Castle Branch

Wilmington Downtown Inc.

This broadcast of CoastLine originally aired on April 29, 2015. 

There’s good economic news today: unemployment is down slightly, and Wilmington has earned another accolade:  a San Francisco-based financial planning website named it the second-best city in the nation to start a business.

The development of the Cape Fear region – which includes Pender and Brunswick Counties – is all about coordinated strategy.

UNCW’s Center for Innovation and Entrepreneurship, or CIE, has unveiled the business sector’s answer to match-making. 

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.  

City of Wilmington

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.

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Business incentives can come in several forms – tax breaks, direct grants, the building of infrastructure – such as roadways or utilities.  

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.

Castle Branch, a Wilmington-based employment screening company, is getting ready for another growth spurt.