Print
Technology

Wilmington Startups Selected For Venture Connect 2021

By Johanna Cano, posted Jan 29, 2021
At least three local companies have been chosen to participate in this year’s Venture Connect 2021 hosted by the Council for Entrepreneurial Development, according to an announcement Friday.

Electronic Lab Logs, opiAID and SmartFox Technologies will present their  ideas in front of an audience of investors, sponsors and fellow entrepreneurs at the virtual conference March 23-25.

“We are very excited about the 100+ companies that will be presenting at the Summit through investor pitches and panel discussions,” Hunter Young, CED’s director of capital, said in the release. “There was more regional geographic diversity in the applicant pool than ever before, and we are confident that this group of entrepreneurs will share compelling stories around their innovative technologies come March.”
 
The companies were chosen by a selection committee of active angel investors, local and regional venture capital firms and community and corporate partners.
 
Electronic Lab Logs is a Wilmington-based technology firm that provides software for managing and simplifying laboratory data logging. The company won an NC IDEA grant and won the 2020 Coastal Entrepreneur Awards in the health care category.
 
opiAID is a Wilmington life sciences startup that is using data and wearable technology to help rehab centers solve the issue of substance abuse. The company was named a “startup to watch” by NC TECH Association and received a federal grant to support it.
 
SmartFox Technologies is a Carolina Beach firm that has developed an application that provides business forecasting, described as a decision-making tool used to help companies predict future outcomes based on rules, past events and management insight. The company was selected last year to present at the NC TECH State of Technology conference.
 
Venture Connect is a summit bringing together companies with investors and is described as a “digital experience that is designed to maximize the visibility of growing companies and help entrepreneurs build relationships with people (investors, peers, customers, and/or partners) who can help them scale,” as stated on its website.
 
This year, the summit has expanded to include live interviews with founders, virtual tables with recorded pitches, pre-scheduled or on-demand meetings with attendees and interactive elements in each session.

CED is a nonprofit created in the state to support entrepreneurship through education, access to capital and connections.
Ico insights

INSIGHTS

SPONSORS' CONTENT
Mikeharrington carolinaretreats 2

How Vacation Rental Operations Have Changed

Mike Harrington - Carolina Retreats
Mel wideopentech headshot

Golf Course Design Firm Launches New Website By Wide Open Tech

Mel Beasley - Wide Open Tech
Aarp suzanneheadshot 300x300

Gift Cards: A Red Flag Of A Scam

Trending News

Transportation Officials Comment On Amtrak Plan Involving Wilmington

Christina Haley O'Neal - Apr 9, 2021

Convention Center Used For Mass Vaccination Site

Scott Nunn - Apr 9, 2021

In The Current Issue

Working With Vaccines

As COVID-19 vaccines are becoming more widely available across the nation, employers in the region are starting to ask questions about havin...


NHRMC Expands Advanced Wound Care Services

New Hanover Regional Medical Center Wound Care Clinic is now treating children and teens needing specialized treatments....


Jones: Economy On Recovery Road

The Wilmington area economy is doing better than expected a year after the COVID-19 pandemic took a toll on many businesses across the regio...

Book On Business

The 2021 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

Trying to Grow a Business?
2020 Health Care Heroes
2020 WilmingtonBiz 100