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Category: Economic Development

International Collaboration Fosters Healthcare and MedTech Company Acceleration in Winston-Salem

A new business development program launching in Winston-Salem will bring the most promising healthcare IT and digital health companies from Sweden, Iceland, and Finland to the Triad to plan their US market entry strategies. The program, called Nordic AMPlify, has selected 12 growth-phase companies from more than 100 companies who expressed interest. The program will… Read More »

Three Creative Companies Win Top Prizes from the Velocity Creative Accelerator

Three startups have earned the top seed-stage investment awards in the Center for Creative Economy’s Velocity Creative Accelerator. In the organization’s fifth annual education and seed funding program, ten creative entrepreneurs completed a 9-week entrepreneur education program that refined their business plans and pitches to investors to be one of the top three startups to… Read More »

Wake Forest and the New Museum Present ‘IdeasCity Winston-Salem’

Year-long partnership to focus on thriving mid-sized cities Wake Forest University, New Museum’s NEW INC in New York City, and more than a dozen local businesses and organizations, are engaging in a unique year-long partnership under the banner “IdeasCity Winston-Salem.” Throughout the 2020-21 academic year, community partners will host events to explore creative approaches to… Read More »

Minority Business Enterprise Grant Program Provides Funds for COVID-19 Relief

 A new grant program will offer funding for COVID-19 relief to Black and Latino-owned small businesses in Winston-Salem and Forsyth County. The Minority Business Enterprise (MBE) grant fund will provide businesses with up to $25,000 and is focused on improving business success, job retention, and job creation for Black and Latino-owned businesses. $1.2 million has… Read More »

TrueLook Expands Operations with New Headquarters in Winston Salem’s Innovation Quarter

Winston Salem-based construction camera provider TrueLook has expanded its operations with a new office located in the rapidly growing Innovation Quarter of Winston Salem.  TrueLook employees gathered at the new office for a ribbon cutting ceremony this past Friday. “The ribbon cutting was particularly momentous for us,” said Roger Yarrow, TrueLook COO. “Not only has an… Read More »

Lowes Foods parent company Alex Lee acquires 20 new stores

Alex Lee, Inc., the parent company of Winston-Salem based Lowes Foods, announced an agreement to purchase 20 BI-LO stores in South Carolina and Georgia from Southeastern Grocers, Inc. The addition of these stores will enable Alex Lee to expand its geographic footprint, enhance operations across these markets, and offer great customer service for shoppers in… Read More »


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