In the wake of UNCW’s Information Technology Conference and the release of the Garner Report, the question of how to spur economic development in the Cape Fear Region persists. Should leaders be luring outside businesses, developing local industries, or encouraging start-up activity? In answer to this, UNCW’s Center for Innovation and Entrepreneurship, or CIE, is training local entrepreneurs to identify area business owners’ needs, develop solutions accordingly—and take these ideas to broader, out-of-state markets.
Four years ago, Kevin O’Grady, a retired lawyer and then president of Residents of Old Wilmington, decided to bring some of his neighborhood association’s priorities into the limelight by running for City Council. Since then, the incumbent Democrat says he’s accomplished what he set out to do—enhance public safety, historic preservation, and forestation initiatives throughout downtown Wilmington. But O’Grady, who’s up for reelection, has a host of related civic projects he hopes to see through during a second term.
Last night the Wilmington City Council unanimously approved a resolution that could offer Castle Branch financial incentives to expand its local headquarters and bring 400 news jobs to the area. The resolution to potentially give the company $250,000 dollars mirrors a decision New Hanover County commissioners made earlier this week.