Thursday - March 28, 2024
Governor Signs Business Recruiting Bill
Written by Bruce Ferrell   
Wednesday, 25 June 2014 06:46

RALEIGH – Governor Pat McCrory has signed the bill creating a private non-profit corporation to handle business recruiting and marketing for the state instead of the government run Commerce Department.

The corporation mission will be focused in fostering and retaining jobs and business development, international trade, marketing, and travel and tourism. According to a press release, this initiative has been a top priority for the governor and North Carolina Commerce Secretary Sharon Decker since entering office.

The partnership will have to raise $5.75 million in private money over five years and then can access state money as well. An initial $250,000 in startup money has already been raised.

"This legislation allows us to put a new economic development approach in place that helps to create jobs by putting a greater emphasis on customer service, all while saving taxpayer money," Governor McCrory said. "With this new approach, our business recruiters will be able to respond to companies faster. We’ll be able to help existing companies grow and recruit new companies that are considering locating in North Carolina."

 
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