Annette Stone, Director of Economic & Community Development for the Town of Carrboro, gave an update to Carrboro-located businesses on June 8, 2012.

1. Town of Carrboro
Economic and Community
Development
Annette D. Stone, AICP
Director

2. Economic and
Community
Development
Agenda
I. Introduction of new Town Manager, David Andrews
II. Implementation of Town’s Local Living Economy Task
Force
a. Branding and Marketing
b. Special Events/Promotions
c. Local Business Network
III. Revolving Loan Funds
a. Business Loan Fund – new business start up and job
creation
b. New Business Loan Fund
c. Energy Efficiency Loan Fund
IV. Questions Concerns Comments

4. Implementing the
strategies of the Local
Living Economy Task
Force
• Branding and Marketing
• Hire a professional design firm
• Public Participation – Consumer Testing
• Roll-out brand and beginning marketing
• Collaborate!!! CHOCVB
• Chapel Hill – the edge of the Triangle!
•Special Events and Promotions
• For the Love of Carrboro
• Tomato Day!
• Special Events/Promotions Committee?

5. Implementing the strategies
of the Local Living Economy
Task Force
• Business Network Opportunities
• Carrboro Businesses Business Meeting
• Chapel Hill-Carrboro Chamber of Commerce
• Re-establish our BALLE - Local Business Network
• BALLE's mission is to catalyze, strengthen and connect networks of
locally owned independent businesses dedicated to building strong
local living economies. Our services are designed to facilitate the
development of community networks of independent businesses, to
guide networks through various stages of development, to synthesize
and communicate the best network development ideas and practices,
and to build the larger movement for local living economies.
• http://www.livingeconomies.org/network-services

6. Local Living Economy
Principles of a Local Living Economy
@www.livingeconomies.org
• Think Local First
• Increase Self-Reliance
• Share Prosperity
• Build Community
• Work with Nature
• Celebrate Diversity
• Measure What Matters

7. NC Local Business
Networks
• Greater Charlotte - Project for Innovation, Energy and
Sustainability (PiES)
• High Country (Watauga, Ashe, Avery, Wilkes and
Caldwell Counties in North Carolina and Johnson
County in Eastern Tennessee) - High Country Local
First
• Triad Region (Winston-Salem, Greensboro, High
Point) - Triad Local First

8. Revolving Loan Funds
• Business Revolving Loan Fund – new business
start-up and job creation
• Updated criteria
• Business Revolving Loan Fund – support to new
and existing businesses
• Establish New Criteria
• Energy Efficiency Loan Fund
• Four loans have been made
• Funds are still available!

9. Town of Carrboro
Questions, Comments, Infomercials

10. Economic &
Community
Development
Annette D. Stone, Director
(919) 918-7319
astone@townofcarrboro.org
Join our listserve www.townofcarrboro.org
Follow us on Twitter @CarrboroTownGov
@CarrboroECD or follow us on Facebook!
THANKS! : D