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Funding for minority-owned business coming under attack

It will take time to determine the ultimate fallout as conservatives work to dismantle affirmative action and diversity initiatives through the courts. In the meantime, this is yet another burden on a population that most need support.

First Citizens deal for Silicon Valley Bank could be huge growth opportunity for Triangle, leaders say

NC IDEA s CEO praises Apple deal but says tax incentives could create more jobs through smaller firms

DURHAM – Did North Carolina pay too much to land a $1 billion campus in the Triangle and 3,000 high-paying jobs? Thom Rhue, CEO of the NC IDEA Foundation which focuses on development of the state’s startup and entrepreneurial community, likes the deal but prefers other ways to create jobs. In a Q&A with WRAL TechWire’s Jason Parker, Ruhe spells out what he sees as the good – and what could be better. What does this Apple news mean for the Triangle beyond the jobs and investment? Like the announcement from Google last month, this is yet another large external validation of the technology and talent potential in the Triangle. When companies like Apple and Google put down roots here, you know they are seeing the region as an important one.

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