The N&R follows up with the question surrounding Gov. Pat McCrory’s plan for a state economic development group:
Economic development in North Carolina now involves a series of local, regional and state entities, which McCrory said don’t always work together as quickly as businesses seeking new locations demand.
Some 20 years ago the state created regional entities to focus on job creation, and there are seven across the state, including the Piedmont Triad Partnership.
Each region operates a bit differently, which sometimes leads to confusion as companies try to navigate the state’s development and incentive programs.
But a regional concept is likely to survive this process, Ellis said, because Decker “has made it very clear that she believes economic development happens at a community level.”
But again — this cannot be emphasized enough—there’s only so much money to support so many economic development groups.
