The Cape Fear Capital Connection on MyTalker Radio. WMYT fm Monday, September 8, 2014 Curtis Wright and Thomas Vass Discuss: Analysis of the Strategy for The Cape Fear Region Given by Professor Ted Zoller’s of the University of North Carolina at Chapel Hill. Coastal Connect Entrepreneur and Capital Conference

Ted Zoller, Director of the Center for Entrepreneurial Studies, UNC-CH Presentation in Wilmington, on September 4, New businesses create more than one third of all U.S. jobs. Their growth is often determined by whether they can raise capital. Communities that can identify the sources of venture capital have greater economic potential.

Analysis of Zoller’s Ideas: New ventures create about as many jobs as they destroy in the first 3 years. The emphasis on angels and venture capital is misplaced. They fund 1 out of 10 companies, and represent less than 1% of all Reg D investments.

A Better Model of Regional Innovation For The Cape Fear Economy Generation 1 Deal Mapping for Ideas Deal Creation Deal funding Deal Exits Profit Re-investment in Regional Companies Generation 2 Deal Mapping Deal Creation Deal funding Deal Exits

Commentary Focus on the entire capital market, not just on venture capital. Focus on established companies in Cape Fear’s technology clusters, not new ventures. Focus on technological commercialization of products. Limit government and non-profit agencies to functions that support technology companies.