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HomeMy WebLinkAboutSeptember 12, 2023 Minutes Approved ECONOMIC DEVELOPMENT ADVISORY BOARD September 12, 2023 Well Dot 419 W Franklin St Chapel Hill, NC 27516 Minutes Members Present: Sharon Hill, Tom Proctor, Dave Gephart, Kristen Young, Hasan Abdullah, Jane Saiers, Johnny Morris Members Not Present: Barbara Jessie-Black, Estella Johnson, Elise Tyler Guest Speakers: Todd Metzker and Dwight Bassett Orange County Staff: Steve Brantley, Amanda Garner, Lindsey Hirni, Mike Ortosky Call to Order The meeting was called to order by Kristen Young at 11:35 a.m. Approval of Minutes A motion was made by Dave Gephart and seconded by Sharon Hill to approve the Minutes from the May 9, 2023 meeting. The motion passed unanimously. Old Business Amanda shared details on our Advertising Campaigns to promote the Grant Programs with Triangle Digital Media Partners and WCHL. The grant cycle ending June 30th had a higher number of applications which seems a result from the advertising. Our department wants to continue to help more small businesses with grant funding and complementary advertising through these continued campaigns. Dave suggested we check a local radio station "WHAP" in Hillsborough and recommended The Daily Tar Heel classified section. We did purchase a half page of ad space in the Hillsborough Chamber of Commerce digital directory. New Business Kristen asked the board members if they are interested in joining the Grant Committee to let us know. Guest Speakers Todd Metzker, Senior Director of Member Service Operations at Well Dot Inc. spoke with the group about their company and what they offer to the businesses who contract out their services. He gave a brief overview of their local employee status as well as their headquarters. Dwight Bassett, Director of Economic Development, from the Town of Chapel Hill gave a presentation to let the board know that the Town is working to improve the economic vitality of Chapel Hill through job creation and tax growth. Mr. Bassett shared that there is a need for jobs and desire for life science companies based on the numbers he showed. He mentioned a few accomplishments such as creating over 800 new jobs from entrepreneurship (Recruitment of Well Dot Inc. and Wegmans), the NC bio committing to opening downtown and the East Rosemary redevelopment, as well as the creation and implementation of the ReVive Recovery Plan. Dwight briefly went through the strategy for Innovation District in downtown Chapel Hill. Sharing sites and projects like Innovate Carolina, Life Science Center with wet lab and office space, downtown parking center, professional apartments, Elements Hotel and the goals and metrics for these efforts. Dwight made mention of the Merritt Properties, Honorbridge, and the Well Dot expansion. Here was the link provided for additional information: https://www.open2.biz/about- economic-development Directors Report: Steve provided an update on various announcements and active projects in Orange County_ Adjournment Kristen Young adjourned the meeting at 1:00 PM