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2014 Top Ten Image

Tech Tank Top 10 for 2013

Cary, NC – 2013 was a good year for Technology activity in NC and the Triangle. The pages and regular features from Technology Tank that you found most helpful were our Tech Calendar, the listing of Tech Meetup Groups and the monthly lists of Upcoming Tech Events.

The articles of greatest interest were about activities of local ‘civic hacking’ groups, like CityCamp, Code for America, and NC Datapalooza.

Tech Tank Top 10 Articles

Here are the Top 10 Tech Tank articles based on your views:

  1. Pulse Point for the Triangle – PulsePoint is a 501(c)(3) non-profit foundation based in the San Francisco Bay Area, and brings the promise of higher survival rates from heart emergencies. The Triangle EMS dispatches only need to be hooked in and we will begin to be able to take advantage of this great service. A look at team activity from the 2013 CityCamp NC.
  2. Google Designates Cary as North Carolina’s 2013 eCity – The eCity Awards recognize the strongest online business community in each state.
  3. Triangle Ranks High in Tech Start-up Density – A Kauffman study has both Raleigh-Cary and Durham-Chapel Hill in the top 25 Metros for High-Technology Business Formation and Job Creation in the United States.
  4. DevFestNC 2013 – Nov 2nd – The inaugural event of the Google Developer Group in Research Triangle.
  5. RGreenway Expands to Include Cary – RGreenway was the winning application developed by a group of civic hackers at the 2012 CityCamp Raleigh. The team has continued to expand the coverage of the RGreenway app by incorporating greenway data from municipalities adjacent to Raleigh.
  6. Code for America Helps Raleigh – An article about the cooperation of all Triangle Code for America Brigades to assist Raleigh with their Open Data Portal update.
  7. A Look Inside: Code for America Cary – Review of the happenings in a typical Code for America Brigade meeting.
  8. Imagine Cary Preview – Cary started their multi-year forward planning effort and we look at some interesting demographic changes over the years.
  9. NC DataJam Coming April 22 – NC DataJam and NC Datapalooza were the first regional Open Data competition to be held outside the White House.
  10. Talking Open Data – In preparation for Cary Open Data Day, we have a discussion with Jason Hare, the Raleigh Open Data Manager.

Picture from iabusa under Creative Commons

Tech News January 2014

Upcoming Tech Events – Jan ’14 Edition

Cary, NC – Here is a quick summary of Technology events coming up in the next few months. Let us know what you think of the events and also let us know if we have missed any.

Quick Links

An Evening with MongoDB in the Triangle – January 16th in Durham, NC. An Evening with MongoDB in the Triangle is a free evening event in the Triangle, dedicated to the open source, document database MongoDB. An Evening with MongoDB in the Triangle is an opportunity to explore MongoDB and its use cases.

Data Innovation Day. The second annual Data Innovation Day will be held on Thursday, January 23, 2014. No activities are planned for the Triangle.

Charlotte Startup Weekend – Friday, January 24, 2014 at 6:00 PM – Sunday, January 26, 2014 at 10:00 PM in Charlotte, NC. Details on the Charlotte Startup Weekend Website. This 54-hour event is designed to teach the skills of entrepreneurship by having participants work on a team to convert an idea into an operating business. During the weekend, participants create working startups and are able to collaborate with like-minded individuals outside of their daily networks. All teams hear talks by industry leaders and receive valuable feedback from local entrepreneurs.

Data Privacy Day. Data Privacy Day is an international effort to empower and educate people to protect their privacy and control their digital footprint. Data Privacy Day will be held on Tuesday, January 28, 2014. No activities are planned for the Triangle.

NEXT – February 2014 (Specific details to follow). NEXT is a 3 hour, part-time program for five weeks to build the skills and tactics your startup needs to prepare for an accelerator, investor, or early product launch

Dart Flight School – Saturday, February 8, 2014 from 1:00 P.M. to 5:00 P.M. (EST) in Durham and Raleigh, NC. Dart Flight Schools are community events run by Google Developer Groups to help developers learn Dart and Angular. Dart Flight Schools can be different in each location based on the organizers, local skill sets and interests. There can be tech talks, code labs or even mini-hackathons. The Dart Flight Schools in the Triangle are run by the Google Developer Group in Research Triangle (GDG Research Triangle). Registration sites fpr Dart Flight School: American Underground @Main, Durham, and American Underground @Raleigh

Triangle Open Data Day – February 22-23, 2014 in Raleigh, NC. It’s a gathering of citizens to write applications, liberate data, create visualizations and publish analyses using open public data to show support for and encourage the adoption of open data policies by the world’s local, regional and national governments.

Triangle Usability Professionals’ Association (TriUXPA) Conference – Using Personas and Storytelling Effectively with Whitney Quesenbery – Wednesday, February 26, 2014 from 8:30 A.M. – 5:00 P.M. (EST) in Cary, NC. You’ll work individually and in teams to explore different ways to use personas effectively, and how to write stories for them.

“Software Testing is NOT Dead” – Triangle Information Systems Quality Association (TISQA) 2014 Conference and Workshops – March 12 – 13, 2014 in Chapel Hill, NC. Join TISQA for our bi-annual conference and workshop on March 12th and 13th, 2014 at the Friday Center in Chapel Hill, NC. We invite you to participate in the premiere Software Testing conference and workshops of the Carolinas. Come on out and join us for a two day confirmation that testing is alive and kicking!! We will gather to confirm that indeed Software Testing is alive and well and more valuable than ever. The theme for this conference challenges a notion put forth by Dr. James Whittaker that software testing is on its way to being a dead field. There are no zombies at this conference Dr. Whittaker!

North Carolina Science Festival – March 28 – April 13, 2014.

Digital Marketing for Business – Tuesday, May 6, 2014 at 8:00 AM – Thursday, May 8, 2014 at 5:00 PM (EDT) in Raleigh, North Carolina. Digital Marketing for Business (DMFB) is an organization that provides regional marketing conferences. DMFB conferences allow people to learn and exchange marketing solutions from conference sessions, networking events, and exhibition areas. The key types of people who attend and participate in DMFB events include business owners, entrepreneurs, managers and marketing consultants. Registration Site.

BarCampRDU 2014, Saturday, May 17, 2014 in Raleigh, NC.

Save the date for 2014! NCTech4Good Conference June 5-6, 2014 in Chapel Hill. The NCTech4Good Conference will be held June 6, 2014, at the Friday Center in Chapel Hill. It will be preceded by a workshop on Thursday, June 5. Beth Kanter has been invited as our workshop leader and keynote speaker.

Triangle InfoSeCon 2014 – 8:00 A.M. – 7:00 A.M. (EDT) Oct-16, 2014 in Raleigh, NC. Topic: Information Security.

Civic Tech Image from Knight Foundation Report

Trends in Civic Tech

The Knight Foundation has just published an analysis of Civic Tech; The Emergence of Civic Tech: Investments in a Growing Field. The full report can be found on Slideshare.

Over the past few years, the Knight Foundation has seen a ‘groundswell of interest at the nexus of technology, civic innovation, open government and resident engagement’. The analysis identifies clusters of innovation and investment in the Civic Tech area. The Knight Foundation partnered with Quid, a company that specializes in data analytics and network analysis. This analysis is the first of its kind and the Knight Foundation admits that the report is not exhaustive.
The above figure is from page 6 of the report.  Titled Civic Tech: A Convergence of Fields, it illustrates the several Tech fields that are covered in the analysis.  Only those companies and projects that promote civic outcomes were used as the basis for the analysis.

The report is a summary of quite a lot of information. The detailed information used to develop the visualizations and analysis  is available on the Knight Foundation Website for those who wish to do their own analysis.

What follows is the Innovation Clusters that were developed in the course of the analysis and several of the findings that I found interesting from the report.   If you get a chance to study the report, let us and/or the Knight Foundation know what you think.

Innovation Clusters

Open Government

  1. Data Access & Transparency
  2. Data Utility
  3. Public Decision Making
  4. Resident Feedback
  5. Visualization & Mapping
  6. Voting

Community Action

  1. Civic Crowdfunding
  2. Community Organizing
  3. Information Crowdsourcing
  4. Neighborhood Forums
  5. Peer-to-Peer Sharing

Report Findings

  • From 2008 to 2012, the field of civic tech grew at an annual rate of 23%.
  • Community Action clusters are growing at a faster rate than those in Open Government.
  • Compared to the tech industry as a whole, civic tech organizations are relatively young.
  • While the number of grant investments and private investments was relatively even, the vast majority of total capital supporting civic tech came from private investments (84%).
  • Open Government innovation clusters are mostly supported through grant funding while Community Action clusters mostly attracted private capital.
  • Financial investors and individuals support a large share of Community Action investments and Foundations account for more than half of the number of investments in Open Government.
Oakhaven Co-Working Logo

Coworking Model for Suburban Areas

Cary, NC – At Technology Tank, we are always looking at Technology trends in order to develop good Technology policy and implementation strategies for our clients. Coworking is a rapidly developing social trend occurring with Technology adoption but most of this activity is in urban walkable areas. In the Triangle, you may have heard of the American Underground and Bull City Coworking in Durham or HQ Raleigh, all of which have very successful coworking facilities located in walkable urban areas.

A few of us in Cary have been looking at a coworking model that will work in residential suburban areas but we have not been successful in finding partners for such a venture. So this time we have dipped our toe into the implementation waters and we are opening Oakhaven Co-Working to develop and prove this model of coworking.

What is coworking?

The Coworking Wiki defines coworking as follows:

The idea is simple: independent professionals and those with workplace flexibility work better together than they do alone. Coworking spaces are about community-building and sustainability. Participants agree to uphold the values set forth by the movement’s founders, as well as interact and share with one another. We are about creating better places to work and as a result, a better way to work.

Oakhaven Co-Working Defined

We have initially developed space at Oakhaven Research. The space is located within a large residential area offering 24/7 access with electronic keys and the space is protected by security cameras. We have installed 2 very large white boards to enhance the collaboration of the members. Technology Tank looks forward to helping to build a strong community of entrepreneurs in suburban Cary. In fact, the Code for America – Cary Brigade, or Code for Cary, has started meeting in our Oakhaven Co-Working space.

When is space available?

The space is ready to go and entrepreneurs and potential coworkers who have questions can contact Ian Henshaw directly. There is an opening social on Friday, December 13th and we ask that those who are interested please register so we can assure sufficient refreshments. We look forward to your feedback.

Tech News for December 2013 Image

Upcoming Tech Events – Dec ’13 Edition

Cary, NC – Here is a quick summary of Technology events coming up in the next few months. Let us know what you think of the events and also let us know if we have missed any.

Quick Links

CloudCamp Winston-Salem – Thursday, December 5, 2013 from 12:30 PM to 7:30 PM (EST) in Winston-Salem, NC. CloudCamp was formed in order to provide a common ground for the introduction and advancement of cloud computing.

Bull City Forward Winter Celebration – Tuesday, December 10, 2013 from 5:30 PM to 7:30 PM (EST) in Durham, NC. Join Bull City Forward on December 10th at the new American Underground on Main to celebrate and support social entrepreneurship in Durham and the Triangle. We will be featuring our inaugural class of Forward Fellows (via mini three minute TEDx style talks!) and the great social impact work they’re doing across sectors from revolutionizing the way we think about food to engaging PTSD combat veterans in entrepreneurial ventures. We will also give you a quick snapshot of what’s been going on in 2013 and what to expect in 2014!

Startup Grind – powered by Google for Entrepreneurs – Tuesday, December 10, 2013 from 6:00 PM to 9:00 PM (EST) in Durham, NC. Startup Grind Durham Hosts Poornima Vijayashanker from Mint.com. Startup Grind is a global startup community designed to educate, inspire, and connect entrepreneurs. We host monthly events in more than 40 cities and 20 countries featuring successful local founders, innovators, educators and investors who share personal stories and lessons learned on the road to building great companies.

Oakhaven Co-Working Social – Friday, December 13, 2013 from 5:00 PM to 8:00 PM (EST) in Cary, NC. Join us as we develop a suburban co-working model in the center of residential areas. Stop by and look at our facility and see if you would like to gain access to our co-working facility. What could be better on a Friday evening than to go to a social with beer, pizza and some interesting like minded entrepreneurial people?

Global Day of Code Retreat – Raleigh/Durham – Saturday, December 14, 2013 from 8:30 AM to 4:30 PM (EST) in Durham, NC. Come one, come all to the 3rd Annual Global Day of Code Retreat – Raleigh/Durham edition! Coderetreat is a day-long, intensive practice event, focusing on the fundamentals of software development and design. By providing developers the opportunity to take part in focused practice away from the pressures of ‘getting things done’, the Coderetreat format has proven itself to be a highly effective means of skill improvement.

An Evening with MongoDB in the Triangle – January 16th in Durham, NC. An Evening with MongoDB in the Triangle is a free evening event in the Triangle, dedicated to the open source, document database MongoDB. An Evening with MongoDB in the Triangle is an opportunity to explore MongoDB and its use cases.

Charlotte Startup Weekend – Friday, January 24, 2014 at 6:00 PM – Sunday, January 26, 2014 at 10:00 PM in Charlotte, NC. Details on the Charlotte Startup Weekend Website. This 54-hour event is designed to teach the skills of entrepreneurship by having participants work on a team to convert an idea into an operating business. During the weekend, participants create working startups and are able to collaborate with like-minded individuals outside of their daily networks. All teams hear talks by industry leaders and receive valuable feedback from local entrepreneurs.

NEXT – February 2014 (Specific details to follow). NEXT is a 3 hour, part-time program for five weeks to build the skills and tactics your startup needs to prepare for an accelerator, investor, or early product launch

Triangle Open Data Day – February 22-23, 2014 in RTP, NC. It’s a gathering of citizens to write applications, liberate data, create visualizations and publish analyses using open public data to show support for and encourage the adoption of open data policies by the world’s local, regional and national governments.

“Software Testing is NOT Dead” – Triangle Information Systems Quality Association (TISQA) 2014 Conference and Workshops – March 12 – 13, 2014 in Chapel Hill, NC. Join TISQA for our bi-annual conference and workshop on March 12th and 13th, 2014 at the Friday Center in Chapel Hill, NC. We invite you to participate in the premiere Software Testing conference and workshops of the Carolinas. Come on out and join us for a two day confirmation that testing is alive and kicking!! We will gather to confirm that indeed Software Testing is alive and well and more valuable than ever. The theme for this conference challenges a notion put forth by Dr. James Whittaker that software testing is on its way to being a dead field. There are no zombies at this conference Dr. Whittaker!

Save the date for 2014! NCTech4Good Conference June 5-6, 2014 in Chapel Hill. The NCTech4Good Conference will be held June 6, 2014, at the Friday Center in Chapel Hill. It will be preceded by a workshop on Thursday, June 5. Beth Kanter has been invited as our workshop leader and keynote speaker.

datapalooza

Winning NC Datapalooza: Q&A with Ian Henshaw

datapalooza

Cary, NC — Tech Tank Managing Partner Ian Henshaw was part of the winning team at NC Datapalooza last week in Raleigh. Hal Goodtree fired a few questions at Ian about the winning app, open data and the start-up ecosystem in the Triangle. Read more

Piedmont Triad Logo

Tech Meetup Groups in the Triad

Winston-Salem, NC – Here is a listing of Tech Meetup groups in the Triad Area. Hover over the links to see a brief blurb about what the group does.

I have attempted to categorize the groups. Please feel free to comment if you think that I have made an error or have missed a group. You can also e-mail me at ian.henshaw@technologytank.org. Thank you in advance!

Agile

Hackers

Languages / Platforms

Maker

Miscellaneous

WordPress

Tech Events September 2013 Picture

Upcoming Tech Events – Sep ’13 Edition

Cary, NC – Here is a quick summary of Technology events coming up in the next few months. Let us know what you think of the events and also let us know if we have missed any.

Quick Links

Summit on Transformative Innovation in Health Care – Monday, September 9, 2013 from 7:30 AM to 4:30 PM (EDT) in Durham, NC. Join us for the inaugural Summit on Transformative Innovation in Health Care that will help celebrate the launch of a new, exciting initiative at Duke Univeristy, the Duke Institute for Health Innovation (DIHI).

Triangle Entrepreneurship Week – September 9-13, 2013. We bring together entrepreneurial communities to provide resources, knowledge and connections for businesses to succeed. Throughout one week, local leaders, investors, supporters and entrepreneurs share their knowledge, resources, and connections during our sessions and events.

NEXT – Wednesday, September 11, 2013 at 6:00 PM – Wednesday, October 16, 2013 at 9:00 PM (CEST) in Durham, NC. NEXT is a product of UP Global which helps startup founders become better prepared to build successful startups. It is a five-week “pre-accelerator” program rooted in Steve Blank’s Customer Development methodology, driven by mentors and unique video content. The NEXT program helps founders gain a crucial base of entrepreneurial skills and knowledge.

NC Datapalooza Celebration – Thursday, September 12, 2013. The inaugural NC DataPalooza is a two-part event, beginning with the NC DataJam competition at HUB Raleigh on April 22nd and culminating with a celebration in September. DataPalooza is an open-data competition sponsored by the White House that connects local experts, innovators, and entrepreneurs to relevant, clean data drawn from federal, state, and local resources.

RTP 180°: Open Source All The Things – September 17, 2013 5:30 – 7:30 PM (EDT) in RTP, NC. “180°” is an series at RTP HQ that is designed to celebrate the collaboration between the Triangle’s universities, companies and communities. No suits, no ties, and definitely no hats, unless they’re red fedoras. This is the future of RTP. And it’s a loud one.

CED Venture Conference – September 17-18, 2013 in Raleigh, NC. Be inspired at the CED Tech Venture Conference 2013, where ideas that spur creation, iteration and growth will take center stage over the course of two stimulating days, in Raleigh, NC. For 29 years, CED has led the region’s biggest conference uniting technology entrepreneurs and the businesses that can help them grow. We’ve expanded this year, adding to the investors and entrepreneurs more corporate partners looking for innovation.

Innovation Fund North Carolina – Information Session – Thursday, September 19, 2013 from 1:00 PM to 3:00 PM (EDT) in Fayetteville, NC. Innovation Fund North Carolina, a new source of pre‐seed capital and education for technology start-ups in North Carolina, launches its first funding cycle with information sessions in Hickory, Charlotte, and Fayetteville. Start-ups working in Agricultural Technology, Advanced Manufacturing Technology, Healthcare Technology and IT/Communications can apply for $25,000 grants or $100,000 awards. Following the information sessions, Innovation Fund North Carolina will begin accepting applications on September 20. Limited funding is available. Interested entrepreneurs are highly encouraged to attend one of the scheduled information sessions.

TEDxGreensboro TEDxCity2.0 – Friday, September 20, 2013 from 7:30 AM to 5:30 PM (EDT) in Greensboro, NC. Talks will focus on Art, Education, Food, Health, Housing, Play, Public Space, and Safety – all elements whose presence will dictate the success of our future cities. TEDCity2.0 will focus on how bright ideas turn into collective impact – through talks, breakout sessions and satellite events globally – to create sustainable solutions and collaborative action. Note: This event is SOLD OUT

NCDevCon 2013 – North Carolina’s Premier Web Conference – Saturday, September 21, 2013 at 8:00 AM – Sunday, September 22, 2013 at 5:00 PM (EDT) in Raleigh, NC. NCDevCon is a 2 day web and mobile development conference in Raleigh, NC. For $200 you get access to all sessions and hands on classes. Your conference fee also includes lunch, a snazzy conference T-Shirt and admission to our evening networking event. Learn more at the NCDevCon Site. Organized by TACFUG, the Triangle Area ColdFusion User Group.

4th World Congress on Biotechnology – Monday, September 23, 2013 at 9:00 AM – Wednesday, September 25, 2013 in RTP, NC. This multi-disciplinary conference aims to provide a challenging forum and vibrant opportunity for researchers and industry practitioners to share their original research results and practical development experiences on specific new challenges and emerging issues. the 4th World Congress on Biotechnology mainly focuses on Unveiling the Current Frontiers in the Field of Biotechnology.

InfoSeCon 2013 -Thursday, October 17, 2013 from 8:00 AM to 5:00 PM (EDT) in Raleigh, NC. The Raleigh ISSA Chapter fall conference is a great opportunity to learn more about information security, talk with companies who provide security products and services, and network with fellow information security professionals. We submit CPE Credits automatically for attendees who provide their CISSP certification information. The goal is to educate attendees about information security, including executives responsible for regulatory compliance and security, information security professionals, software developers, and anyone who wants to know more about information security.

Google in Education North Carolina Summit – Saturday, October 19, 2013 at 7:30 AM – Sunday, October 20, 2013 at 5:00 PM (EDT) in Cary, NC. We invite you to join us for the first annual Google in Education North Carolina Summit to be held at Cary High School on October 19 & 20, 2013 . This high intensity two day event focuses on deploying, integrating and using Google Apps for Education to promote student learning in K-12 and higher education. The program features Google Certified Teachers, Google Apps for Education Certified Trainers, practicing administrators, solution providers, Google engineers, and representatives from the Google education teams.

All Things Open™ – October 23-24, 2013 in Raleigh, NC. All Things Open is a conference for technologists and decision makers around the topic of open source in the enterprise and will be held at the Raleigh Convention Center in downtown Raleigh, NC, the open source city.

TEDxRaleigh 2013 – Saturday, November 2, 2013 from 9:00 AM to 5:00 PM (EDT) in Raleigh, NC. “Quarry the Marvelous” at the National Historic Landmark Josephus Daniels House Auditorium. Come marvel with NC innovators, thinkers, and doers as we explore the waters off North Carolina, unravel the design process, overcome overwhelming odds, and more.

Cary’s GREAT PUNKIN’ CHUCK – Sunday, November 3, 2013 at Noon – 5:00 PM (EDT) in Cary, NC. Cary’s GREAT PUNKIN’ CHUCK is a mash up of science, back-yard technology and good clean fun hurling pumpkins with trebuchets at targets and for distance. Teams compete for prizes (and glory). Registration Site

TRINUG’s Code Camp will be held in Raleigh on November 9, 2013. More details to follow.

InternetSummit 2013 – November 12-14, 2013 in Raleigh, NC. Internet Summit is a premier digital strategies forum with a goal of educating and promoting forward thinking and thought leadership on topics related to internet business and marketing.

indieconf 2013 – Saturday, November 23, 2013 from 7:00 AM to 7:00 PM (EST) in Raleigh, NC. Whether your aim is to provide freelance web services or start a lifestyle business, indieconf provides speakers and attendees who’ve been there, done that who can help you grow your independence.

WordCamp Raleigh – November 23-24, 2013 in Raleigh. WordCamp Raleigh is a day and a half long event with over 20 sessions spread across three tracks – Users, Power Users and Developers.

Triangle Open Data Day – February 22-23, 2014 in RTP, NC. It’s a gathering of citizens to write applications, liberate data, create visualizations and publish analyses using open public data to show support for and encourage the adoption of open data policies by the world’s local, regional and national governments.

TEDx Raleigh logo

TEDxRaleigh Arrives November 2

Raleigh, NC – TEDx Raleigh 2013 is scheduled for November 2, 2013. The theme this year is “Quarry the Marvelous”

What is TED?

We have all seen TED talks on YouTube and in FaceBook posts, but what is TED?

TED is a nonprofit devoted to Ideas Worth Spreading. It started out in 1984 as a conference bringing together people from three worlds: Technology, Entertainment, Design.

Since 1984, TED has expanded to include conferences, the TED Talks channel, TED Conversations, TEDx community programs, TED Fellows and an annual TED prize. You can find out more about TED on the TED website.

What is TEDx?

Created in the spirit of TED’s mission, “ideas worth spreading,” the TEDx program is designed to give communities, organizations and individuals the opportunity to stimulate dialogue through TED-like experiences at the local level. TEDx events are fully planned and coordinated independently, on a community-by-community basis.

TEDx Raleigh 2013

The line up for speakers portend only great things for TEDx Raleigh 2013

  • Matt Tomasulo – Chief Instigator at @cityfabric and @walkyourcity
  • Aly Khalifa – Founder of @DesignBox + @SparkConner
  • Chris Marlow – Founder @helponenow
  • Mital Patel – Entrepreneur, Agitator @trianglestartup co-host
  • Bonner Gaylord – @citycampNC co-founder, Raleigh Councilmen
  • Kyle Berner – Intentional Wanderer @feelgoodz founder

Register now as this event is sure to sell out!

pumpkin-chuckShameless Tech Tank Plug

If TEDxRaleigh sells out and you are looking for something Tech to do on Nov 2, or if you are more of a Maker than Sit-and-Listen, get your inner Trebuchet on and register a team for Cary’s Great Pumpkin Chuck. Disclosure: Cary’s Great Pumpkin Chuck is co-sponsored by Tech Tank and the Town of Cary. Read the Cary Citizen article for more information.

Kauffman Foundation today are releasing a report on Tech startups: “Tech Starts: High-Technology Business Formation and Job Creation in the United States“

Triangle Ranks High in Tech Start-up Density

Research Triangle, NC – Engine in collaboration with the Kauffman Foundation today are releasing a report on Tech startups: “Tech Starts: High-Technology Business Formation and Job Creation in the United States“. The report specifically examines the impact of new, high-tech startups on job creation, finding that high-tech startup formations are way up, and that these firms create jobs at twice the rate of other young private sector firms.

The report looks at both the high-tech sector and the information and communications technology (ICT) segment of high-tech and their important contributions to entrepreneurship in the U.S. economy.

During the last three decades, the high-tech sector was 23 percent more likely and ICT 48 percent more likely than the private sector as a whole to witness a new business formation.

NC has 2 Metros Ranked in the Top 25

NC Metros for High-Tech Startup Density* (2010):

  • Raleigh-Cary, 13th at 1.9
  • Durham-Chapel Hill, 22nd at 1.6

NC Metros for ICT High-Tech Startup Density* (2010):

  • Raleigh-Cary, 10th at 2.1
  • Durham-Chapel Hill, 19th at 1.6

* Density values of one (1) indicate that a region has the same density of startups as does the United States as a whole. Density measures greater than one indicate above average densities. Metro startup density peaks around 3 (with Boulder, CO as an outlier at 6+). Startup density determined by comparing 384 metropolitan areas in the United States in 2010.

Changes Over the Last Decades – High-Tech Startup Density

Raleigh-Cary, NC

  • 1990 – 1.8
  • 2010 – 1.9

Durham-Chapel Hill, NC

  • 1990 – 0.9
  • 2010 – 1.6

Changes Over the Last Decades – ICT High-Tech Startup Density

Raleigh-Cary, NC

  • 1990 – 1.4
  • 2010 – 2.1

Durham-Chapel Hill, NC

  • 1990 – 0.7
  • 2010 – 1.6

The Triangle has a Bright Future

The Triangle has a developing entrepreneurial community anchored by the Research Triangle Park, fueled by our 3 major university centers (NCSU, Duke, UNC-CH), housed in our exploding incubators and accelerators (American Underground, HQ Raleigh, First Flight Venture, etc.) and supported by our great quality of life. Our Tech startup density is increasing rapidly; where it stops, no one knows!

Read the report for all the details.