Entrepreneur Effort to Focus on Tech, Health, Military
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A new study looking at ways to create and recruit new businesses suggests focusing on entrepreneurs in the technology, wellness and military industries.
The recommendations for Moore County are included in an executive summary of the study from Forward Communities.
“To build out these innovation clusters, we propose a multifaceted ‘ecosystem strategy’ focused on creating a robust pipeline of talent, building a strong enabling environment to help scale high-impact, high-growth enterprises, measuring their economic and social impact, and ensuring that local economic and community development policies support these efforts,” the summary said.
Moore County Partners in Progress hired Forward Communities earlier this year to conduct the study, and representatives of both groups will present the findings Wednesday at 9 a.m. at Pine Needles Lodge and Golf Club.
“I hope to get emotional buy-in,” said Pat Corso, executive director of Partners in Progress. “We want the community to be enthusiastic about this undertaking, but this is only a launching point. The study is a work-in-progress. It’s not the definitive answer.”
Corso said the targeted industries create “an obvious, concrete opportunity” to build upon. The three areas take advantage of a strong core Moore already has with Fort Bragg and FirstHealth.
“But that platform doesn’t negate other opportunities,” Corso said. “We have to walk before we can crawl. We don’t want people to think we’ve bitten off more than we can chew.”
Former Schools Superin-tendent Susan Purser believes that the process to determine if an entrepreneurship initiative can be launched in Moore County worked better than any she had ever experienced.
“I was pretty much blown away by the participation level,” said Purser, who chaired the feasibility study steering committee. “There wasn’t a single work group session that I went to that everybody in the group didn’t participate in the conversation.
“They were all enthusiastic. I saw tremendous optimism about the opportunities for our county.”
The summary indicates that a goal of the Moore County Regional Innovation and Entrepreneurship Initiative is to transform the local economy by “fostering a robust cluster of innovation” to improve the county’s municipalities.
“Let’s shake it up. Let’s not settle for the status quo,” Corso said. “Let’s see ourselves in a new light.
“This initiative is about creating opportunity, growth and jobs that lead the county to a new level of success that’s more sustainable.”
Forward Communities is a subsidiary of Bull City Forward (BCF), a Durham-based nonprofit focused on catalyzing sustainable enterprises. BCF was founded in spring 2010 and served as the model for last fall’s launch of Queen City Forward in Charlotte.
BCF builds pipelines for future entrepreneurs through school and university partnerships, recruitment of outside talent and retaining existing talent, among other methods.
It provides a strong environment to grow and accelerate new ideas through shared workspace for co-working, a comprehensive assistance network and access to critical support resources, including financial capital.
Christopher Gergen, founding executive director of BCF, said he will be looking to gauge support for the initiative and gather feedback at Wednesday’s meeting.
“I hope we have a productive conversation because I think this is an excellent initiative,” Gergen said. “The study is our road map and will show us what we need to do in the future to move the entrepreneurial needle in Moore County.”
Corso said Partners in Progress will co-sponsor the initiative with the Moore County Chamber of Commerce.
“We also hope to bring in Sandhills Community College and possibly the University of North Carolina at Pembroke,” Corso said.
Patrick Coughlin, president and CEO of the Chamber, called it “a natural partnership.”
“We’ve always worked well together and supported each other. It just makes sense,” said Coughlin, who also served on the steering committee.
“We take the responsibility seriously. We’re willing to step up and do what we need to do because it’s a great opportunity.”
Purser said the initiative has come a long way “in just a few months” because people are not “sitting around blowing smoke.”
“People believe in it,” she said. “There’s a positive energy that is propelling our county forward and creating an economic vision for the future.”
Contact Ted M. Natt Jr. at (910) 693-2474 or tnatt@thepilot.com.
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Comments
wcs 8 months, 2 weeks ago
Really? They paid an organization to tell them to focus on "entrepreneurs in the technology, wellness and military industries"? I've never seen someone say so little with so much as I did when I read "To build out these innovation clusters, we propose a multifaceted ‘ecosystem strategy’ focused on creating a robust pipeline of talent, building a strong enabling environment to help scale high-impact, high-growth enterprises, measuring their economic and social impact, and ensuring that local economic and community development policies support these efforts". Were there any more details on how they planned to leverage the local university and community college systems for this effort? Any details on how they expect to attract or keep talent in this area when considering the appeal of Raleigh/Durham just down the road?
tarheelborn 8 months, 2 weeks ago
I'm with ya WCS. Don't ya just love it when ya hear all these really nice sounding catchphrases making it appear these people which our government is (or will be) spending our money on to tell us the (fundamental things we already know)? Let's just cut through all the BS, Why don't some person (with financial means) step up to the plate, (without government handouts of supposedly free money) and become CREATIVE and CREATE (Opp's, did I say something wrong) YES CREATE some NEW INDUSTRY and Hire some of these out of work people! I'll be willing to bet SOMEBODY is going to do something really FORWARD before long and do just that! We shall see....
djcalaska 8 months, 2 weeks ago
Well said WCS. There is one thing I have learned from our government. If you say "what?" when reading something then someone is being paid, (and usually well) to do something or say something, most already know.
Easygoing 8 months, 1 week ago
Second the sentiment of WCS. Sounds like a lot of hot air. But we have come to expect this from these groups. Full of nonsensical rhetoric. How much of our tax payer's money is going into this Partners in Progress and what do we really have to show from it. Seems like the Chamber of Commerce can do a better job. Show us one concrete example of a job they have created (not the job of executive director of their own organization), and not something someone else did and they claim credit. I'll bet they cant.