News

The Office of Economic Development has just released its inaugural Annual Report. The FY 2013/2014 report includes data previously found in the Growth and Development Report produced by the Long Range Planning Division and tells the story of development and investment happening all over Raleigh.

Featured in the report is the relocation story of Citrix/Sharefile. Jesse Lipson, founder of ShareFile which was acquired by Citrix in 2011, convinced executives that Raleigh was the ideal location for their corporate headquarters. “Raleigh has a healthy mix of people who have been here for a generation or more and transplants who are new, so it’s grounded enough to feel stable but not stagnant. Raleigh has a really good balance” says Lipson. The 130,000 square foot facility is scheduled to open this year.

Raleigh is known for its strengths in technology and innovation which can be seen in the growing number of tech companies and the creative industry evolving around the makers.  The report highlights Raleigh’s business clusters including Life Sciences, Cleantech, Startups, Consumer Goods, and IT/Software.

The report also explores why Raleigh is one of the fastest growing metro areas in the country. When compared to national averages, Raleigh has a lower overall cost of living, a higher median household income, and a greater percentage of the population with a bachelor’s degree. Raleigh is also in close proximity to some of the finest universities in the nation and appeals to many because of its four distinct seasons and vast cultural activities.

 
Raleigh4u RT @InnovateRaleigh: This tech hub is booming! @TomSnyderRIoT knows the future of Raleigh is bright, and we do too 🌟 https://t.co/iG6lJt26qh
Raleigh4u RT @InnovateRaleigh: “Work-life balance is huge. It’s not just that you get so much more from people, but it’s the right thing to do.” – We…
Raleigh4u RT @HQRaleigh: #registration is now open for the @CEDNC ’s Tech Conference 2018 from September 12-13. The conference is an opportunity to s…
Raleigh4u RT @CentCampus: For more than three decades, @NCState and @IBM have been working together across research, education and advanced technolog…
LaunchRaleigh RT @Neighborland: This Wednesday 👉 co-founder @DanParham shares insights from recent projects including #DixPark at @RaleighPlanning's #UDC
LaunchRaleigh RT @RaleighWake: ICYMI: @ChiefExecGrp featured @bandwidth CEO David Morken discussing the strength of the #ResearchTriangle. Check out our…
LaunchRaleigh RT @RaleighMoves: Raleigh and Durham are the highest rated cities for cycling in NC based on the @PlacesForBikes metrics. We know we still…
LaunchRaleigh RT @fscottmoody: #Triangle’s @sageworks acquired by PE firm, 400 employees. Hoepfully will see lots more growth, then IPO! https://t.co/S
LaunchRaleigh RT @NCState: #NCState will become one of four university-based @IBM Q Hubs in the world, and the only one in North America: https://t.co/ix