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What can Cities do to Support Entrepreneurs and Small Businesses?

July 3, 2012

It is widely recognized that small firms with growth potential can be significant job creators in a local economy.  Yet, the role of local governments in supporting entrepreneurs and small businesses is not always clear.  Small firms, particularly those with a high growth trajectory, have a variety … Continued

What Works in Business Incubation? Part II

January 3, 2012

Jonathan Morgan is a School of Government faculty member. This is a continuation of the blog post from December 6, 2011, which examined some of the elements of successful business incubation strategies. As discussed in the previous post, there are some common practices and characteristics that tend … Continued

What Works in Business Incubation?

December 6, 2011

Jonathan Morgan is a School of Government faculty member. This is the first in a series of blog posts focused on the topic of “What Works in Economic Development.”[1] Upcoming posts will discuss the latest information regarding what we know about the effectiveness of various economic development str … Continued

Financial Innovation at Work: North Carolina Capital Access Program

April 26, 2011

Jeff Hughes is Director of the UNC Environmental Finance Center and a School of Government faculty member. The corporation that owns the business at the end of Main Street has decided to close the business down rather than reinvest in needed new equipment. The corporation is willing to sell the busi … Continued

Individual Development Accounts: Another Tool in the Community-Development Toolkit

October 28, 2010

Suzanne Julian is UNC-Chapel Hill graduate student pursuing a master’s degree in Public Administration. She is currently working with the STEP leadership team in Pamlico County as part of the Carolina Economic Revitalization Corps program. What’s the connection between community development and econ … Continued

Which Types of Businesses Drive Job Creation?

October 19, 2010

Jonathan Morgan is a School of Government faculty member. A widely cited statistic that is generally accepted at face value is that anywhere from 60 to 80 percent of new jobs are created by small and/or existing firms.  What is the basis for this information?  Is this a well-established fact or mere … Continued

Local Purchasing Preferences as an Economic Development Strategy

March 4, 2010

Jonathan Morgan is a School of Government faculty member. On February 17, 2010 Governor Beverly Perdue signed Executive Order No. 50 that will give North Carolina-based businesses an opportunity to match the lowest bid on state contracts for the purchase of goods.  The order authorizes the Secretary … Continued

Supporting rural & low-wealth entrepreneurs

February 17, 2010

Lisa Stifler is a Research Associate with the Community & Economic Development Program. For many rural communities, economic development efforts over the past couple of decades have often been focused on attracting and recruiting industries and big employers to their towns, counties, or regions. … Continued