Blackstone Entrepreneurs Network was launched in North Carolina in 2011 with a gift from The Blackstone Charitable Foundation. The Network’s mission is to help catalyze the regional development of the Triangle’s entrepreneurial ecosystem and thereby strengthen economic development in the area.
The Network harnessed the talent of a regional pool of veteran entrepreneurs, and in 2012 created a tightly connected team of Entrepreneurs-in-Residence (EIRs) to help identify marketable innovations out of area universities and regional startups with the greatest potential to become high-growth companies.
EIRs work one-on-one and as a team to mentor local entrepreneurs and help them achieve significant business milestones, make connections to their network of experts and funders, and provide access to the broader Blackstone Entrepreneurs Network. Network portfolio companies enjoy access to sector experts, venture coaches, angel investors, and administrative and marketing support provided by Network Fellows.
The Network supports its Partners (UNC-Chapel Hill, Duke University, NC State, NC Central University, CED) and the Triangle entrepreneurial community through sponsorship and participation in regional entrepreneurship events, providing Network expertise through panels and conferences, and maximizing Network impact through strategic partnerships and community outreach.