NACCE Chooses North Carolina for New National Headquarters

NACCE, the nation’s leading organization focused on promoting entrepreneurship through

community colleges, has announced it is opening its headquarters to Cary, North Carolina.

Springfield, MA, November 20, 2019 --(PR.com)-- The National Association for Community College
Entrepreneurship (NACCE), the nation's leading organization focused on promoting entrepreneurship
through community colleges, has announced it is opening its headquarters to Cary, North Carolina. The
headquarters will house NACCE's leadership team and new hires and will feature a training location for
national and regional summits. NACCE will retain a satellite office in Springfield, Massachusetts where
the organization was founded at Springfield Technical Community College in 2002.

The new NC headquarters, which will formally open in February 2020 during National Entrepreneurship
Week, will be located at Wake Tech's Western Wake Campus in Cary. The college has its Small Business
Center and apprenticeship and entrepreneurship programs at the campus. Recognized in the region for its
leadership in entrepreneurship and innovation, Wake Tech is North Carolina's largest community college;
it has six campuses, two career academies, two educational centers, several community-learning sites, and
the BioNetwork Capstone Center.

Robust Entrepreneurial Ecosystems

“We selected the Triangle area and North Carolina for our new corporate headquarters because of its
robust entrepreneurial ecosystems and the growing number of community college and Historically Black
Colleges and Universities (HBCUs) members NACCE has in the state,” said Rebecca Corbin, Ed.D.,
NACCE president and CEO. “We look forward to serving NACCE's growing network of 330+ colleges
and universities by collaborating with a host of industry, foundation, and association partners throughout
North Carolina. From 2017 to 2019, NACCE re-granted over $2.5 million to our member colleges,
serving as an incubator of innovation. In 2020, we hope to expand this work of creating opportunities for
students and communities through entrepreneurship even further.”

Wake Tech Leadership

“At Wake Tech, we believe in entrepreneurship - and in partnership,” said Wake Tech President Scott
Ralls, Ph.D. “So we're doubly excited to welcome NACCE to Wake County and our Western Wake
Campus. We know our students and our community will benefit from the many opportunities this new
connection will bring.”

Wake Tech was named NACCE's 2018 Presidents for Entrepreneurship Pledge Award Winner. The
award acknowledges outstanding leadership by a community college president to stimulate economic
growth and job creation in local communities through entrepreneurship. In October, the college's
entrepreneurship team won a $10,000 prize in the Ratcliffe Foundation Pitch for the Trades Competition
held at NACCE's Annual Conference. The competition supports entrepreneurs in skilled trades.

NACCE made the announcement during the NC IDEA summit, ”Redefining Economic Development
Through Entrepreneurship,” which took place November 18 & 19 in Raleigh. Held in conjunction with

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the Governor's Entrepreneurial Council, NC IDEA hosted the inaugural entrepreneurial ecosystem
summit with the goal of catalyzing entrepreneurship as an economic development strategy for the state of
North Carolina. The NC IDEA Foundation, a private foundation dedicated to maximizing the economic
potential of the people of North Carolina, is a strategic partner of NACCE's.

About NACCE
NACCE is an organization of educators, administrators, presidents, and entrepreneurs focused on igniting
entrepreneurship in their community and on their campuses. Since its inception, it has become one of the
largest entrepreneurial ecosystems in the United States. NACCE has two main goals: to empower the
college to approach the business of running a community college with an entrepreneurial mindset; and to
grow the community college's role in supporting job creation and entrepreneurs in their local ecosystem.
The association represents 330+ community and technical colleges and 2,000 faculty, staff, administrators
and presidents who serve more than 3.3 million students. Visit: www.nacce.com.

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Contact Information:
National Association for Community College Entrepreneurship
Carol Savage
978-857-1473
Contact via Email
www.nacce.com

Online Version of Press Release:

You can read the online version of this press release at: https://www.pr.com/press-release/799858

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