Company Receives BioNest Grant to Support Entry into US Market CorestemChemon, a biopharmaceutical company headquartered in South Korea, has selected Winston-Salem as the location for its U.S. base of operations. The company will be located within the Regenerative Medicine (RegenMed) Engine’s Innovation Accelerator, based in the Innovation Quarter. With about 350 employees worldwide, CorestemChemon is… Read More »
Category: Economic Development
Korean Biopharmaceutical Company, CorestemChemon, Selects Winston-Salem’s Wake Forest Institute for Regenerative Medicine (WFIRM) for US Base of Operations
German National Team Selects Winston-Salem, Wake Forest University and The Graylyn Estate as Host Site for FIFA World Cup 2026™
Four-time World Cup Champions Arrive in Winston-Salem on June 8 The German Men’s National Team has selected Winston-Salem as its home base for the 2026 FIFA World Cup, choosing Wake Forest University and The Graylyn Estate as its official training site and team headquarters – bringing one of the world’s premier soccer programs to the… Read More »
Plakous Therapeutics Awarded BioNest Grant Ahead of First In-Human Clinical Trials
Greater Winston-Salem Inc. is pleased to award a BioNest Fund grant to locally-headquartered Plakous Therapeutics as the company progresses toward human clinical trials for its patented biologic treatment. The company has developed a therapeutic to prevent Necrotizing Enterocolitis (NEC), one of the deadliest gastrointestinal diseases resulting from premature birth. NEC results in approximately 1,000 deaths… Read More »
Ricoh 3D for Healthcare Awarded First BioNest Grant, Expanding Biotech Innovation in Winston-Salem
Greater Winston-Salem Inc. is excited to announce that Ricoh 3D for Healthcare has been awarded the first BioNest Fund grant, which will support the company’s expansion of research and development facilities in Winston-Salem. The BioNest Fund was launched in September by Greater Winston-Salem Inc. in partnership with the Whitaker Park Development Authority. It provides up… Read More »
WH Farms Co. Expansion Brings Manufacturing to Winston-Salem
WH Farms Co. is a 4-year-old biotech startup that grows hemp on a USDA licensed North Carolina farm and processes it for use in topical beauty and wellness products. The company offers white label services for brands offering hemp-infused product lines. Active in Winston-Salem’s entrepreneurial ecosystem, WH Farms Co. currently operates out of Winston Starts, a downtown startup incubator.… Read More »
Modular Closets to Locate in Forsyth County
Modular Closets, a leading manufacturer of customizable closet and storage systems, has selected Forsyth County for a new location as part of its Southeastern expansion. The company, headquartered in New Jersey, will invest $30 million and create 100 jobs in its first year, including 50 positions within the first quarter. Modular Closets’ rapid growth plan… Read More »