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Economic Development

NC Economic Developers Statewide to Convene on 5 Building Blocks of Rural Prosperity

by North Carolina Economic Development Partnership on June 29, 2018

The Economic Development Partnership of North Carolina (EDPNC) has invited local economic developers from every county in the state to an event examining five building blocks necessary for rural communities to capitalize on the state’s economic momentum.

“Energizing Rural North Carolina: The Building Blocks of Successful Economic Development,” to be held July 12-13 at The Carolina Hotel in Pinehurst, will explore how infrastructure, workforce, education, health and leadership shape economic outcomes in rural communities.

The goals of this first-time event for the EDPNC, which works on the state’s behalf to recruit new companies to North Carolina and support the growth of existing industry, include raising awareness of the building blocks, sharing case studies and best practices, and leaving participants inspired to pursue and collaborate on actionable economic development strategies within their own rural communities.

“We’re emphasizing ways we can we help move the needle in small towns and rural communities, whether they’re in the farthest corners of the state or near major metro areas,” said Mike Hawkins, head of the EDPNC Board of Directors’ rural working group. “It’s important to understand why rural communities, each with their own assets and challenges, need to have some combination of these five building blocks in place before they can have meaningful job creation.”

North Carolina Gov. Roy Cooper is scheduled to speak at the event, which the EDPNC is presenting in partnership with the North Carolina Department of Commerce, the NC Rural Center, the Golden LEAF Foundation, the Institute for Emerging Issues at North Carolina State University and the North Carolina Economic Development Association.

The EDPNC board’s rural working group, which is coordinating the event, formed soon after Cooper appointed Frank E. Emory Jr. chairman of the board in May 2017. Emory charged the group with finding new ways the board and the EDPNC could support rural economic development ‒ beyond the work already being done by EDPNC’s statewide and regional staff.

“I spent my formative years in Wilson County and my parents are from Johnston and Edgecombe counties,” said Emory, a partner at Hunton Andrews Kurth law firm in Charlotte. “So one of the things I’m very interested in is helping make it so that people don’t have to leave the state’s small towns and rural areas for opportunity.”

“I see the EDPNC’s role in this event as a convener,” Emory added, “bringing rural stakeholders together to look at these five building blocks through a lens focused sharply on their impact on economic development.”

The event will examine how infrastructure, workforce support, education, health outcomes and leadership can contribute to long-term economic development results including employment growth, new business establishments, higher household income and greater economic output.

Local economic developers from all 100 North Carolina counties, including the 80 defined as rural by the NC Rural Center, have been invited, with each asked to bring up to three guests who are local influencers who can effect change in their communities. Invitees with any questions should email Kelly Dawson, EDPNC events manager, at kelly.dawson@edpnc.com or call her at 919-447-7789.

Participants will hear from subject-matter experts and local leaders who have had success within each of the five building blocks, then break out into roundtable discussions about assets, needs and possible strategies within their own rural communities.

The focus on the five building blocks evolved from Hawkins’ firsthand experience as a Transylvania County commissioner over the past 14 years. “I’ve spent a good part of my adult life dealing with these issues in rural communities,” Hawkins said.

Hawkins and the six other board members in the rural working group sought feedback from event partners on the choice of building blocks. EDPNC research staff reviewed literature and studies, concluding that when aligned with a rural community’s existing assets, the building blocks can promote economic development. After considering a number of possible event locations, the group chose Moore County because of its rural roots and central location encouraging participation from across the state.

Topics: Economic Development
Economic Development, North Carolina

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