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martincountyeap@martincountyedc.com
What We Face
Like
many rural North Carolina counties, Martin County’s economy has been
challenged with the loss of manufacturing jobs during the last five years.
Most resulted from NAFTA-related textile plant closures,
forestry-sector contraction, and production and processing decline in the
agricultural sector. Martin
County has responded to this challenge on three fronts.
First: We’ve successfully recruited several new companies to the
county, including Penco Products, Ann’s House of Nuts, PFG, Citgo
Eastern. This effort
continues. Within weeks we
will be formally announcing the arrival of an international company’s
first United States operation to the western part of Martin County.
Second: Martin County understands that it’s not enough to simply
recognize the importance of ‘home-grown’ jobs to our communities and
for business climate. Over
the past year, we have ramped up our efforts to promote local
entrepreneurship development to create and expand sustainable,
locally-owned and operated small businesses.
Third: Our small business owners know that many residents’ dollars
are spent outside the county. County
residents regret that they have to travel to spend their money due to
insufficient product/service offerings within Martin County. It’s no secret that the more offerings a county provides,
the better chance all businesses have for increased growth.
To increase the critical mass of local goods and services in Martin
County, we’re taking steps to help prospective entrepreneurs and
existing business owners measure market demand so they can prudently
extend product/service lines and/or launch new businesses.
“Value Added” in Martin
County
Martin
County offers many assets to start-up businesses.
The major road network, with highways 64-17-13-125 intersecting
here, provides easy product distribution and opportunities to attract
increasing visitor traffic to our service and retail sectors.
Speaking of visitors, the expansion of horse stalls at the Bob
Martin Eastern Agricultural Center will increase the number of county
visitors, increase the number of in-county visitor days, and increase the
amount of money that they leave behind them.
The recent launch of the N.C. Civil War Trail, forth-coming
construction of a Roanoke River Boardwalk and expansion of the Roanoke
River camping platforms will, taken together, mean a steady increase in
eco-tourism and heritage tourism to our area .... and opportunities for
small businesses to capture the economic advantages of this tourism.
Major Economic Development Needs
Martin
County’s major economic development need is jobs.
Martin County’s modified economic development strategy recognizes
that many of the new jobs can be created by encouraging the creation of ’home-grown’
jobs -- specifically the
formation of micro-enterprises with 1-to-5 employees.
The
exciting part of this strategy is that a healthy and growing
entrepreneurial sector increases the chances of locating more industries
in Martin County. Industries
see small businesses as a providing a better quality of life to their
employees by giving their employees choices of where to shop for goods and
services. This enhances
industries ability to recruit and keep the quality of employees they
desire. So, increased
emphasis on ‘home-grown’ jobs is not a diversion from, but an adjunct
to, our industrial recruitment efforts.
A targeted approach for small
business growth is needed
A more organized approach is needed to meet the immediate needs of
displaced workers. This need is confirmed by calls received at the EDC, Chamber,
and MCC Small Business Center. All report increased requests from
displaced workers interested in taking charge own destinies by becoming
sustainable entrepreneurs. Though
highly motivated, displaced workers who want to become entrepreneurs face
special challenges. Most
displaced workers have always been employees.
Though many possess the capacity to produce goods and services,
they lack the entrepreneurial skills of planning, capital formation,
marketing, human resources management, license and regulatory compliance,
taxation and legal responsibilities.
This is why they requested technical assistance, capital formation
assistance and help in locating affordable rental space.
So, how do we achieve small business
growth?
With the support of the Committee of 100, Williamston Downtown, the NAACP,
MCC’s Small Business Center, the EDC,
county towns and other organizations, Martin County applied for, and
received, federal grant funding to create the Martin County
Entrepreneurial assistance Program [MCEAP] to help prospective
entrepreneurs evaluate, launch, and succeed in creating sustainable
‘home-grown’ businesses.
What the MCEAP can
and cannot do
The MCEAP
grant is specifically structured to:
-
identify
displaced and low-moderate income workers, women, minorities (and
those who
-
employ
such individuals) who wish to launch or expand micro-enterprises in
Martin County, and
-
provide
technical assistance that will equip the prospective entrepreneur not
only to launch, but also sustain, the new enterprise consistent with his or her
capacities, opportunities and risks.
The
MCEAP provides technical assistance. This particular grant category does
not award cash grants, loans, subsidies or other direct assistance.
The
MCEAP will conduct outreach with private, non-profit, faith-based, and
public sector entities to identify prospective entrepreneurs. Working with
the Employment Security Commission, MCC Small Business Center, Chamber,
and other groups, the MCEAP will determine prospective entrepreneur’s
individual strengths and weaknesses concerning:
-
technical
expertise with the product or service
-
knowledge
of the community
-
business
management experience (HR, fiscal, regulatory)
-
articulated
business plan (written or oral)
-
knowledge
of customer base (wants, needs)
-
resources
(cash, equity, credit history)
-
competitive
advantage/ disadvantages (‘value-added’, alternative supply
options), and
-
personal
energy to persevere
Once
the prospective entrepreneur’s situation is evaluated, the MCEAP will
provide counsel to reduce business risks and maximize the entrepreneur’s
chances for long-term success. The MCEAP will construct individualized
technical assistance packages custom-designed for each prospective
entrepreneur. Technical assistance may include:
-
educational
services
-
market
research assistance
-
business
plan assistance
-
technology
training
-
youth
apprenticeships
-
marketing
assistance
-
access
to on-going, individualized counseling through SCORE, East Carolina
University, etc.
-
access
to a “Quick Response Team” (legal, CPA, financial services,
etc.) for emergent problems
-
assistance
in dealing with regulatory and permitting issues
-
peer
networks
-
technology
training
-
manufacturing/
production technology enhancement consulting
-
identification
of rental space
-
business
incubation services (coordinated with WIP)
The
MCEAP will also work to develop a local equity investment pool. This is
not an exhaustive list of MCEAPs services
Where
We Stand Today?
As soon as
an MCEAP coordinator is been selected, outreach efforts to identify
prospective entrepreneurs will begin. As prospective entrepreneurs are
identified and evaluated, technical assistance will immediately commence.
This process may start as early as August 1st but will certainly be
underway no later than mid-September.
What YOU Can Do?
If you know of an individual who is considering starting a
micro-enterprise, tell him or her about the MCEAP; have him/her contact us
so they’re at the top of the list. Whether you are a business owner,
manager or professional [active or retired], consider sharing your
skills as a mentor. Martin County needs your acquired expertise and
we’ll honor your constraints. Until we retain the MCEAP Coordinator,
please contact us via email to martincountyeap@martincountyedc.com.
Thank you for your interest and support.
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“For almost
five years PAW napkins have been sold in the United States through
distributors, said Waldemar (Val) Albrecht, president of Carolina Design
Napkins Corporation. “We are now marketing our napkins directly in the
United States to give our customers better service.”
Carolina Design
Napkins will offer three-layer napkin products in various patterns of up
to eight colors. The company will introduce more than 500 product choices
and will also be able to customize a special collection.
One such special
collection will feature a napkin for the First Flight Centennial
Celebration being designed for retailers along the Outer Banks. The
company also will be able to manufacture napkins with company logos later
this year.
The company has
reached a distribution agreement with Martin Enterprises to ship the
napkins to stores in the U.S. Martin Enterprises, located in Williamston,
is a community rehabilitation program for adults with developmental
disabilities and other challenges. Their
focus is vocational training and community job placement.
The first shipment of napkins was delivered to Martin Enterprises
last week via a cargo container shipped from Europe to the Norfolk Port.
“It is
exciting for Martin Enterprises to be able to support an international
company with its distribution from the states,” said Becky Renn,
executive director for Martin Enterprises. “We hope this venture will
lead to our organization being able to support future economic development
projects with other international companies.”
PAW was
introduced to Martin County through a European marketing consultant with
North Carolina’s Northeast Partnership, a regional economic development
organization serving 16 counties in Northeast North Carolina.
"The Martin County EDC's aggressive recruitment efforts continue to
bear fruit. By paving the way for PAW to distribute its unique
products in the U.S., the County is positioning itself for a manufacturing
facility in the future," said Northeast Partnership Chairman Jack
Runion. "We believe there are many more opportunities like this for
Martin County and Northeast North Carolina," Runion added.
Jim Ward, Martin
County Economic Development Corporation Executive Director hopes this
project will begin reversing the trend that has seen the loss of jobs to
other countries. “If we are able to support foreign companies with
establishing U.S. subsidiary companies, we will be the first in line to
build their U.S. manufacturing plant,” said Ward.
While he
realizes that this is a unique marketing approach to replace the loss of
traditional industries in the region, Ward believes it is worth the time
and effort.
“Martin County
competes daily with counties in 49 other states that want the same thing
-- jobs and investment,” Ward said. “To be successful in our regional
efforts to locate companies here, we must approach economic development
with creativity and the Carolina Design Napkins project is one of the
projects our board is embracing to sustain Martin County’s future.”
Will Martin
County become the home of major international companies’ investments?
Only time will tell if the project is successful but Martin County
officials point to Carolina Design Napkins as being an effort that should
be involved in the county’s mix of recruiting new industries to the
region. In the meantime, Carolina Design Napkins available in stores in
the U.S. will be stamped with a Williamston, USA address. |