Trending...
- David Boland, Inc. Awarded $54.3M Construction Contract by U.S. Army Corps of Engineers, Savannah District
- Scoop Social Co. Partners with Air Canada to Celebrate New Direct Flights to Milan with Custom Italian Piaggio Ape Gelato Carts
- International Law Group Expands Emergency Immigration Consultations for Somali Minnesotans Amid ICE Actions
Well Dot, Inc., (Well) a fast-growing healthcare technology company will locate a new operations center in Chapel Hill, creating 400 jobs, Governor Roy Cooper announced today. The company will invest $3 million in Orange County.
"Healthcare and information technology are areas where North Carolina excels, because of our strong workforce and the continued pipeline of workers from universities and colleges all over the state," said Governor Cooper. "Companies like Well see our achievements as a strong reason to choose places like Chapel Hill to pursue their plans for success."
Well provides a consumer engagement platform that helps individuals navigate and improve their health. Well's concierge health team and digital experiences provide on-demand support to members for their health needs, while proactively surfacing personalized health insights. Well's new operations center will serve as the primary center for the company's clinical and health experts, and will also house software developers, data analysts, and corporate personnel.
"North Carolina has proven to be a fertile market to attract top talent across our range of requirements, from development to clinical to customer service," said Gary Loveman, Founding Chairman and Chief Executive. "Our leadership team has close ties to Chapel Hill and we are thrilled to make our home here."
More on ncarol.com
"Innovative companies are attracted to North Carolina because our state offers the right ingredients for success," said North Carolina Commerce Secretary Anthony M. Copeland. "As a major hub for information technology and some of the leading research centers in medicine, the Research Triangle region offers the perfect place for Well's next phase of growth."
The North Carolina Department of Commerce led the state's support for the company during its site evaluation and decision-making process.
Although wages will vary depending on position, the average salary for all the positions will reach $63,020. The Orange County average wage is $46,112.
Well's project in North Carolina will be facilitated, in part, by a Job Development Investment Grant (JDIG) approved by the state's Economic Investment Committee earlier today. Over the course of the 12-year term of this grant, the project is estimated to grow the state's economy by $609 million. Using a formula that takes into account the new tax revenues generated by the new jobs, the JDIG agreement authorizes the potential reimbursement to the company of up to $3,394,500 spread over 12 years. State payments only occur following performance verification by the departments of Commerce and Revenue that the company has met its incremental job creation and investment targets. JDIG projects result in positive net tax revenue to the state treasury, even after taking into consideration the grant's reimbursement payments to a given company.
More on ncarol.com
Because Well chose to expand in Orange County, classified by the state's economic tier system as Tier 3, the company's JDIG agreement also calls for moving as much as $1.1 million into the state's Industrial Development Fund – Utility Account. The Utility Account helps rural communities finance necessary infrastructure upgrades to attract future business. Even when new jobs are created in a Tier 3 county such as Orange, the new tax revenue generated through JDIG grants helps more economically challenged communities elsewhere in the state. More information on the state's economic tier designations is available here.
"The people of Chapel Hill and Orange County look forward to supporting Well's leaders and new employees as they grow their company in our community," said N.C. Senator Valerie Foushee. "We welcome these new jobs to our region."
"It's exciting to see this new operations center locate in Chapel Hill," said N.C. Representative Verla Insko. "Many people at both the state and local level worked hard to attract this project. I look forward to working with and supporting this company for many years to come."
Partnering with the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina on this project were the North Carolina Community College System, Orange County, the Town of Chapel Hill, Orange County Economic Development, and Chapel Hill Economic Development.
"Healthcare and information technology are areas where North Carolina excels, because of our strong workforce and the continued pipeline of workers from universities and colleges all over the state," said Governor Cooper. "Companies like Well see our achievements as a strong reason to choose places like Chapel Hill to pursue their plans for success."
Well provides a consumer engagement platform that helps individuals navigate and improve their health. Well's concierge health team and digital experiences provide on-demand support to members for their health needs, while proactively surfacing personalized health insights. Well's new operations center will serve as the primary center for the company's clinical and health experts, and will also house software developers, data analysts, and corporate personnel.
"North Carolina has proven to be a fertile market to attract top talent across our range of requirements, from development to clinical to customer service," said Gary Loveman, Founding Chairman and Chief Executive. "Our leadership team has close ties to Chapel Hill and we are thrilled to make our home here."
More on ncarol.com
- Premium Bail Bonds Proudly Sponsors BOFAB BBQ Team at the 2026 Lakeland Pigfest
- UK Financial Ltd Receives Recognition In Platinum Crypto Academy's "Cryptonaire Weekly"
- P-Wave Press Announces Pushing the Wave 2024 by L.A. Davenport
- Preston Dermatology & Skin Surgery Center Wins Gold and Bronze in Prestigious Annual DIAMOND Awards
- David Boland, Inc. Awarded $54.3M Construction Contract by U.S. Army Corps of Engineers, Savannah District
"Innovative companies are attracted to North Carolina because our state offers the right ingredients for success," said North Carolina Commerce Secretary Anthony M. Copeland. "As a major hub for information technology and some of the leading research centers in medicine, the Research Triangle region offers the perfect place for Well's next phase of growth."
The North Carolina Department of Commerce led the state's support for the company during its site evaluation and decision-making process.
Although wages will vary depending on position, the average salary for all the positions will reach $63,020. The Orange County average wage is $46,112.
Well's project in North Carolina will be facilitated, in part, by a Job Development Investment Grant (JDIG) approved by the state's Economic Investment Committee earlier today. Over the course of the 12-year term of this grant, the project is estimated to grow the state's economy by $609 million. Using a formula that takes into account the new tax revenues generated by the new jobs, the JDIG agreement authorizes the potential reimbursement to the company of up to $3,394,500 spread over 12 years. State payments only occur following performance verification by the departments of Commerce and Revenue that the company has met its incremental job creation and investment targets. JDIG projects result in positive net tax revenue to the state treasury, even after taking into consideration the grant's reimbursement payments to a given company.
More on ncarol.com
- "Phinge Unveil™" Coming to Las Vegas to Showcase Netverse Patented Verified App-less Platform, AI & Modular Hardware Including Developer Conferences
- Elizabeth McLaughlin, Founder and CEO of Red Wagon Group, named 2026 Presidential Leadership Scholar
- U.S. Congressional Candidate Peter Coe Verbica on America's Asymmetric Crisis
- Jones Sign Rebrands as Jones to Reflect Growth, Innovation, and Expanded Capabilities
- Helping high-functioning women reduce mental load by redesigning broken life systems
Because Well chose to expand in Orange County, classified by the state's economic tier system as Tier 3, the company's JDIG agreement also calls for moving as much as $1.1 million into the state's Industrial Development Fund – Utility Account. The Utility Account helps rural communities finance necessary infrastructure upgrades to attract future business. Even when new jobs are created in a Tier 3 county such as Orange, the new tax revenue generated through JDIG grants helps more economically challenged communities elsewhere in the state. More information on the state's economic tier designations is available here.
"The people of Chapel Hill and Orange County look forward to supporting Well's leaders and new employees as they grow their company in our community," said N.C. Senator Valerie Foushee. "We welcome these new jobs to our region."
"It's exciting to see this new operations center locate in Chapel Hill," said N.C. Representative Verla Insko. "Many people at both the state and local level worked hard to attract this project. I look forward to working with and supporting this company for many years to come."
Partnering with the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina on this project were the North Carolina Community College System, Orange County, the Town of Chapel Hill, Orange County Economic Development, and Chapel Hill Economic Development.
0 Comments
Latest on ncarol.com
- Yunishigawa Onsen's Annual "Kamakura Festival" will be held January 30 – March 1, 2026
- At Your Service Plumbing Named a 2025 Nextdoor Neighborhood Fave
- Custom Home Builder Connecticut Valley Homes Wins 2025 Home of the Year from the Modular Home Builders Association
- Scoop Social Co. Partners with Air Canada to Celebrate New Direct Flights to Milan with Custom Italian Piaggio Ape Gelato Carts
- Breakout Phase for Public Company: New Partnerships, Zero Debt, and $20 Million Growth Capital Position Company for 2026 Acceleration
- Japan's Patented "Hammock'n" Smartphone Band Targets Hand Fatigue From Long Phone Use
- Reditus Group Introduces A New Empirical Model for Early-Stage B2B Growth
- CCHR: Harvard Review Exposes Institutional Corruption in Global Mental Health
- Goatimus Launches Dynamic Context: AI Prompt Engineering Gets Smarter
- Global License Exclusive Secured for Emesyl OTC Nausea Relief, Expanding Multi-Product Growth Strategy for Caring Brands, Inc. (N A S D A Q: CABR)
- RNHA Affirms Support for President Trump as Nation Marks Historic Victory for Freedom
- American Laser Study Club Announces 2026 Kumar Patel Prize in Laser Surgery Recipients: Ann Bynum, DDS, and Boaz Man, DVM
- Lineus Medical Completes UK Registration for SafeBreak® Vascular
- Canyons & Chefs Announces Revamped Homepage
- $140 to $145 Million in 2026 Projected and Profiled in New BD Deep Research Report on its Position in $57 Billion US Marine Industry; N Y S E: OTH
- Really Cool Music Releases Its Fourth Single - "So Many Lost Years"
- MGN Logistics Acquires Fast Service LLC, Fueling MyMGN Marketplace Expansion and Supercharging Expedited Coverage Nationwide
- The Wait is Over: Salida Wine Festival Announces Triumphant 2026 Return After Seven-Year Hiatus
- Graduates With $40K in Student Debt Are Buying Businesses Instead of Taking Entry-Level Jobs