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NC ranks as 5th best state for new startups | WRAL TechWire

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NC ranks as 5th best state for new startups | WRAL TechWire


RALEIGH – Pondering chances are you’ll take a leap of entrepreneurship and launch a enterprise in North Carolina?  It’s possible you’ll discover that the entrepreneurial ecosystem within the Tar Heel State is sort of pleasant and arrange in your potential success.

That’s as a result of the state ranks among the many finest within the nation in the case of the infrastructure, enterprise local weather, and entry to capital, in response to a brand new research from Lensa, which is a United States-focused job board.

Whereas North Carolina didn’t crack the highest spot, it did end in fifth place, behind Texas, Georgia, California, and Illinois.

Ohio, Minnesota, Massachusetts, Colorado, and New Jersey rounded out the highest 10 ranked states.

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NC IDEA proclaims 20 grant recipients at annual occasion, placing $2.3M into NC financial system

What’s taking place

There are indicators that North Carolina’s entrepreneurial financial system continues to develop, even in a macroeconomic setting the place enterprise capital deal movement seems to be slowing.

Take this week’s NC IDEA 2022 Ecosystem Summit, the place the group introduced that it had made $2.3 million in grants on this quarter alone to gas startup ecosystems statewide in addition to particular corporations by means of non-dilutive grants.

And, take into account that the speed of latest enterprise formations continues to extend, even because the financial system shifts and plenty of are involved about layoffs.

Enterprise Capital offers slowing nevertheless it’s not time to ‘wring our palms,’ VCs say

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Behind the rankings

The evaluation tracked eight key metrics tied to startup success, together with new enterprise purposes, enterprise survival price, price of latest entrepreneurs, company tax price, the proportion of the state’s inhabitants that had earned a bachelor’s diploma or greater, labor prices as measured by common earnings per capita in 2020 {dollars}, the price of dwelling, and a measure of enterprise capital entry that in comparison with whole enterprise cash disbursed per $1 million in state gross home product.

North Carolina had 171,355 enterprise formations, in response to the evaluation, which pulled information on that metric from america Census Bureau.  However the North Carolina Secretary of State’s Workplace tracked a bit greater than that in 2021, WRAL TechWire reported in January.

And Secretary of State Elaine Marshall informed WRAL TechWire in August that the tempo of latest enterprise formations in 2022 remained “torrid” with 93,000 new companies shaped statewide by means of the midpoint of the yr.

New companies launching at ‘torrid’ tempo to date in 2022, NC Secretary of State says

The Lensa evaluation additionally discovered that North Carolina’s enterprise survival price outpaced every of the opposite high 5 state finishers aside from California, with a survival price of seven.03%.

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North Carolina additionally punches above its weight on the enterprise capital disbursed per each $1 million of state gross home product, at $6,082, in response to the research, rating third among the many high 10 ranked states within the research.

That’s greater than twice that of first-place Texas, at $3,000, and greater than each second-place Georgia ($3,824) and fourth-place Illinois ($4,175).  Nonetheless, on this measure, third-place California and eighth-place Massachusetts lap the sphere, with $29,416 and $31,792, respectively, and ninth-place Colorado additionally outpaces North Carolina at $8,193.

North Carolina additionally led the highest ten ranked finishers within the research on labor prices, with $31,993, barely outpacing Texas, Georgia, and Ohio.  However this measure was analyzed utilizing 2016-2020 information from america Census Bureau as the common earnings per capita from the prior 12 months, expressed in 2020 {dollars}.





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North Carolina

Dozens in western NC kicked out of hotels Tuesday despite FEMA extending deadline, officials say

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Dozens in western NC kicked out of hotels Tuesday despite FEMA extending deadline, officials say


Despite the Federal Emergency Management Agency (FEMA) extending the deadline, dozens of people in western North Carolina were left without shelter Tuesday night after being kicked out of the hotels FEMA provided as temporary housing for those impacted by Hurricane Helene.

On Monday, FEMA announced it was extending the deadline for its Transitional Sheltering Assistance (TSA) program for victims of Helene in western North Carolina.

Through the program, FEMA paid for hotel and motel rooms for thousands of people displaced by Hurricane Helene.

Tuesday just before 3:30 p.m., FEMA said on X that “current eligible occupants can remain in their lodging through the end of March 2025.”

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But hours later, Senator Ted Budd posted this message on X:

“My office is hearing from dozens in WNC who have been kicked out of their hotels tonight, despite FEMA’s announcement yesterday that they were extending Transitional Sheltering Assistance through January 25.

“This is unacceptable. This needs to be fixed TONIGHT.”

Senator Thom Tillis also called out FEMA Tuesday night on X:

“My office has been helping dozens of Helene victims today who have been told their hotel vouchers expired despite not having a safe and livable home to go back to. Their homes have mold and broken windows…it’s 20 degrees tonight. Hotels are trying to help them, and a number of nonprofits are stepping up to pay for victims to stay in their hotels so FEMA has another day to get its act together.

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“This is a total breakdown on the part of FEMA.”

This comes after Governor Josh Stein was in western North Carolina that same day.

On Tuesday, Stein posted a photo of himself eating a BBQ sandwich at JRO’s in Canton.

Gov. Josh Stein eating sandwich in Canton Tuesday (Photo: Josh Stein Facebook)

“My team and I have been working hard to maintain temporary housing assistance for people in western NC,” the governor said Monday, one day prior, on X.

Senator Budd said later on Tuesday that he had been in contact with FEMA Administrator Deanne Criswell and encouraged those in need of assistance to contact his office at budd.senate.gov.

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WRAL News reached out to FEMA, and this was the agency’s response:

“If any survivors still need housing assistance or feel their TSA eligibility ended in error, they should immediately call the FEMA helpline at 1-800-621-3362.”

If you were impacted by this situation and would like to share your experience with WRAL, go to wral.com/reportit.



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North Carolina

NC Lottery Mega Millions, Lucky For Life results for Jan. 14, 2025

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The NC Lottery offers several draw games for those aiming to win big. Here’s a look at Tuesday, Jan. 14, 2025 results for each game:

Winning Mega Millions numbers from Jan. 14 drawing

04-14-35-49-62, Mega Ball: 06, Megaplier: 3

Check Mega Millions payouts and previous drawings here.

Winning Lucky For Life numbers from Jan. 14 drawing

03-06-17-26-39, Lucky Ball: 04

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Check Lucky For Life payouts and previous drawings here.

Winning Pick 3 numbers from Jan. 14 drawing

Day: 2-0-1, Fireball: 3

Evening: 3-3-6, Fireball: 3

Check Pick 3 payouts and previous drawings here.

Winning Pick 4 numbers from Jan. 14 drawing

Day: 0-2-7-8, Fireball: 8

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Evening: 8-8-1-4, Fireball: 2

Check Pick 4 payouts and previous drawings here.

Winning Cash 5 numbers from Jan. 14 drawing

11-17-19-20-33

Check Cash 5 payouts and previous drawings here.

Winning Double Play numbers from Jan. 14 drawing

18-24-36-37-43

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Feeling lucky? Explore the latest lottery news & results

Are you a winner? Here’s how to claim your lottery prize

All North Carolina Lottery retailers will redeem prizes up to $599.

For prizes over $599, winners can submit winning tickets through the mail or in person at North Carolina Lottery Offices. By mail, send a prize claim form, your signed lottery ticket, copies of a government-issued photo ID and social security card to: North Carolina Education Lottery, P.O. Box 41606, Raleigh, NC 27629. Prize claims less than $600 do not require copies of photo ID or a social security card.

To submit in person, sign the back of your ticket, fill out a prize claim form and deliver the form, along with your signed lottery ticket and government-issued photo ID and social security card to any of these locations:

  • Asheville Regional Office & Claim Center: 16-G Regent Park Blvd., Asheville, NC 28806, 877-625-6886 press #1. Hours: 9 a.m. to 5 p.m. Monday through Friday. This office can cash prizes up to $99,999.
  • Greensboro Regional Office & Claim Center: 20A Oak Branch Drive, Greensboro, NC 27407, 877-625-6886 press #2. Hours: 9 a.m. to 5 p.m. Monday through Friday. This office can cash prizes up to $99,999.
  • Charlotte Regional Office & Claim Center: 5029-A West W. T. Harris Blvd., Charlotte, NC 28269-1861, 877-625-6886 press #3. Hours: 9 a.m. to 5 p.m. Monday through Friday. This office can cash prizes up to $99,999.
  • NC Lottery Headquarters: Raleigh Claim Center & Regional Office, 2728 Capital Blvd., Suite 144, Raleigh, NC 27604, 877-625-6886 press #4. Hours: 9 a.m. to 5 p.m. Monday through Friday. This office can cash prizes of any amount.
  • Greenville Regional Office & Claim Center: 2790 Dickinson Avenue, Suite A, Greenville, NC 27834, 877-625-6886 press #5. Hours: 9 a.m. to 5 p.m. Monday through Friday. This office can cash prizes up to $99,999.
  • Wilmington Regional Office & Claim Center: 123 North Cardinal Drive Extension, Suite 140, Wilmington, NC 28405, 877-625-6886 press #6. Hours: 9 a.m. to 5 p.m. Monday through Friday. This office can cash prizes up to $99,999.

Check previous winning numbers and payouts at https://nclottery.com/.

When are the North Carolina Lottery drawings held?

  • Powerball: 10:59 p.m. Monday, Wednesday, and Saturday.
  • Mega Millions: 11 p.m. Tuesday and Friday.
  • Lucky for Life: 10:38 p.m. daily.
  • Pick 3, 4: 3:00 p.m. and 11:22 p.m. daily.
  • Cash 5: 11:22 p.m. daily.

This results page was generated automatically using information from TinBu and a template written and reviewed by a Carolina Connect editor. You can send feedback using this form.



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North Carolina

School closings, delays in Western North Carolina, Wednesday, Jan. 15

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School closings, delays in Western North Carolina, Wednesday, Jan. 15


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Some school systems in Western North Carolina are closed or operating on delays Wednesday, Jan. 15, due to winter weather impacts.

  • Avery County Schools: Two-hour delay.
  • Cherokee County Schools: Two-hour delay.
  • Clay County Schools: Closed, optional workday.
  • Graham County Schools: Two-hour delay.
  • Jackson County Schools: Two-hour delay.
  • Macon County Schools: Franklin area closed, remote learning day. Highlands School, three-hour delay. Nantahala School, two-hour delay.
  • Madison County Schools: One-hour delay.
  • Mitchell County Schools: One-hour delay.
  • Swain County Schools: Two-hour delay.
  • Transylvania County Schools: Two-hour delay.

This story will be updated



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