the top award of $25,000 to propel “SEL Journeys,” a new digital learning platform, to the next level of growth. Point Motion (Boston) received $15,000 in funding to continue development of a music-based motion control application for the enrichment and assessment of children with special needs. ArtPop Street Gallery (Charlotte, NC) was awarded $10,000 to advance its work promoting the work of local artists and making art accessible to community through available media space.Read More
Owners Fired Up About New Brewery in Bailey Power Plant
Incendiary Brewing Company hopes to light a fire under Winston-Salem this Labor Day weekend with its grand opening.
Incendiary, Winston-Salem’s seventh craft brewery, will open at noon Saturday at 486 N. Patterson Ave. in the former Bailey Power Plant that fueled R.J. Reynolds Tobacco Co.’s factories downtown.
The brewery is owned by Brandon Branscome and John Bacon, two longtime friends who grew up in Winston-Salem and have been home brewing for more than 20 years. The brewmaster is John Priest, formerly of Gibb’s Hundred Brewing Co. in Greensboro.Read More
Demo Day Offers Startups Unique Opportunity
The annual regional showcase of technology startups – Flywheel’s New Ventures Demo Day –– is about two weeks out, and more than 30 Triad tech startup companies are slated to exhibit for a potential audience of more than 500 entrepreneurs, founders and investors.
This year’s event at Winston-Salem’s Innovation Quarter – inside the central atrium of Wake Forest Biotech Place, 575 Patterson Ave. – offers expanded hours, from 9 a.m. to 5:30 p.m.
“We’ve increased dramatically the time that the demo floor will be open,” said Peter Marsh, co-founder of Flywheel Coworking and administrative manager of New Ventures. “Companies will have more time to interact with investors.”
The event will center around 10-minute stage pitches, featuring startups close to completing the Flywheel New Ventures accelerator program.Read More
Three Triad Entrepreneurial Organizations Awarded $10,000 from NC Idea
Three Triad-based entrepreneurial organizations have together been awarded $10,000 from the Durham-based private nonprofit N.C. Idea.
Venture Cafe Winston Salem, Flywheel and Launch Greensboro will use the grant to fund Triad Connects, an online platform driven by artificial intelligence. The platform was created by North Carolina startup Protopia and will launch later this year.Read More
Triad Biotech Center Gains its First Laboratory Tenant
The National Center for the Biotechnology Workforce in Winston-Salem has its first laboratory tenant.
Amy Greeson, a pharmacist, has joined the center. She is the founder of Natural Discoveries, a drug and novel compound discovery company.
Natural Discoveries works to find ways to identify and use plants and compounds in a variety of ways “to bring safe pharmaceutical, nutritional, agricultural and natural skin care products to the world,” she said.Read More
An App a Day: How Big Data is Reshaping Health Care
As he moves through the grocery store, pushing his shopping cart to stands displaying bananas and apples, David Mounts checks the smartphone in his hand. He needs both fruits, and his device tells him the Gala apples are 15 percent off. He grabs a few.
Mounts then heads to the cereal aisle, where he uses his phone to scan two different boxes of Cheerios. The box of regular Cheerios, the device shows, is healthier than the Honey Nut Cheerios Medley Crunch because it has less sugar. So, it’s also added to the shopping basket.Read More
National Science Foundation Funds Locally Led Study of Biomanufacturing Workforce
Forsyth Technical Community College in Winston-Salem has received a nearly $600,000 grant from the National Science Foundation to determine the skills technicians will need for manufacturing jobs related to biomedical devices that intersect with tissue engineering.
The three-year program, which starts July 1, will run through the colleges’ National Center for the Biotechnology Workforce. The grant totals $579,961
NovaQuest, RTI Buy Stakes in Winston-Salem’s Clinical Ink
NovaQuest Capital Management, a Raleigh-based investor in life sciences and health care companies, has acquired a majority stake in Winston-Salem’s Clinical Ink for an undisclosed amount, while the RTP-based RTI International is also investing.
NovaQuest acquired the stake from existing investors in Clinical Ink, which provides a system for paperless clinical drug trials. It also made an undisclosed capital infusion into the company.Read More
Venture Café Winston-Salem Recognizes Three Local Companies for Innovation
Three companies have been recognized by Venture Café Winston-Salem, which announced the winners of its “Triad’s Most Innovative Companies” awards during its weekly gathering Thursday evening.
The “Triad’s Most Innovative Companies” awards were launched this year, with the timing coinciding with Venture Cafe’s one year anniversary in Winston-Salem. An independent review committee selected the winners from 17 nominees.Read More
Inmar Expands Program Tackling Opioid Crisis to 32 States
Inmar Inc., based in Winston-Salem, is expanding its drug take-back program and is providing pharmacies, hospitals and law enforcement agencies in 32 states with medicine drop-off boxes.
The drug take-back program, which aims to curtail abuse of opioid medication, aims to remove unused painkillers and other pills from homes. Inmar first launched the program in North Carolina last year. The company said it has removed almost 4,000 pounds of unneeded medications so far this year.
This science will make your jaw drop (and may one day make it, too)
Beyond advancing mind-blowing science, the Institute of Regenerative Medicine has seen employment surge from 20 researchers to 450 people over 14 years.Read More
What’s Next Now That Triad Biotech Startup Has Closed $500K Seed Round?
Plakous Therapeutics has closed on its $500,000 seed round, the Winston-Salem biotech startup told the Triad Business Journal.
Plakous Therapeutics, which works with placenta tissue to develop degenerative and regenerative therapy, will use the proceeds from its seed round for preclinical studies.
Now the company, which was featured at the CED Life Science Conference last month, is raising up to $8 million in equity, which will be used to validate manufacturing and to prepare its products for clinical trials. Plakous Therapeutics is developing products for a variety of uses, including to help with arthritic joints.Read More
With Davidson as its First Expansion, Flywheel Predicts 15 Other Sites Across Southeast
Flywheel will add its first location outside of the Triad this summer, but it’s far from done. It’s a move that positions the Winston-Salem co-working space to expand its footprint throughout the Southeast.
Flywheel, which will open a co-working space at a new innovation hub being created by Davidson College, has identified 15 cities where it would like to open locations. With the expansion, the company is eyeing smaller markets in North Carolina, South Carolina and Virginia that are anchored by higher-education institutions, said Peter Marsh, co-founder of Flywheel.Read More
Triad Biotech Startup Hoping CED Pitches Pay Off in Funding Push
EncepHeal Therapeutics, a biotech firm based in Winston-Salem, is hoping visibility from a conference last week will help as it raises seed funding to augment the $500,000 it has already raised.
The company was one of two Winston-Salem firms to be featured at the CED Life Science Conference in Raleigh last week. EncepHeal presented twice at the conference. EncepHeal is looking to raise roughly $400,000, CEO Aaron Lazarus told the Triad Business Journal.Read More
Winston-Salem Co-working Company Extending its Reach Outside Triad
After launching its co-working space in Winston-Salem four years ago, Flywheel is expanding its reach outside the Triad.
Flywheel is planning a 9,700-square-foot co-working and social commons space at Davidson College’s Jay Hurt Hub for Innovation and Entrepreneurship. It will be the company’s second location.
“In Winston-Salem, we have built a successful model that cultivates a vibrant member community and accelerates innovation and startup formation,” said Peter Marsh, co-founder of Flywheel. “It’s exciting to bring that model to a special place like Davidson.”Read More
Our View: A Steady Hand
Praise was abundant when Gary Green, the president of Forsyth Technical Community College, announced his retirement last week, and properly so. The fine school has grown under his leadership, in terms of size and resources, and provided excellent training for thousands of local skilled workers. He’s also formed partnerships and acquired investments that will help secure the future of the school.
His last day will be Dec. 31, the Journal’s Fran Daniel reported last week.
Commentary- Black History: A Conversation with Lafayette Jones
For Lafayette Jones, whether it’s personal, business or community, relationships have been the primary driver for success. Born in Buffalo, New York, Jones’ relationships have carried him all over the country; Washington, D.C., Texas, Georgia and right here to North Carolina.
I’ve known Mr. Jones for over a decade, but I didn’t truly get to know him until we became neighbors. We recently moved into the same building in Downtown Winston-Salem, both of us gave up big homes in the suburbs in exchange for urban living. Mr. Jones loves oysters, so a promise to have this conversation at a local oyster bar may have been all it took for me to win this unique opportunity to learn more about one of Winston-Salem’s best kept secrets.Read More
Wake Forest Baptist, Allegacy Federal Credit Union Partner to Open Retail Health Clinic
Wake Forest Baptist Medical Center and Allegacy Federal Credit Union are partnering to open a new retail health clinic in Winston-Salem.
The clinic, called WellQ, will be located in the Wake Forest Innovation Quarter beside the Allegacy branch at Biotech Place. It will be a membership-based service that provides care for minor illnesses and wellness, along with financial coaching and education. The clinic will be operated by Wake WellQ LLC.Read More
Tracking Those Clicks: Inmar’s Collective Bias Expands Consumer Data Analytics Services
Collective Bias, an Inmar company, has announced a new analytic offering for clients.Read More
Organization Helps Provide Affordable Housing, Resources in Winston-Salem
Eloise Lipscomb has called Goler Manor in Winston Salem home since 2010.
“I like it in this area and some of the other places in this area are too expensive,” she says. “I couldn`t afford that.”Read More
Alma Mexicana Opens in Innovation Quarter
Alma Mexicana, a new restaurant from the owners of the Porch Kitchen and Cantina, opened Wednesday in the Bailey Power Plant building in Innovation Quarter. Alma Mexicana occupies one corner of the building at 492 Patterson Ave., at the intersection with Fifth Street.
Proposal Would Ban Tackle Football for Kids Under 12
llinois would ban tackle football for children younger than 12 under a proposed state law unveiled Thursday. At a Chicago news conference, state Rep. Carol Sente, a Vernon Hills Democrat, introduced the Dave Duerson Act, named for the former Bears player who took his life in 2011 at age 50.Read More
Karen Barnes, Venture Café Helps Innovators, Entrepreneurs
Let’s face it, if you work for someone other than yourself your job is never fully secure.
Have you ever thought about breaking free, starting your own company, working for yourself? If so, Karen Barnes would like to hear from you. And you can probably learn a lot from her.Read More
HPU professor Shirley Disseler to Speak at Swerve MeetUp on Thursday
The next Swerve MeetUp will be held Thursday in the Center for Design Innovation at 450 Design Avenue in Winston-Salem.
Shirley Disseler, associate professor and STEM education program coordinator for High Point University, will lead the January Swerve event on “Unlocking Creativity Through Play.” She will explain how using play can boost creativity and avoid mental blocks.Read More
The Dynamics of Food Donation
It’s estimated that more than one-third of the U.S. food supply goes to waste. This waste, according to the U.S. Agriculture Department’s Economic Research Service, represents more than 133 billion pounds of food that the non-profit group Feeding America estimates to have a value of $218 billion. Those numbers are difficult to accept just by themselves but given that the USDA reports more than 41 million Americans were living in food insecure households in 2016, this kind of waste is almost incomprehensive. And, by any reasonable standard, unacceptable.Read More
Food and Catering Companies Come Out on Top During Forsyth Tech’s Small-Business Challenge
Forsyth Technical Community College has named three winners of its recent small-business competition.
The event, called “Small Business Launch Challenge” was held at Wake Downtown in the Wake Forest Innovation Quarter in Winston-Salem on Dec. 18.Read More
With Latest Acquisition, Inmar’s Growth Plans Include New D.C. Office
David Mounts speaks with TBJ about Inmar’s recent purchase of Rasmas, a web-based subscription service.Read More
WFU Engineering Students Test Their Creativity with Cardboard
There are few things as simple and commonplace as a chair — unless Wake Forest University’s budding engineers have anything to say about it.
The 55 engineering students put their creativity to the test, reimagining and revolutionizing the idea of a “chair” as part of their final project.
Wake Forest Study: Lab-engineered Ovaries Could be Better than Hormone Therapy
Researchers with the Wake Forest Institute for Regenerative Medicine have found that bioengineered ovaries are more effective than hormone therapy drugs at improving bone and uterine health, along with body composition in rats.Read More
Sports Media Hall of Fame Moves Headquarters to Winston-Salem, Hires Administrator and gets Grant Money
The National Sports Media Association has moved its headquarters to Winston-Salem, hired an administrator and has received grant money from two local foundations, the organization announced Tuesday.
In October, the NSMA moved into the Wake Forest Innovation Quarter within Flywheel’s co-working space in the Center for Design Innovation. Its address is 450 Design Ave. The association had operated in Salisbury since 1959.
WFIRM Wound Healing Technology Licensed To XCell Biologix
A potential new cell-free treatment for severe burns and chronic wounds that was developed by scientists at Wake Forest Institute for Regenerative Medicine (WFIRM) has been exclusively licensed to XCell Biologix™, a private company that aims to make the therapy available to patients worldwide.Read More
Healthiest Employers 2017: Inmar
Since the company’s weight loss challenges began in 2012, associates have shed a total of 7,232 pounds and Inmar has provided more than $24,000 in cash prizes.Read More
Would You Trust a 3D-Printed Mini Organ to Test Your Drugs?
“No one wanted to believe it,” said molecular geneticist Hans Clevers.
In 2009, Clevers and his team had demonstrated an unusual new method of creating tiny, out-of-the-body replicas of human organs that could be used to study disease. These replicas were 3-dimensional organoids generated from human cells that perfectly replicated the structure of cells lining the intestine, and therefore could be studied and tested without using human volunteers.Read More
Triad CEO Testifies Before Congress on Cybersecurity and Small Businesses
Threat Sketch’s CEO speaks at a hearing held by the House Committee on Small Business.Read More
Venture Cafe Winston-Salem to Host ‘Biotech Night’
Dr. Anthony Atala, director of the Wake Forest Institute for Regenerative Medicine, will be the keynote speaker at Venture Cafe Winston-Salem’s “Biotech Night” next month.
The event. which is part of Venture Cafe’s weekly gatherings, will be held Dec. 7 at Biotech Place in the Wake Forest Innovation Quarter in Winston-Salem. The gathering starts at 5 pm with Atala’s speech beginning at 6 pm.Read More
Two Triad Companies Take Home N.C. Tech Awards
Two Triad companies have been named winners of N.C. Tech Awards by the N.C. Technology Association.
Brady Services in Greensboro, which was one of the Triad Business Journal’s Best Places to Work in 2017, was named the winner for innovative work place. Melissa Wittner, vice present of information technology at Inmar Inc. in Winston-Salem, was named “Tech Woman of the Year.”Read More
Former Tobacco Factory Transformed into Innovative Office Space
Innovative companies need cutting-edge workspaces that are flexible and fit their corporate personalities. When Boston-based Mullen Lowe needed to open a new office in Winston-Salem, North Carolina, they turned to TPG Architecture, who had revamped the original company headquarters. The result is a feng shui converted tobacco factory that is as creative as the game-changing advertising agency it houses.Read More
Inmar expands reach with independent grocers by buying analytics firm
Inmar Inc., one of Winston-Salem’s top technology companies, continued its aggressive buying strategy by agreeing Monday to acquire reach | influence of Detroit.
Reach | influence is a marketing analytics company focused on leveraging retail shopper data to increase sales. Terms were not disclosed.
Triad Biotech Startup Raises $1.1M for Treatment of Common Urological Condition
The Winston-Salem company is looking to raise between $1.3 million and $1.5 million more.Read More
MullenLowe Hires Erich & Kallman Exec as President of Its Winston-Salem Office
After a roughly five-month talent search, MullenLowe has hired Kate Higgins as president of its Winston-Salem office, replacing Brad Higdon who left unexpectedly in May.
“I’m incredibly excited to have Kate on board. She’s a smart, hard-working, straight-talking builder of things—relationships, teams, brands and agencies. She’s going to be a great fit in Winston,” said MullenLowe U.S. CEO Lee Newman, whom Higgins will report to. In the new role, Higgins will help attract talent, guide the agency’s creative vision and grow the office.Read More
Secretary of State: North Carolina is Ready for Crowdfunding
A year ago on the Council for Entrepreneurial Development Technology Venture Conference stage, North Carolina Secretary of State Elaine Marshall told the crowd that the state was about to “embark on an exciting journey” when it comes to crowdfunding.
“Consider it embarked,” she told the crowd Wednesday in Raleigh at the 2017 Tech Venture Conference.Read More
Impathiq, Making Smarter Use of Electronic Medical Records
Raleigh startup Impathiq is creating proprietary software designed to improve clinical decisions through integration of electronic medical record systems. The solution can cut unnecessary testing and, thus, costs.
Led by an MD, Iltifat Husain, the startup already is showing traction among investors.Read More
7 Startups to Watch in the Triad
When Brian Platz co-founded HR tech firm SilkRoad Technology in Winston-Salem 13 years ago, it was hard to find technical talent and even harder to keep it.
Fast forward to 2017, and his summer intern from Ithaca College in New York is passing up big city offers to work at Platz’s latest Winston-Salem software company, called Fluree.Read More
Overheard at the 2017 Analytics Forum at Inmar
The forum is addressing ways big data can be used to engage consumers and drive innovation.Read More
Startup Profile: Care Directions, Bringing Actionable Data to Clinical Visits
How can health clinics make visits by patients more efficient? Startup Care Directions believes it has the answer.
Better digital tools.
Wake Forest School of Medicine Sets Enrollment Record
Wake Forest School of Medicine is welcoming 136 new students this year, making it the largest class of future physicians to enroll at the school to date.
More than half of the students, who are set to graduate in 2021, are women, according to the School of Medicine, which is part of Wake Forest Baptist Medical Center.Read More
The Variable Promotes David Mullen to President, Partner
David Mullen has been promoted to president of The Variable, an advertising agency based in Winston-Salem.
Mullen, who was previously an executive vice president and director of account management at The Variable, has also been named a partner in the agency.
New Ventures Startup Demo Day Expands with More Companies and Investors
A host of companies and investors will gather in Winston-Salem next week for the Startup Demo Day being held by Flywheel’s New Ventures, which has revamped the event to highlight the blooming innovation ecosystem developing in the Triad.
The event, which will be held at Biotech Place in the Wake Forest Innovation Quarter on Sept. 8, will showcase the four companies finishing up the 2017 New Ventures accelerator.Read More
Wake Forest University Launches Engineering Program Enriched by Liberal Arts
Like any aspiring engineer, first-year student Meredith Vaughn gets excited about building something from the ground up, so Wake Forest University’s new undergraduate engineering program immediately appealed to her.Read More
How Inmar has a Play in Consumer Shift to Online Grocery Shopping
The Winston-Salem company is taking note of grocery retailers’ expected shift towards more online shopping.Read More
Health Informatics Company Raises $350K
Impathiq has raised $350,000 in private equity. The company’s technology was developed by researchers at Wake Forest School of Medicine.Read More
Nearly 2,000 People Attend Venture Café Thursday Gatherings
At Venture Café Winston-Salem’s Thursday Gathering, name tags are “the great equalizers.” When people attend the free weekly event held on Thursdays, they get a name tag that includes their name and a number representing how many times they have been to a Thursday Gathering.
Panels Discuss Inclusion, Entrepreneurial Opportunities
At a place in time where everyone has a side hustle or is looking for a way to make some extra cash, in separate events last week, local business owners, professionals, CEOs, and countless other stakeholders in the community came together to discuss the ins and outs of entrepreneurship.
The first event held was hosted by HUSTLE Winston-Salem, a citywide campaign designed to promote entrepreneurial spirit. During the event held inside the Wake Forest Innovation Quarter on Thursday, August 3, campaign organizer Matt Williams led a panel discussion that explored concepts of inclusion, and the challenges entrepreneurs face here in Winston-Salem and Forsyth County.Read More
Gallery Lofts Gets Zoning OK to Expand
An expansion of the Gallery Lofts apartment complex that has been before the city since spring got the go-ahead Monday night as the Winston-Salem City Council unanimously approved a rezoning requested by the owner of the apartments.Read More
Life-like Mannequins Give Students a Taste of Life in the Medical Field
Wake Forest School of Medicine is hosting a free camp this week for about 30 middle and high school Triad students focused on STEM (science, technology, engineering and math). Students were primarily from Yadkin County and the Winston-Salem/Forsyth County Schools.Read More
Inmar Acquires Product from Mobile Robot Company to Track Prescriptions
Inmar Inc. has purchased a software and hardware line that can be used in hospitals to track prescriptions, a move that will boost the data analytics services it provides, the Winston-Salem-based company said Tuesday.Read More
Researchers Make Significant Progress in Engineering Digestive System Tissues
Researchers at Wake Forest Institute for Regenerative Medicine have reached important milestones in their quest to engineer replacement tissue in the lab to treat digestive system conditions – from infants born with too-short bowels to adults with inflammatory bowel disease, colon cancer, or fecal incontinence.Read More
Beyond the Classroom: Course Looks at City’s Past, Universities’ Role in Future
Undergraduates in Winston-Salem broke new ground this year with a course on common ground — specifically on how universities engage with the communities that surround them.
Rogan Kersh of Wake Forest University and Corey Walker of Winston-Salem State University recently turned their shared interest in the topic into a class at Wake Downtown in Wake Forest Innovation Quarter.
Kristen Haaf, Urban Planner and Designer, Discusses Upcoming Projects in the Winston-Salem Area
Have you seen those twin arches that span the Highway 52 Bridge over Research Parkway in Southeast Winston-Salem? You probably have, but do you know who built it? It wasn’t the city.
It’s the work of the Creative Corridors Coalition—a group of volunteers dedicated to create what it calls “a green, artful iconic network of corridors throughout and near downtown Winston-Salem.”Read More
Planning Board Gives OK to Expansion of Gallery Lofts Apartments in Winston-Salem
The City-County Planning Board on Thursday unanimously approved the next phase of The Gallery Lofts apartments.
Initially, the board approved the rezoning in March amid opposition from residents and other groups in the area, primarily over parking and traffic congestion concerns.
An Unprecedented Show of Solidarity and Commitment to Entrepreneurship and Innovation
On May 4, 2017 the six institutions of higher learning in Winston-Salem, NC announced an historic Entrepreneurial Grant Program.Read More
Clinical Ink And Endpoint Announce Industry-First Alliance
endpoint Clinical, the leading global interactive response technology (IRT®) company, and Clinical Ink, the pioneering provider of eSource and patient engagement technologies, have teamed up to integrate IRT and eSource in order to create a seamless user experience for investigator sites.Read More
WSSU Pledges Support for Entrepreneurship in Winston-Salem
In an unprecedented and historic demonstration of solidarity, Winston-Salem State University joined leaders from five other Winston-Salem-based colleges and universities earlier last week – each pledging to incentivize entrepreneurship among their students and alumni through a series of programs based on their areas of focus and unique visions.Read More
At Inmar, Big Data and Social Media Combine to Tap into Consumers’ Habits
If you’re an American adult, Inmar knows who you are.Read More
Venture Café Continues “Innovation Lives Here There and Everywhere” Tour
A foundation that fuels innovation in American cities like Boston, Miami, and St. Louis is now up and running in Winston-Salem. It’s called Venture Cafe.
The organization is invested in creating opportunities for what it calls, “creative collisions.” Their permanent home in Innovation Quarter isn’t ready yet. So, this month they’re going on a tour of the city.Read More
Tech Company Expands in Winston-Salem’s Innovation Quarter
Sunrise Technologies will move its Winston-Salem offices from Victoria Hall to another space in the Wake Forest Innovation Quarter.
Sunrise Technologies, which has 25 employees in Winston-Salem, will move into an 11,600-square-foot space in 525@vine.Read More
Six Triad Educational Institutions Join Forces to Offer Funding for Startups
Six universities and colleges in Winston-Salem will partner on a program to support entrepreneurship in the city by offering grants to startups created by their students or alumni, the schools announced Thursday.Read More
Activities Planned During National Small Business Week
The first day of May will mark the first day of National Small Business Week. Forsyth Technical Community College Small Business Center, 525 Vine St., will have a weeklong event to honor small businesses and entrepreneurs. Each day they will have events that seek to network and grow small businesses.Read More
Clinical Ink Extends eCOA and Risk-Based Monitoring Capabilities
Clinical Ink, the pioneering provider of eSource and patient engagement technologies for clinical trials, introduces the latest in a series of planned releases aimed at simplifying workflows and extending capabilities in data management, interoperability, and clinical data exchange. This current release of SureSource® simplifies how sites capture eCOA data, adds new monitoring capabilities, and helps standardize how SureSource integrates and exchanges data with other systems.Read More
A Chat with Venture Café’s Program Director About Its Upcoming Triad Launch
Next month, Venture Café Winston-Salem will kick off the first of its business community gatherings with its “Innovation Lives Here, There and Everywhere Tour.”Read More
Our View: Biotech Effort Will Benefit Us All
Biotech is booming in Winston-Salem thanks in large part to the Wake Forest Institute for Regenerative Medicine and its director, Dr. Anthony Atala. Some recent developments stand to benefit the public, the military and Winston-Salem.
Triad Tech Company Acquired by Canadian Private Equity Firm
A Canadian private equity firm has acquired Inmar Inc. for an undisclosed amount, the Winston-Salem-based company announced Tuesday.
OMERS Private Equity has purchased a majority interest in Inmar from ABRY Partners, a private equity firm. OMERS Private Equity is an arm of OMERS, the pension plan for municipal employees in Ontario.Read More
Triad BioNight Honors Five for Innovation
Five individuals and organizations were recognized for innovation in biosciences at the Triad BioNight event Thursday evening in Greensboro.
The individuals and organizations were given 2017 Excellence Awards at the event, which is organized by the Piedmont Triad Office of the North Carolina Biotechnology Center.Read More
Regenerative Medicine Meets Advanced Manufacturing in New $20M Triad Initiative
The Wake Forest Institute for Regenerative Medicine will lead a $20 million effort to apply advanced manufacturing to regenerative medicine, the organization announced Friday in Winston-Salem.
The $20 million will be used over a five-year period with the goal of accelerating the availability of replacement tissues and organs to patients, said Anthony Atala, director of the Institute, which is part of Wake Forest Baptist Medical Center.Read More
With New Ventures Challenge & Accelerator, Winston-Salem Investors Hope to Fund 30 Startups in Five Years
As the 2017 deadline approaches for the accelerator and competition, we tell the back story of the year-old investment group making it happen.
Just over a year ago, 44 successful Triad area entrepreneurs pooled $355,000 to make a big bet on North Carolina startups. By funding the New Ventures Challenge and accelerator in Winston-Salem, they hoped to ensure innovation would continue to come from a region historically known for it.
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.
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.
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.Read More
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.Read More
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.Read More
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.
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.
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.Read More
Regenerative Medicine Physician Named R&D Magazine’s 2016 Innovator of the Year
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.Read More
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.Read More
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.Read More
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.
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.Read More
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.Read More
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.
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.”Read More
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.”Read More
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.
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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).Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.”Read More
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.Read More
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.”Read More
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.Read More
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.Read More
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.Read More
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.”Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.”Read More
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.Read More
Inmar Inc. Names New President
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.Read More
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.Read More
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.Read More
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.Read More
Inmar Acquires Consumer Insight 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.Read More
The Syllabus: Wake Forest Grows
Wake Forest University passed along this story last week:
The TL,DR version: Wake Forest is expanding. Here are the university’s three newest outposts.
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.Read More
Inmar to Fund Computer Science Scholarships at Wake Forest University
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.Read More
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.Read More
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.Read More