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Home: AtHomeWithCarolAnnNorth Carolina's Triangle Area: A Powerful Economic Engine

It is great to be at home in Chapel Hill for many reasons -- one important reason is our exciting economic engine. Economic opportunities abound within the triangular area defined by Chapel Hill, Durham and Raleigh, known as "The Triangle".

Since the 1950's three major universities have primed economic development in this exciting area. The University of North Carolina at Chapel Hill, Duke University in Durham, and NC State University in Raleigh have provided intellectual, human and financial resources that drive economic life throughout the area.
 

In 1959,with the leadership of the academic and governmental communities, the Research Triangle Foundation and the Research Triangle Park were founded. Now, this is a 6,900-acre Research and Development giant that provides jobs, new products and tomorrow's opportunities for the region, the country and the world. Profiles of the many companies that make up RTP can be obtained at http://www.rtp

New businesses are hatching every day here in the triangle, and the entrepreneurial mind-set is a common way of thought around here. The Council for Entrepreneurial Development supports new enterprises with education, capitol formation, mentoring and networking, and communication of business development opportunities. The North Carolina Technology Development Authority creates jobs by nurturing, supporting and helping entrepreneurs. In addition to its "First Flight Center" -- business incubator in RTP-- 26 additional incubators are located around North Carolina. More local economic information is also available online: right now you're just one click away from economic development advice for Orange County (where Chapel Hill is located), and Durham County.

New ideas are the fuel of economic machines, and the Triangle Area has more than its share of idea generators. In addition to the major universities and several high-quality smaller educational institutions, a number of organizations foster technological and intellectual innovation. For example, Research Triangle Institute is a major Research and Development assistance agency that advances knowledge in health and medicine, environmental protection, advanced technologies, and public policy. The Microelectronic Center of North Carolina helps to launch new high-tech companies. The North Carolina Biotechnology Center nurtures the state's growing biotech community.

This is just the "tip of the triangle" because every community in the Triangle Area has exciting businesses starting, growing and evolving. Check the following Chambers of Commerce for listings: Chapel Hill Chamber of Commerce, Durham Chamber of Commerce, Raleigh Chamber of Commerce

 

 

 

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Copyright © Carol-Ann Greenslade, 2000, 2001, 2002, 2003, 2004, 2005