Apr 4, 2024

A swimwear company based in Carolina Beach and Fuquay-Varina announced a partnership that aims to take one pound of plastic away from the ocean with every purchase. Coastal Cool, started by 16-year-old Holden Bierman, began in 2020 and is a direct-to-consumer swim and resort wear business. The young entrepreneur is striving to create a sustainable business by using plas ...

Mar 28, 2024

Investors traveling to Wilmington always create a buzz in the coastal entrepreneur community. It’s not only helpful for entrepreneurs to get in front of investors, but it's also an opportunity for people like Mahati Sridhar, a principal on the investment team at Revolution Capital’s Rise of the Rest Seed Fund, to gauge the health of smaller markets she m ...

Mar 21, 2024

The North Carolina Biotechnology Center’s NC Biotech Venture Challenge is in full swing as startups from across each of the organization’s five offices compete to pitch their companies at the statewide venture challenge in June. The Southeastern office announced its three finalists on Wednesday. Wilmington-based startups Boreas Monitoring Solutions, Nuream a ...

Ico insights


Dave sweyer 300 x 300

Dave Sweyer
Sweyer Property Management

Insights into the 2023 Leasing Market in Wilmington, NC: What You Need to Know

Posted Jul 5, 2023
The leasing market in Wilmington, North Carolina, has been experiencing notable changes in 2023. With the local economy flourishing and the city's popularity as a desirable place to live, work, and play, it's essential to stay informed about ...read entire article
Feb 26, 2024

Wilmington-based AI startup OpiAID is gaining runway with a spokesperson deal, a closed fund raise and three new potential investors.  OpiAID's most recent $500,000 gain is more an informal capital raise than a funding round, said founder David Reeser. Three potential investors began talks with Reeser after the team capped the half-a-million fund. After th ...

Feb 23, 2024

Support Organization Grant Seeks To Elevate Black Entrepreneurs

By Audrey Elsberry, posted Feb 23, 2024

The North Carolina Black Entrepreneurship Council will open applications next month for its 2024 NC BEC Ecosystem Grant. The NC IDEA Foundation formed NC BEC in 2020 and distributed its inaugural Ecosystem Grants that year. The organization announced the next grant cycle on Feb. 15. The grant aims to support Black entrepreneurial support organizations and Historically B ...

Feb 13, 2024

Two Startups Will Represent Wilmington At Raleigh Pitch Event

By Audrey Elsberry, posted Feb 13, 2024

Two Wilmington-based companies will pitch their business to an audience of hundreds of investors at CED Venture Connect. Electronic Lab Logs and Predicate HPG are among the 125 companies selected by the Council for Entrepreneurial Development (CED) based in Research Triangle Park. The pitch event will take place on March 20 and 21 in Raleigh. Jay Bigelow, head of entrep ...

Feb 5, 2024

UNCW Grad Launches Website Highlighting What's Good

By Audrey Elsberry, posted Feb 5, 2024

There is no shortage of things to do in the Port City, but with so many online avenues, Megan Rowe found it hard to find what she was looking for. Rowe sought to remedy this problem with her company, What’s Good, which launched last week. Megan, 25, and her brother Dustin, 28, built an algorithm and website in 2023 that compiles events and small businesses into ca ...

Jan 30, 2024

UNCW Program To Incubate Female, Blue Economy Startups

By Audrey Elsberry, posted Jan 30, 2024

The University of North Carolina Wilmington’s Center for Innovation and Entrepreneurship announced a new program offering this month, its Idea Test Lab Powered by Wells Fargo. The inaugural cohort will consist of a maximum of 10 women in technology, depending on the applicant pool, said the CIE's Director Heather McWhorter. The Idea Test Lab is a 4-week progra ...

Jan 22, 2024

NC IDEA Encourages Startups To Apply For Up To $50,000

By Audrey Elsberry, posted Jan 22, 2024

The Durham-based NC IDEA Foundation has sniffed out 100 million-dollar ideas. The independent private foundation’s grants have provided the state’s entrepreneurs with capital since 2006. Almost 20 years later, its 2024 grant cycle has almost begun, as entrepreneurs gather their resources to apply for either $10,000 or $50,000 in nondilutive funding. On Mo ...

Jan 4, 2024

Venture capital is the white whale of any entrepreneur, but it’s especially elusive in the Southeast. Jim Roberts, the founder of the Network for Entrepreneurs in Wilmington, has repeatedly stated that funding is lacking in the Wilmington area. “Right now is a really hard time to raise money,” he said. He points to high interest rates, inflation and ...

Ico insights



The Importance of Real Estate Appraisals

Steve Mitchell - Cape Fear REALTORS®

What You Need to Know About SECURE 2.0 and Its Effect on Retirement Plans

Jason Wheeler - Pathfinder Wealth Consulting
Mcwhorter 0005

The Coastal Corridor is Helping Wilmington Startups With Connected Devices for Life Sciences Industry

Heather McWhorter - UNCW Center for Innovation and Entrepreneurship

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In The Current Issue

Area Attorneys Chosen For 2024 Super Lawyers List

Included in this year's Business Journal Law Issue are those locally who made Thomson Reuters' Super Lawyers and Super Lawyers-Rising Stars...

TD Bank Brings Trend To Leland

In early March, New Jersey-based TD Bank opened its third Wilmington-area branch in Leland. That’s part of a trend for the bank....

Harjo Leads Indigent Defense

Since Jennifer Harjo opened New Hanover County’s Public Defender’s Office in 2008, she has strived to ensure her clients receive their Const...

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2024 Power Breakfast: The Next Season