Economic Development

The State of Things
12:41 pm
Tue June 4, 2013

Groups Tackles Intractable North Carolina Poverty Problem

A scene from American Winter film.
Credit http://www.americanwinterfilm.com/families

Gene Nichol, Director of the Center on Poverty, Work & Opportunity at the University of North Carolina at Chapel Hill, said on The State of Things today that the financial collapse really hurt the poor but that the problem is multifaceted.

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Business & Economy
7:44 am
Wed May 15, 2013

Raleigh Development Flourishes Thanks To Resilient Economy

Credit City of Raleigh

Raleigh city officials have plans for several new residential developments in the middle of the capital city.  They say it's part of their master plan to entice not only new residents but new business downtown.

It is also an indication that Raleigh is doing well economically.  City Planning Director Mitchell Silver says residences that are on the drawing board or under construction are geared toward not just urban professionals, but families.

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Politics & Government
6:07 am
Tue May 14, 2013

Senate Bill Would Abolish Regional Economic Development Commissions

Credit NC General Assembly

A bill that would abolish regional economic development commissions has tentatively passed the state Senate.

The measure would dissolve all seven of the state's commissions. The Department of Commerce would then send at least one employee to work in one of eight newly created economic zones.

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Business & Economy
5:00 am
Thu May 2, 2013

Greensboro Looks For A Million Dollar Idea

Greensboro
Credit Scott Moore, Flickr, Creative Commons

Leaders in Greensboro are accepting submissions for a federal grant that will award one million dollars for an innovative plan.  The winning idea is supposed to help the city’s economy by designing a way to improve long-term job prospects.  Organizers admit they’re being purposely vague to see what kind of submissions they get to develop the city.  A panel of about 20 people that will ultimately chose the winning entry, met for the first time on Wednesday.

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Business & Economy
4:30 pm
Fri November 9, 2012

New Master Plan For RTP

Research Triangle Park leaders have rolled out a new master plan to transform the business center into a more community-friendly atmosphere. 

Gurnal Scott: You may not realize that RTP has been around 53 years. Its foundation says it must look beyond its original vision of business innovation to grow in the next half century. CEO Bob Geolas says job growth is still a top priority.

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Business & Economy
7:30 am
Fri September 21, 2012

Greensboro Gets $1M Grant To Grow Economy

The City of Greensboro is getting a one million dollar federal grant designed to generate economic growth. The grant is part of a program aimed at encouraging innovative ideas, strategies and perspectives for long-term job growth. Greensboro will hold a competition and request ideas for ways to bolster the local economy.

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Business & Economy
7:00 am
Tue July 24, 2012

NetApp Plans Expansion in RTP

A data storage and development company in Research Triangle Park plans a major workforce expansion. 

Gurnal Scott: Governor Bev Pergue couldn't be happier about what NetApp is setting out to do.

Bev Perdue: Creating 460 new jobs and investing 75 million dollars for the next four years right here.

NetApp has a reputation nationally as one of the best places to work. Senior Vice President Denise Cox says that's mostly because they attract people motivated to succeed

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Business & Economy
3:20 pm
Fri May 25, 2012

State Of Research Triangle Region

Charles Hayes speaks at State of Research Triangle Region 2012.
Gerry Collins Photography

Business Leaders, economic developers and other stakeholders came out in the hundreds to hear yesterday’s State of the Research Triangle Region address.

Leoneda Inge: Charles Hayes is President and CEO of the Research Triangle Regional Partnership. He says in 2011 the region’s population grew by nearly two percent and wages grew by almost five-percent. But job growth is still slow. Hayes says since their economic plan was implemented in 2009 the 13 county region has added only 22,400 jobs.

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Business & Economy
8:15 am
Wed November 30, 2011

Raleigh Grows Despite Recession

The recession that began four years ago is still holding many communities across the country hostage.  Homes continue to fall into foreclosure and long-term employees are again looking for work.  But there are some areas in the United States that are recovering quite well during this down-turn.   And one of those metropolitan areas includes Raleigh.

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