Category: Economic Development

MBE Grants Awarded to 20 Local Businesses

Leer En Español  As part of our continued efforts to promote local business success, we are excited to announce the recipients of the 2023 cycle of the MBE (Minority Business Enterprise) Grant program. The Entrepreneurial Advisory Committee has distributed a total of $219,600 in funding to 20 locally-owned small businesses. The grants were awarded in… Read More »

Purple Crow to Expand Operations in Forsyth County

Purple Crow is set to acquire property in Whitaker Park where it will establish a new headquarters for its food distribution operations. The company serves as a distributor supplying over 3,000 Hispanic products to stores and restaurants along the East Coast. The company currently operates out of four locations within Forsyth County and plans to… Read More »

TexTech Industries Breaks Ground on Forsyth County Expansion

Tex-Tech Industries, a producer of innovative, high-performance materials for space, aerospace, defense and advanced industrial markets, broke ground on a new 170,000 square foot facility in Winston-Salem on September 22nd. The new facility, an extension of Salem Business Park, will be located at 572 Cassell Street and will serve as the primary manufacturing site for… Read More »

ProKidney Expands Headquarters and Manufacturing in Forsyth County

ProKidney, a biotech company focused on treating chronic kidney disease (CKD), has announced that it will expand its headquarters in Winston-Salem. ProKidney will expand its footprint of manufacturing, office, and lab space in facilities on Westpoint Drive and Empire Drive. The expansion will generate $21 million in capital investment and 50 new jobs by 2027. … Read More »

WSPR Fund Invests in STEMZ

 The Winston-Salem Partners Roundtable, an angel investment fund that offers capital to early-stage growing companies in Winston-Salem and Forsyth County, has made an investment in the local startup STEMZ. STEMZ is a logistics & tech-focused company working to build consistent and convenient distribution systems for US-grown flowers. The company works to streamline the process of… Read More »

Wake Forest University Announces Vision for Deacon Boulevard Redevelopment

Wake Forest University will explore redeveloping University-owned property, east of the Reynolda Campus adjacent to Allegacy Stadium, Couch Ballpark, and the Lawrence Joel Veterans Memorial Coliseum. The University selected Atlanta-based Carter with Winston-Salem-based Front Street Capital to collaborate on possibilities in the area. Wake Forest and Carter/Front Street are collaborating with the City of Winston-Salem to develop… Read More »

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