About Wake county economic development
Wake County Economic Development: Paving the Way for Business Growth in North Carolina
Are you looking for a place to start or grow your business? Look no further than Wake County, North Carolina. With its strategic location, highly skilled workforce, and supportive business environment, Wake County is the perfect place to establish your company and achieve success.
Wake County Economic Development (WCED) is a public-private partnership that works tirelessly to promote economic growth and development in the region. Their mission is to attract new businesses, retain existing ones, and create jobs that will benefit both the local community and the state as a whole.
Located in the heart of North Carolina’s Research Triangle Park (RTP), Wake County offers unparalleled access to world-class research institutions such as Duke University, UNC-Chapel Hill, and NC State University. This proximity provides businesses with access to cutting-edge research facilities and top-tier talent from around the globe.
In addition to its prime location within RTP, Wake County boasts a diverse economy that includes thriving industries such as technology, healthcare, finance, advanced manufacturing, biotech/pharmaceuticals among others. The county has also been recognized by Forbes magazine as one of America's fastest-growing cities with an impressive job growth rate of 2.9% annually.
WCED offers a range of services designed to help businesses succeed in this dynamic environment. They provide assistance with site selection; workforce development; financing options; tax incentives; regulatory compliance; marketing support among other services tailored towards helping companies thrive.
One key advantage of doing business in Wake County is its highly educated workforce which ranks among one of the most educated populations in America according to US Census Bureau data. The county has over 20 colleges & universities within driving distance providing employers with access not only top talent but also opportunities for collaboration on research projects or internships programs.
Another advantage offered by WCED is their commitment towards sustainability initiatives aimed at reducing carbon footprint while promoting green energy solutions like solar power installations across various commercial properties throughout Wake county.
The organization also partners with local chambers of commerce & industry associations providing networking opportunities for entrepreneurs seeking mentorship or guidance from experienced professionals who have already established successful ventures within their respective fields.
In conclusion,
Wake County Economic Development provides an excellent platform for entrepreneurs looking forward to establishing their businesses or expanding existing ones into new markets while enjoying all benefits associated with being located within RTP - one of America's most vibrant innovation hubs! With its strategic location coupled up with highly skilled labor force plus supportive business environment makes it an ideal destination for any investor seeking long-term success!