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	<title>Blogads for opinion makers &#187; rtp</title>
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		<title>Local startups thriving underground</title>
		<link>http://web.blogads.com/blog/2011/06/10/local-startups-thriving-underground/</link>
		<comments>http://web.blogads.com/blog/2011/06/10/local-startups-thriving-underground/#comments</comments>
		<pubDate>Fri, 10 Jun 2011 16:58:55 +0000</pubDate>
		<dc:creator><![CDATA[Nick Faber]]></dc:creator>
				<category><![CDATA[Bull City]]></category>
		<category><![CDATA[Local news and events]]></category>
		<category><![CDATA[nc]]></category>
		<category><![CDATA[raleigh-durham]]></category>
		<category><![CDATA[research triangle]]></category>
		<category><![CDATA[rtp]]></category>
		<category><![CDATA[startups]]></category>

		<guid isPermaLink="false">http://blog.web.blogads.com/?p=4048</guid>
		<description><![CDATA[Durham, NC is a short drive from our office. In this region known as the Triangle, Durham and Chapel Hill/Carrboro are the two closest points in distance and often in culture. The same entrepreneurial fertility that brought Blogads to Carrboro six years ago has now spread to Durham in a big way. Workspace is bountiful and [&#8230;]]]></description>
				<content:encoded><![CDATA[<p><a rel="attachment wp-att-4049" href="http://blog.web.blogads.com/2011/06/10/local-startups-thriving-underground/underground/"><img class="aligncenter size-full wp-image-4049" title="underground" src="http://blog.web.blogads.com/wp-content/uploads/2011/06/underground.png" alt="" width="600" height="171" /></a><br />
Durham, NC is a short drive from our office. In this region known as the <a href="http://en.wikipedia.org/wiki/Research_Triangle">Triangle</a>, Durham and Chapel Hill/Carrboro are the two closest points in distance and often in culture. The same entrepreneurial fertility that brought Blogads to Carrboro six years ago has now spread to Durham in a big way.</p>
<p>Workspace is bountiful and cheap in downtown <a href="http://www.durhamnc.gov/about/">&#8220;Bull City.&#8221;</a> Brick warehouses from the city&#8217;s tobacco days have been converted to modern lofts and offices, and in the case of the <a href="http://www.americanunderground.com/">American Underground</a>, a windowless bunker of technological innovation.</p>
<p><span id="more-4048"></span><img title="More..." src="http://weblog.blogads.com/wp-includes/js/tinymce/plugins/wordpress/img/trans.gif" alt="" /></p>
<p>In a hacker news forum, <a href="http://twitter.com/kacyf">Kacy Fortner</a> of Underground tenant <a href="adzerk.com">Adzerk</a> referred to American Underground a <a href="http://news.ycombinator.com/user?id=kacy">&#8220;fraternity for geeks.&#8221;</a></p>
<blockquote><p>You get to know other companies and their employees a lot more than a traditional office park. Every office has a huge glass wall that faces the hallway, so you get to see the same people every day as they pass by your office.</p></blockquote>
<p>Ad server <a href="http://adzerk.com/">Adzerk</a> is just one of the startups making huge strides underground. As founder <a href="http://twitter.com/#!/averyj">James Avery</a> explained in his <a href="http://team.adzerk.com/post/6354206244/the-benefits-of-working-underground-in-durham">post about the American Underground,</a> the conveniently located office of the <a href="http://www.cednc.org/" target="_blank">Council for Entrepenueral Development (CED)</a> is a huge advantage of the space:</p>
<blockquote><p>We have met Angel investors in the halls that we would have had to fight for an introduction to otherwise &#8211; we have chatted with venture capitalists in the elevator which has led to renewing talks that had otherwise cooled.</p></blockquote>
<p>The original Underground tenant was <a href="http://www.launchboxdigital.com/">LaunchBox Digital</a>, an incubator program that helped launch several startups through its <a href="http://www.launchboxdigital.com/?page_id=2">accelerator program</a>. While LaunchBox&#8217;s future is unclear, there&#8217;s another incubator program in Durham, <a href="http://bullcityforward.org/">Bull City Forward</a>, which likens itself to nearby <a href="http://en.wikipedia.org/wiki/Research_Triangle_Park">RTP</a> 50 years ago:</p>
<blockquote><p>Much like Research Triangle Park half-a-century before, Durham’s Bull City Forward is studied as a global model of economic and community development and the city is recognized as a global leader of social innovation and entrepreneurship.</p></blockquote>
<p><strong>More Startup Action in Durham</strong></p>
<p>The <a href="http://www.startupstampede.com/">Bull City Startup Stampede</a> just wrapped up its 60-day initiative to give a dozen small businesses a chance to launch in downtown Durham for free. Now, <a href="http://www.bizjournals.com/triangle/blog/2011/05/four-to-move-from-startup-stampede-to.html">four of the Stampeders</a> have headed down to Bull City Forward for another two months of free space.</p>
<p>Last weekend, 190 entrepreneurs formed 18 teams and spent 54 grueling hours innovating for <a href="http://triangle.startupweekend.org/">Triangle Startup Weekend</a> in Durham&#8217;s American Tobacco Campus. Triangle Business Journal has an <a href="http://www.bizjournals.com/triangle/blog/2011/06/startup-weekend-a-rousing-success.html">excellent wrap-up</a> of the event, which included pitches from <a href="http://www.blackweb20.com/2011/06/10/two-11-year-old-entrepreneurs-learned-the-hard-way-what-it%E2%80%99s-like-to-be-a-minority-in-tech-during-startup-weekend/">two local 11-year-old entrepreneurs</a>.</p>
<p>As we know, the Triangle start-up scene isn&#8217;t limited to Durham and the American Underground. A site called Dowtown Durham Startups put together <a href="http://www.downtowndurhamstartups.com/content/startup+directory/8880">this directory</a> of local startups, including Triangle companies innovating outside of Durham.</p>
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