Dec 8, 2023

Auto Auction Company Looks To Expand Into Rocky Point

With a land transaction last month in Rocky Point, an auto auction company is moving closer to growing its Wilmington-area footprint. Manheim Auto Auctions plans to expand onto about 16 acres near the intersection of Interstate 40 and Highway 210. ...

Dec 8, 2023

Bidder Disappointment: Officials To Reconsider Strategy For Navassa Property Sale

“A significant hiccup." That’s how Claire Woods described a lack of “viable” bids for 87 acres in Navassa once used for wood treatment activities. Woods is a site attorney for Greenfield Environmental Trust Group, one ...

Dec 8, 2023

Real Estate Group Opens New Office In Oak Island

Residential real estate agency Century 21 Collective has a new office in Oak Island. According to a news release, co-founders Lindsey Jenkins and Stephen Votino (pictured below) bought 300 Country Club Drive in Oak Island for their new office, for ...

Ico insights


Mcwhorter 0005

Heather McWhorter
UNCW Center for Innovation and Entrepreneurship

Entrepreneurs Thrive Here

Posted Oct 31, 2023
Wilmington, North Carolina, is not just a coastal paradise known for its stunning beaches, historic charm, and thriving cultural scene; it's also emerging as a vibrant hub for entrepreneurship, consistently ranking top in the nation (and world). 

November is declared by the city as “Global Entrepreneurship Month” through a proclamation signed by Mayor Bill Saffo...read entire article
Achievers & Accolades

Mastroieni Promoted To Museum's Deputy Director Of Operations

Dec 7, 2023

Wilmington-based Commercial Real Estate Firms Combine

Two Wilmington-based commercial real estate firms, MoMentum Companies and Integral Commercial Group, have joined forces, according to a news release. As part of the acquisition, MoMentum Companies is welcoming Adam Nicholas as its chief operating ...

Dec 7, 2023

Venture Capital Partner Talks Latest $750M Fund, Future Of Fintech

Canapi Ventures, a financial technology startup venture capital firm, is expanding its focus from fintech services, its general partner Neil Underwood said on Thursday.   The firm ​announced its second fund, which raised $750 million on W ...

Dec 6, 2023

New Hanover Leaders To Consider $6.7M For New Industrial Park

Local leaders will consider putting $6.7 million into the design and construction of a new industrial park in northern New Hanover County. The New Hanover County Board of Commissioners will discuss a master plan for a 320-acre industrial park off ...

Dec 6, 2023

Officials To Discuss Cleanup, Sale Update For Navassa Superfund Site

State and local officials will discuss updates Thursday on the cleanup and sale of an anticipated redevelopment site in Navassa. The property, known as the Kerr-McGee Chemical Corp.-Navassa Superfund Site, received Superfund status in 2010 because ...

Dec 6, 2023

Wilmington Fintech Investment Firm Announces $750M Capital Raise

A $750 million capital raise was announced on Wednesday by Canapi Ventures, a venture capital firm with ties to Wilmington and Live Oak Bank.   Its second raise, Fund II, brings Capani’s total assets under management to $1.4 billion, acc ...

Dec 5, 2023

Ohanafy Launches Supply Chain Platform, Prepares For Funding Round

Wilmington-based software startup Ohanafy announced a step further into the distribution market on Friday, launching a supply chain automation platform. The startup is growing fast, surpassing the expectations of its CEO, Ian Padrick. Its entrance ...

Dec 4, 2023

Circle K Could Be Built At Former Walgreens Site

The site of a former Walgreens on Dawson Street in Wilmington could soon hold a gas station and convenience store. Walgreens left the more than 11,000-square-foot building at 1618 Dawson St. in 2021. Now, Circle K plans to demolish the vacant stor ...

Trending News

In The Current Issue

Jones Keeps City’s WWII History Alive

“I’m 89 and continue to work 24/7, 365 days a year to preserve the history of my hometown and native state,” said Wilmington historian Wilbu...

Ready Money: Seniors Provide Floor For Region's Economy

An economist said many seniors hold sizeable assets that are plowed back into the community for housing, food, health services and other use...

Provider Expands Work With UNCW Athletics

Wilmington Health’s providers have a track record of working with UNCW athletic trainers, including students in the master’s athletic traini...

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2023 Power Breakfast: Major Developments