January 2020 Newsletter

Beyond the Numbers
January 2020

These CEOs took VC Money, but why?
Believe it or not, it’s not the first time a bootstrapped, profitable company chose to take VC money after a number of years in operation without it. The writers at crunchbase news decided to talk to a few of those companies to find out why they chose that path and what came out of it. Click here to find out what those CEO’s said.
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UPDATE!
The New IRS Mileage reimbursement rate is $.575 per mile, down from $.58 in 2019.
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Upcoming Events
Check out these events in and around the Triangle!

January
CHARLOTTE INNOVATION WEEK – 1/21-1/24: CLT’S first ever startup week!The Charlotte ecosystem is banding together—bringing investors, innovators and startup supporters together for a week filled with the opportunity to connect, pitch, invest and raise. Local companies and collectives are hosting events throughout the week
2020 NC TECH OUTLOOK FOR TECH – 1/24 (8:30am-2:30pm): Annual kick-off event with leading insights on trends + innovations shaping technology. The event includes a Pre-Event Shindig, Exhibit Showcase, Panel Breakout Sessions, and an information packed Luncheon Program.
2020 NC STIR BRIEFING – 1/30 (8:30am-10:00am): NC TECH releases an annual North Carolina State of Technology Industry Report & Tech Directory, which provides a snapshot of North Carolina’s facts, statistics, trends, narratives and insights into NC’s tech industry and includes a directory of all NC TECH members.
February
TECHSTARS STARTUP WEEKEND DAVIDSON – 1/31 – 2/2 (6:30pm-4:00pm): Join for a three-day, hands-on, startup event: Form a team, create a prototype, validate
e your idea, and receive feedback from experienced entrepreneurs, all in one weekend.
NC IDEA SPRING 2020 GRANT PREP SESSION – The session will provide tips and best practices for writing a successful grant application, covering the anatomy of the grant application with specifics on what the reviewers are looking for in each section. (2/3 – 5:30-7:00pm – Wilmington) (2/4 – 3:00pm-4:30pm – Raleigh) (2/5 – 6:00pm-7:30pm – Winston-Salem) (2/6 – 6:00pm-8:00pm – Charlotte)
C-SUITE PERSPECTIVES – 2/14 (7:30am-9:00am): Don’t miss the opportunity to hear from Donald Thompson, CEO of Walk West. He will share the story of his professional journey and the story of Walk West, a digital marketing firm recognized by Inc 5000 as the fastest growing agency in North Carolina in 2018 and 2019.
RURAL NC PLACE-BASED ENTREPRENEURSHIP ROUNDTABLE – 2/18 (9:30am-4:00pm): This roundtable will focus on place-based entrepreneurial centers and programs, such as incubators, co-working spaces and accelerator programs in counties of less than 200,000 people.
CODE FOR DURHAM: CIVIC HACKING SESSION – 2/18 (5:30pm-8:30pm): Code for Durham is a bi-weekly project night for technologists, designers, developers, data scientists, map makers, and activists who are working on “civic technology” projects.
TECH TALENT SOUTH CHARLOTTE DIVERSITY IN TECH PANEL – 2/20 (6:30pm-8:30pm): Diversity isn’t just something you should consider when growing your business; it will cause your business to grow.Did you know that racially diverse teams outperform non-diverse teams by 35% or that teams where men and women are equal earn 41% more revenue?BUNKER BREWS RALEIGH-DURHAM: NAVIGATING THE ENTREPRENEUR ECOSYSTEM – 2/20 (5:30pm-7:30pm): We all know the NC entrepreneur ecosystem is strong, robust, and powerful. Come hear insights from Arden Rosenblatt as he shares tips to navigating the resources that are available.
STARTUP SALES & MARKETING: WHY EVEN THE GREATEST PRODUCTS DON’T SELL THEMSELVES – 2/29 (11:00am-3:00pm): MEDx’s Entrepreneurship Workshop, Startup Sales and Marketing, Why Even the Greatest Products Don’t Sell Themselves.
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Our best form of advertising is word of mouth and referrals from current clients. We are looking to add a few start-ups to our client list in 2020, so if you know anyone that we could help, please send them our way. If you don’t, you can still help by leaving us a review on Google. Just click the button below!

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