September 2016 NCGrowth NewsletterPeople, Business, Community.
@NCGrowth www.ncgrowth.unc.eduncgrowth@unc.edu
NCGrowth Hosts Networking Lunch & Tour at Cape Fear Vineyard & Winery
NCGrowth hosted a networking lunch and tour of Cape Fear Vineyard & Winery on August 11th in Elizabethtown. Business and local government clients, community resource providers, state government representatives and NCGrowth Analysts hired from UNC-Pembroke, Duke, NC State, NC Central and UNC-Chapel Hill attended.
READ MORE

NCGrowth Hires Ten Analysts from Four NC Universities
The Frank Hawkins Kenan Institute of NCGrowth welcomed a new group of ten Analysts this summer from UNC-Pembroke, North Carolina State University, Duke University, and North Carolina Central University. Analysts are graduate students hired for their previous experience and skills they can bring to bear on economic development projects with local government or technical assistance to growing businesses in North Carolina. Their work experience and interests range but they all share a passion for sustainable economic development and entrepreneurship.
READ MORE

UNC-Pembroke Works with NCGrowth to Catalyze Regional Economic Development
UNC-Pembroke’s administration is working to enhance the school’s sustainability practices and increase its involvement with the local community. In coordination with the Chancellor’s office, the acting dean of the UNCP Business School, Dr. William Stewart Thomas, engaged NCGrowth to research and recommend possible avenues for UNCP to use its resources to deepen their engagement with the local economy. Analysts Meredith Bunnel and Brandi Bullock worked on the project.
READ MORE

P&A Industrial Fabrications Improves Plant Efficiencies with Help from NCGrowth
P & A Industrial Fabrications, located in Roxboro, NC, manufacturers premium woven fabrics, primarily paint roller fabric. NCGrowth analyst Anirudh Shenoy, a master’s student in Industrial Engineering at NCSU, worked with P & A to help streamline their plant processes.
READ MORE



Enhanced-Push to Talk (E-PTT) Launches this Fall
NCGrowth worked on the launch of a new business, Enhanced-Push to Talk over the summer. E-PTT offers clients the opportunity to significantly elevate their mobility services. NCCU MBA candidate, Patrick Mosley worked on the project in a variety of capacities
READ MORE

NCGrowth Assists the Coharie Tribe’s River Restoration Efforts
NCGrowth is working with the Coharie Tribe in Sampson and Harnett counties to help formalize their existing river restoration work into a business. In recent years the Coharie Intra-Tribal Council (CITC) has taken responsibility for environmental restoration work along the Coharie River which runs through Sampson County. River restoration is a priority for the Tribe as the river is valued as a place for Tribal members to connect with their history and heal from historic trauma, as well as for recreation and tourism.
READ MORE

Epoch Rain Barrels and NCGrowth Examine Business Growth Barrier
Epoch Rain Barrels (ERB) is a company dedicated to collecting and conserving rainwater to nourish sustainable gardens and help make our world a better place. Epoch is an environmentally-friendly, ethically and socially conscious company providing products that support a more “People-Friendly, Earth-Friendly” lifestyle. Specifically, ERB manufactures upcycled rain barrels, available in two sizes and styles, by repurposing high-quality food-grade container drums, previously destined for the landfill. NCGrowth analyst Madison Gilbert researched shipping and distribution options for the business.
READ MORE

Folding Boat Co. Conducts Targeted Focus Groups with NCGrowth
The Folding Boat Company manufactures a folding skin-on-frame boat that comes in a backpack. It weighs just 21 pounds and takes less than 5 minutes to assemble. NCGrowth analyst Casey Strange helped the business implement a survey of potential customers and held focus groups for a targeted audience.
READ MORE

The Bath Place to Launch a Crowdfunding Campaign
The Bath Place in Rocky Mount is a family-owned small business founded by Kimberly Thigpen. They manufacture handcrafted, spa quality natural bath and body products using natural and organic ingredients. Products are sold in their downtown Rocky Mount retail shop, Wholefoods, farmers’ markets, and online. NCGrowth worked with The Bath Place to address business issues preventing future growth for the company. Analyst Brittney Henry made recommendations for a crowdfunding campaign to finance expansion into a larger manufacturing space, researched city partnership opportunities, and assisted with research on potential real estate acquisitions in downtown Rocky Mount.
READ MORE

Taylor Fish Farm Examines Distribution Options Through NCGrowth
Taylor Fish Farm (TFF) is a sustainable tilapia farm owned by siblings Valee Taylor and Renee Stewart in Cedar Grove, NC. By using a recirculating aquaculture system, TFF is able to provide clean, healthy and great tasting tilapia to its customers. Their state-of-the art facility is located in Cedar Grove, North Carolina and is one of the few sustainable aquaculture operations in the United States. NCGrowth analyst Madison Gilbert assisted TFF with research and outreach to potential distributors and clients.
READ MORE

NCGrowth Supports Edgecombe County’s Teen Entrepreneurial Summer Camp
NCGrowth partnered with the NC Cooperative Extension Service in Edgecombe County for a second year to host a two- week entrepreneur boot camp for teens in the Nash and Edgecombe area. This camp introduces teens to entrepreneurship and small businesses as well as educates them on financing options, business plans and business pitches. Campers are introduced to local small business resources in their community. Undergraduate NCGrowth Analyst Fabiola Doissaint assisted with the camp this year. Fabiola is a junior studying finance at NCCU. NCGrowth analysts Madison Gilbert, Patrick Mosley, and Brittney Henry also provided support and hands on instruction during the week.
READ MORE

NCGrowth Partners with Tide Tamer as They Grow Their Business
Tide Tamer, located in Snow Hill in Greene County NC, builds marine lifts for personal watercraft as well as a line of cargo lifts and elevators for raised coastal homes. Art Jackson, Economic Developer for Greene County, introduced NCGrowth to this growing business. NCGrowth analyst Zach Williams is helping Tide Tamer with a startup costs analysis and new business plan.
READ MORE

Locklear, Locklear & Jacobs and NCGrowth Kickoff Business Development Project
Locklear, Locklear & Jacobs in Pembroke, NC provides a broad spectrum of environmental and construction engineering services to public and private sector clients. NCGrowth is making recommendations for project management tools as well as analyzing their financials. Abraham Saldana, a MBA student at Duke University is working with LL&J on a new project management system as well as a business plan to help them grow their business.
READ MORE

NCGrowth Completes Roanoke River Partners Ecotourism Impact and Opportunity Study
NCGrowth, in partnership with Roanoke River Partners, conducted a study on the impacts and opportunities of ecotourism in the Roanoke River region. A survey of Roanoke River Paddle Trail users was conducted to determine the average expenditures of a river user. This data was used to build a model to estimate the ripple effect of this spending on the five county Roanoke River region which found that the Paddle Trail contributes $553,270 to the regional economic growth each year. Additionally, NCGrowth made recommendations on how RRP can further boost the impact of the Paddle Trail on the region.
READ MORE

Frank Hawkins Kenan Institute of Private Enterprise
www.kenaninstitute.unc.edu