Cabarrus Economic Development Corporation Receives Funding for Minority-Led Entrepreneurship Access Center

Cabarrus Economic Development Corporation (Cabarrus EDC) is among seven entrepreneur support organizations in North Carolina to be selected for an ECOSYSTEM grant through NC IDEA. The funding comes from a partnership between NC IDEA and the Research Triangle Foundation (RTF), who announced a $250,000 initial commitment to support the grant program. Cabarrus EDC will use the grant funding to support the development of a minority-led Access Center at the Cabarrus Center for Innovation and Entrepreneurship in downtown...

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Partner Spotlight: The Flywheel Foundation

Supporting Entrepreneurs Through Education, Investment and Ecosystem Development The primary focus at the Cabarrus Center for Innovation and Entrepreneurship is to support the creation of new businesses and the growth of existing small businesses through free or low-cost educational and networking programs, mentor networks, capital access, and events. We do this by collaborating with a dynamic group of partners, who each specialize in supporting entrepreneurs in this region. One such partner is The Flywheel Foundation,...

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New Ventures Expands in North and South Carolina

CONCORD, NC—April 22, 2021— Flywheel’s early-stage investment and accelerator program announced today it is expanding in regions ranging from the North Carolina Core to Upstate South Carolina. New Ventures opened applications this month to four separate application pipelines and areas of focus through June 7, 2021. The expanded accelerator program offering is coupled with a fourfold expansion of the corollary investment funds. “Our ability to replicate the New Ventures program as we expand our network of innovation...

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Cabarrus Center Provides a “Spark” Through New Grant Program

Meet the Recipients at the Cabarrus Center Spark Grant Celebration on May 6 The Cabarrus Center for Innovation and Entrepreneurship may have just opened in March, but the first big “spark” of activity has already been underway for several months as aspiring entrepreneurs worked to secure grants through a new program, funded by the Flywheel Foundation and Truist Bank. Back in December, the Cabarrus Center launched the first cycle of its Spark Grants program. Entrepreneurs located in or adding jobs in Cabarrus County...

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