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 @NCStateENT: Congratulations @NCState graduates. Time to go show the world how we #ThinkAndDo! #NCState17 🐺🐾🎓 https://t.co/eQ9KR1bbbH
Raleigh4u RT @DerrickMinor: Excited for my pals @ImJustinMiller and @tbsimon for officially launching their next venture, @ZookiesCookies! 👍🏼🐶🍪🐕 http…
Raleigh4u RT @WRALTechWire: Innovate Raleigh names entrepreneur as executive director >> https://t.co/ceZql7ktYy
Raleigh4u RT @newsobserver: Triangle-based @ZookiesCookies launched just in time for the holidays. https://t.co/LSylurOfN0
Raleigh4u RT @edpnc: Whether you call North Carolina home, or you're just passing through, barbecue is a must! Find out the best places to stop acros…
LaunchRaleigh RT @edpnc: Whether you call North Carolina home, or you're just passing through, barbecue is a must! Find out the best places to stop acros…
LaunchRaleigh RT @DerrickMinor: Excited for my pals @ImJustinMiller and @tbsimon for officially launching their next venture, @ZookiesCookies! 👍🏼🐶🍪🐕 http…
LaunchRaleigh RT @exitevent: Innovate Raleigh names entrepreneur as executive director #WRALTechWire https://t.co/PedDb7SzyB
LaunchRaleigh RT @Raleigh4u: Awesome news! Congrats @MsBridgetH! We look forward to working closely with you and @InnovateRaleigh on the continued growth…