The rebranded Center (previously Council) of Entrepreneurial Development (CED) celebrated its 40th birthday last night at the Koka Booth Amphitheater in Cary.
Known primarily for their professional, entrepreneurial programs such as the GRO Incubator and Venture Connect, CED marked the milestone by giving the community a chance to wind down and network casually, partake in good concessions and dance to live ’70s/’80s cover band Yacht Rock Schooner.

But beyond celebrating their 40-year history, some team members of CED, including CEO Kelly Rowell, emphasized that this event was more about celebrating the community that has continually supported the organization and vice versa.
“Yes, CED is turning 40, but the entire community is turning 40, and I think that’s what this is about,” Rowell said. “It’s not about how we can make CED better. It’s about how we can make our community better together.”
Before the real party started around 4pm, CED hosted an invite-only “Founders Stories” program, where serial Triangle founders like Bill Spruill and Karl Rectanus shared their inspiring journeys and unique insights in an intimate setting. Many among the crowd, including previous COO of Corevist and now executive CED board member Susan Wall, felt that this program reminded them what CED was here for—and why they were here for CED.
“[Bill Spruill’s personal story] was very emotional and compelling of how he had a community his entire life that supported him and brought him to where he was today, and why he thinks it’s so important to give back,” Wall said.
“That’s why I’m here with CED, because I want to give back to so many people who have helped me… and I want to help others too, because it’s not easy. It’s hard work, and sometimes you feel very alone, so to have this community there that’s supporting you to success is really important.”
And founders who attended and/or have been supported by CED are continuing to feel that community impact. DeShawn Brown—long time entrepreneur and current Founder/CEO of Coworks and Lithios App—said that as someone who has witnessed the successful journeys of those like Bill Spruill and Carl Ryden from the beginning, it’s exciting to think of how CED has factored in.
“These are my peers that are saying, ‘we wouldn’t be here without CED,’ and it’s the same with me with my first company,” Brown said. “It’s cool to see the continued investment from people who have been successful back into CED to help the next generation.”
We’ve heard that 40 is the new 20, so with a new age comes new changes. CED is currently in the process of its own rebrand to bring about more ways to help support this new generation of startups in this budding ecosystem.
Here are a few shots from the crowd and party last night. It was incredible to run into so many FOGs (friends-of-GrepBeat) and to meet so many NFOGs (new-friends-of-GrepBeat).





