Venture Capital & Private Equity - Winston-Salem, North Carolina, United States
The Challenge is made possible by Flywheel New Ventures 2017, LLC (Sponsor), which is a membership based investment organization of local entrepreneurs in the Triad Region of North Carolina. All members are active investors who select the competition winners and make subsequent investments.The funds raised by this organization are for the purpose of funding the New Ventures Challenge, the Flywheel New Ventures Accelerator, and for investing in selected startups. All investment decisions are made by majority vote and rely heavily on milestone achievement by the selected teams during and after the accelerator session.