New Entrepreneurs Group in NC Triad Area

The Piedmont Entrepreneurs Network and the Triad Entrepreneurial Initiative announced yesterday that they will combine some of their programs in a new economic-development group and will eventually phase out the individual organizations.

The new network, called the Piedmont Triad Entrepreneurial Network, will include entrepreneurial services available from PEN and TEI. Officials declined to call the network a merger of the two groups, however.

Action Greensboro, the Winston-Salem Alliance and High Point Partners are financing the network, which will have an estimated annual budget of $650,000, officials said.

More here.