Raleigh nuturing startup businesses

One of them is Vaporware, a company co-founded by Dan Moore that develops software applications. He admits his strength was on the technical side.

“But I did not have any idea about business, financial, marketing or any of these other aspects of business,” Moore said.

That's where a strong startup community comes in to help.

“That high risk really depends on that really strong network to connect with,” Moore said.

Connecting with experienced people can make or break a new business, and Raleigh's economic developers know it.

“Our startup culture is very young,” said Derrick Minor, a manager with Raleigh’s Economic Development Office.

“By showing these clusters and showing these types of companies that are here, that will help attract other companies and talent to the market,” Minor said.

Vaporware is 3 years old, healthy and growing.

Moore gives Raleigh's startup community a lot of the credit. He said as it grows, so does the city's reputation as a good place to get started.

“With the universities, RTP and the Triangle as a whole, this hub is going to continue to grow,” he said.

Moore is hosting an event in May called {{a href="external_link2"}}Fail Fest,{{/a}} which will bring together entrepreneurs to talk about learning from their mistakes.