19
| Date post: | 18-Jul-2015 |
| Category: |
Economy & Finance |
| Upload: | bdoss123 |
| View: | 449 times |
| Download: | 1 times |
www.kerrtarhub.org 2
The Challenge: An Economy in Decline
• Job losses • High unemployment • Low per capita income
www.kerrtarhub.org 3
Growth Businesses • Use new technology in new ways
• Use R&D to innovate • Invest in work force
www.kerrtarhub.org 4
The Opportunity: Growth Companies
• Spinoffs from regional growth industries, such as pharmaceuticals
• Advanced manufacturing products of all types
• Entrepreneurial companies, startups
www.kerrtarhub.org 5
Opportunity is all around us
www.kerrtarhub.org 6
Opportunity is all around us
www.kerrtarhub.org 7
Opportunity is all around us
www.kerrtarhub.org 8
Opportunity is all around us
www.kerrtarhub.org 9
Opportunity is all around us
www.kerrtarhub.org 10
Opportunity is all around us
www.kerrtarhub.org 11
Opportunity is all around us
www.kerrtarhub.org 12
KerrTar Region Assets • Reasonable land costs • Proximity to RTP, RDU and related resources
• Strategic location along I85/US 501/ US 1/US 401
• Strong community colleges that can train workers for these growth companies
www.kerrtarhub.org 13
KerrTar Hub: An “Enhanced” Technology Park
• Special facilities – Incubators or accelerators – Testing/research labs – Advanced IT capability – Shared meeting and conference space
• Specialized services – Industryspecific workforce training – Marketing/export promotion – Regulatory review/adherence – Business assistance
www.kerrtarhub.org 14
Regional approach is key • Size of the investment requires multicounty collaboration
• Pooling resources offers competitive advantage
• Greater chance for securing outside funding and support
www.kerrtarhub.org 15
High return on investment • New companies and jobs located in the Hub and existing parks
• Growth of suppliers and service providers
• Jobs for workers in all five counties
• Share in property tax revenues
www.kerrtarhub.org 16
Where we are • UNC study affirmed approach • Recruited regional representation • Agreed on Hub concept • Developed action plan • Passed law to allow cost/revenue sharing across county lines
www.kerrtarhub.org 17
Where we’re going • Detailed planning
– Site selection – Ownership and management agreements – Facilities design – Sales and marketing
• Fundraising – Pursuing state, federal, foundation grants – Local matching funds will be needed
www.kerrtarhub.org 18
How you can help • Stay informed: www.kerrtarhub.org • Share your ideas and contacts • Let local officials know you support this investment
www.kerrtarhub.org 19
What do you think?
