Network for Entrepreneurs in Wilmington
- Company typePrivate
- Founded2015
- HeadquartersWilmington, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
Network for Entrepreneurs in Wilmington firmographics
Firmographics- Name
- Network for Entrepreneurs in Wilmington
- Legal name
- Network for Entrepreneurs in Wilmington
- Website
- https://newilm.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Network for Entrepreneurs in Wilmington industry classification
Industry- Product category
- Entrepreneur Support Services
- akta.pro primary industry
- Entrepreneurship, Innovation & Venture Creation Centers (EDAHAHAH)
- akta.pro secondary industries
- Small Business & Entrepreneurship Community Education (EDAAAFAK), Entrepreneurship Foundations & Startup Basics (EDAMAHAA)
Keywords
Where Network for Entrepreneurs in Wilmington is headquartered
LocationHeadquarters
- HQ city
- Wilmington
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Network for Entrepreneurs in Wilmington business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Sponsorships: NEW operates as a nonprofit supported by annual sponsors at multiple tiers. Sponsors include High Tide Level sponsors (Kymanox Life Sciences Solutions, Canapi Ventures, Cape Fear Ventures, UNCW Center for Innovation & Entrepreneurship, Spelamode), Title Level sponsors (NC Idea, Hutchlaw, Bagchilaw, Bagchi Group), and Annual Sponsors (Strategic Investments NC, DesignLoud, Fisher Family Foundation, and others). Sponsorships fund programming, events, and ecosystem-building activities.
- NC IDEA ECOSYSTEM Grant: NEW received a $62,000 NC IDEA ECOSYSTEM grant to fund the Precelerator program, a two-to-three-month cohort-based program in which early-stage companies work with regional experts on the Lean Business Canvas framework.
- NC IDEA Ecosystem Grant Support: NEW is supported by an NC IDEA Ecosystem Grant, which helps fund programming and operations for the organization.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Network for Entrepreneurs in Wilmington product offering
Product offeringCore offering
Network for Entrepreneurs in Wilmington (NEW) is a nonprofit entrepreneur support organization that hosts free monthly events, mentorship matching, capital readiness coaching, and the 9-week Precelerator accelerator program to connect Wilmington, NC startups with investors, mentors, and statewide/national resources. The organization builds the local startup ecosystem by convening founders, sponsors, and investors around programming that strengthens pitches, expands deal flow, and supports underrepresented entrepreneurs. NEW serves as the primary connective tissue between local founders and the broader North Carolina innovation economy.
Product overview
Network for Entrepreneurs in Wilmington (NEW) is an entrepreneur support organization offering a portfolio of interconnected services designed to build Wilmington's startup ecosystem. The core offerings include Startup Events & Panels (monthly networking events connecting founders with investors), Mentorship & Advisory Access (one-to-one mentorship pairing founders with experienced operators), Capital Readiness (preparation for funding with pitch strengthening and capital pathway exploration), Founder Education & Workshops (practical skills training), Investor & Partner Connections (facilitated introductions), and Ecosystem Building (connections to statewide/national resources). NEW also operates the Precelerator Program, a 9-week Lean Business Model Canvas-based program for early-stage startups, and organizes event series including the Wilmington AI Roundtable and the ELEVATE CEO Retreat. Rather than a unified software platform, NEW functions as an organizational hub that delivers these service programs to entrepreneurs, investors, and mentors throughout the Wilmington region.
Differentiator
Problem solved
Functional benefit
Products and services
- Precelerator Program A 9-week accelerator program for early-stage startups using the Lean Business Model Canvas framework. It helps pre-seed and seed-stage founders develop foundational clarity on problem-solution fit, value proposition, revenue models, customer segments, and cost structure. Delivered in partnership with Hustle n Harvest and supported by NC IDEA.
- Startup Events & Panels Free monthly events and panels hosted at venues such as Ironclad Brewery and Skyline Center that connect Wilmington founders, investors, and leaders for practical insights and networking. Designed for early-stage entrepreneurs and the local startup community.
- Wilmington AI Roundtable Quarterly event series focused on AI topics for the Wilmington entrepreneurial community. Launched in partnership with Amped Ventures. Designed for founders and operators interested in applied AI for startups.
- ELEVATE CEO Retreat
Quantifiable outcome
- Wilmington ranked #2 globally for cities 100K–300K population (StartupBlink, 2022)
- +4 more outcomes
Companies that use Network for Entrepreneurs in Wilmington
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles3 records
Network for Entrepreneurs in Wilmington technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Network for Entrepreneurs in Wilmington partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- UNCW Center for Innovation and Entrepreneurship (CIE)coreNEW partnered with the UNCW CIE incubator to apply for the NC IDEA ECOSYSTEM grant. The CIE, recognized as a top 50 US accelerator by the SBA, serves as a key anchor institution for Wilmington's startup ecosystem and hosted NEW events at its facility.
- Genesis BlockcoreNEW partnered with Genesis Block (a Wilmington coworking space and entrepreneur hub) to serve as a feeder for the Precelerator program, hosting pre-program activities for underrepresented entrepreneurs.
- Hustle n HarvestcoreHustle n Harvest is the partner organization running NEW's 9-week Precelerator Program, which uses the Lean Business Model Canvas framework to help early-stage startups develop foundational business clarity on problem-solution fit, value proposition, revenue models, and customer segments.
- Wilmington Angels for Local Entrepreneurs (WALE)coreWALE is an angel investor network founded by Jim Roberts that has invested over $1 million in Wilmington startups since 2015. NEW and WALE operate in parallel, with WALE focused on investment and NEW focused on ecosystem building and programming.
- RIoT Accelerator ProgramminorRIoT Accelerator Program (RAP) has supported Wilmington startups including OpiAID (sixth cohort) and connects regional companies with state-level IoT and technology resources.
- First Flight Venture CenterminorFirst Flight Venture Center in Research Triangle Park provides early-stage life sciences companies with guidance on federal grants and commercialization support. Active in the NC IDEA ecosystem network and engaged with Wilmington life sciences startups.
Scale indicators9 records
Recent moves6 records
Expansion highlights5 records
Network for Entrepreneurs in Wilmington competitors and assessment
Company assessmentDirect peers
- MassChallenge: Nonprofit global accelerator running cohort programs with mentor networks and corporate sponsor support. Closely analogous nonprofit operating model and founder-support mandate to NEW's community-led programming.
- Venture For America: Nonprofit fellowship and founder support organization operating across multiple US cities. Comparable nonprofit structure, founder-development mission, and regional-ecosystem-stewardship role.
- gener8tor: Operator of accelerator cohorts and founder support programs across multiple US regions. Highly comparable to NEW in mission (community-driven founder development) and operating model (cohort-based programs, sponsor-funded, region-anchored).
- Capital Factory: Texas-based accelerator and entrepreneur hub offering mentorship, investor introductions, and founder education. Highly comparable in regional-ecosystem-building role and sponsor-supported operating model.
- 1871: Chicago-based nonprofit innovation hub providing programming, mentorship, and corporate sponsor support to early-stage founders. Comparable in nonprofit status, community-building mission, and corporate-sponsor revenue model.
- Camelback Ventures: Nonprofit accelerator focused on underrepresented founders with cohort programs, mentorship, and capital-readiness support. Comparable to NEW's mission emphasis on underrepresented entrepreneurs via NC IDEA grant targeting.
Broad incumbents
- Techstars: Global accelerator operator with regional cohort programs, mentor matching, and investor introductions. Comparable to NEW's Precelerator + mentorship + capital-readiness offering, but at vastly larger scale and as a for-profit platform.
Regional players
- RIoT: North Carolina-based nonprofit supporting IoT and emerging-tech founders with programming, accelerator cohorts (RAP), and statewide connections. Direct NC peer referenced in NEW's partnership data; comparable regional ecosystem-building function.
- Startup Junkie: Northwest Arkansas-based nonprofit supporting regional founders through programming, mentorship, and ecosystem convening. Comparable community-anchored, nonprofit, founder-support model to NEW's Wilmington operations.
- First Flight Venture Center: Research Triangle Park-based nonprofit incubator focused on early-stage life-sciences and tech founders. Direct NC peer in NEW's network; comparable nonprofit incubator/cohort model and state-level ecosystem role.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Network for Entrepreneurs in Wilmington social profiles
Digital presenceNetwork for Entrepreneurs in Wilmington financial estimates
Financial estimateRevenue estimate
Valuation estimate
Network for Entrepreneurs in Wilmington leadership team
Management profileNumber of profiles
Profiles1 record
Network for Entrepreneurs in Wilmington funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Network for Entrepreneurs in Wilmington M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Network for Entrepreneurs in Wilmington
What does Network for Entrepreneurs in Wilmington do?
Network for Entrepreneurs in Wilmington (NEW) is a nonprofit entrepreneur support organization that hosts free monthly events, mentorship matching, capital readiness coaching, and the 9-week Precelerator accelerator program to connect Wilmington, NC startups with investors, mentors, and statewide/national resources. The organization builds the local startup ecosystem by convening founders, sponsors, and investors around programming that strengthens pitches, expands deal flow, and supports underrepresented entrepreneurs. NEW serves as the primary connective tissue between local founders and the broader North Carolina innovation economy.
Is Network for Entrepreneurs in Wilmington a public or private company?
Network for Entrepreneurs in Wilmington is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Network for Entrepreneurs in Wilmington founded?
Network for Entrepreneurs in Wilmington was founded in 2015. It employs 1 to 10 people.
Where is Network for Entrepreneurs in Wilmington based?
Network for Entrepreneurs in Wilmington is headquartered in Wilmington, United States, in the North America region.
How does Network for Entrepreneurs in Wilmington make money?
Three revenue lines are on record. Sponsorships are the primary driver. The others are NC IDEA ECOSYSTEM Grant and NC IDEA Ecosystem Grant Support.
Who are Network for Entrepreneurs in Wilmington's main competitors?
Direct peers on record are MassChallenge, Venture For America, gener8tor, Capital Factory, 1871 and Camelback Ventures. Techstars is listed as a broad incumbent. Regional players are RIoT, Startup Junkie and First Flight Venture Center.
Does Network for Entrepreneurs in Wilmington have an API?
No public API is recorded for Network for Entrepreneurs in Wilmington.
What industry is Network for Entrepreneurs in Wilmington in?
Network for Entrepreneurs in Wilmington's product category is Entrepreneur Support Services. Its primary akta.pro industry code is EDAHAHAH, Entrepreneurship, Innovation & Venture Creation Centers, with a secondary code of EDAAAFAK, Small Business & Entrepreneurship Community Education.