NC IDEA
Elevating Black Entrepreneurship By Sonja Whitemon
T
hree Charlotte startup companies were selected to receive grants from NC IDEA, a private foundation committed to supporting entrepreneurial ambition and economic empowerment in North Carolina. The foundation awarded $75,000 grants to seven companies in North Carolina. The recipients of the awards were all companies founded by Black entrepreneurs.
Desmond Wiggan, co-founder of BatteryXchange
Aubrey Yeboah, co-founder of BatteryXchange
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Desmond Wiggan and Aubrey Yeboah began working on their plans for BatteryXchange in 2018. While studying abroad in China, the two Charlotte MBAs found themselves stranded with no way to call the school, home or even a rideshare when their cell phone batteries died. BatteryXchange was born out of the anxiety of this experience. The company provides a new charging option for people on the go. The mobile application allows for quick access to batteries through an easy rental process that frees users from being dependent on wall outlets. The batteries are offered in downloadable form, through a portable device and through kiosks located in businesses around a city, and can be used any time and any place. The batteries are compatible with all Android and iOS devices, and can bring devices from 10 percent to 75 percent charged in less than 30 minutes. Wiggan’s connections in manufacturing helped them navigate their start. He spent two years immersing himself in the manufacturing world in China. Since 2018, the pair has been laying the foundation for the company, building and developing their products. They launched the company in 2021 and now have 20 operating kiosks and counting —14 in businesses in Charlotte and 6 in Winston Salem. The company is expanding into event venues now that entertainment events are restarting with a new partnership with the Charlotte Convention Center. “There were 40,000 people in town this weekend for T.D. Jakes,” said Wiggan. “We have seen more
Photos courtesy of BatteryXchange
BatteryXchange
The BatteryXchange Live Life Charged! battery for cell phone charging on the go
users at the convention center in the last few days than we see in smaller locations for weeks. People are using it.” In addition to event venues, the company is focusing on health care systems with a new partnership with Atrium Health. They are currently in Atrium Mercy and are working on the next three Atrium locations. “With the eco-system that we are trying to create, we have to have anchor locations,” Wiggin explained. Hospital systems and the small businesses around them can make up that ecosystem where the batteries can be picked up at one location and conveniently dropped off at another. The funding from NC IDEA will help BatteryXchange continue to build its products and expand into new locations, such as Atrium Health. “We were able to place our largest order yet,” said Wiggin. The funding also allowed them to build new software features into their products. The company plans to expand throughout Charlotte, the country and ultimately, globally.
