Blackstone is a private equity firm with large presence in the Triangle. The Blackstone Entrepreneurs Network launched in 2011 as a collaborative effort bringing together Triangle universities and the Council for Entrepreneurial Development to support, launch and mentor new startups in the region.
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After six years, 250 local companies mentored and more than $430 million in capital raised by these companies, a partnership between Carolina, three other Triangle universities and the Blackstone Charitable Foundation paused for a celebration on Friday.
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The journey of Bivarus from idea to commercially-successful solution was supported by Innovate Carolina, a comprehensive network of programs to help UNC-Chapel Hill faculty, students and alumni turn their ideas into market-ready innovations. Here’s the backstory.
Read MoreBlackstone Entrepreneurs Network announces new collaborations, talks big picture
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