Economic Development March Recap

New and Expanding Metrics since October 1, 2019:   

Since Oct. 2019

New & Expanding Company Announcements: 59
    Jobs: 3,157
    Investment: $285 million

A full list of New & Expanding Companies can be downloaded here.

Project Metrics

Total Projects Received Since Oct. 2019: 41
    Potential Jobs: 9,515
    Potential Investment: $2 billion
Client Visits: 19
Active Projects: 38
    Potential Jobs: 9,424
    Potential Investment: $828 million

Recent News and Events:

Marketing & Public Relations

WCED Launces COVID-19 Resource Page
Wake County Economic Development has added a new COVID-19 resource page to the website. This page is updated on a daily basis with new resources, news, and more. See the new page here.

Work In The Triangle’s COVID -19 Shift
Work in the Triangle, a platform meant to help attract and retain the best talent in the Triangle region, has been reactivated to aid and assist individuals who need help finding employment now. If you need assistance posting a job for your company or finding a job, visit @WorkTriangleNC for 24/7 promotional employment content and our COVID-19 Resource page.

Raleigh Chamber COVID-19 Response Website Launched
The Raleigh Chamber launched a Response Raleigh Chamber website to help guide the community during the COVID-19 crisis. The Chamber created the site to serve as a central location for helpful information and resources. 

Ashley Cagle Named to Raleigh Magazine's Top 30 List
Ashley Cagle, assistant executive director for Wake County Economic Development and vice president of the Raleigh Chamber was named to Raleigh Magazine’s “Thirty In Their 30s.” To read Ashley's nomination and to see the other nominees, visit the Raleigh Magazine website. 

How Small Businesses are Making Big Changes in the Face of Crisis
Digital Journal highlights how businesses and start-ups across the U.S. are adapting and innovating amongst the new regulations and ever-changing circumstances. The Digital Journalarticle featured the City of Raleigh movement to establish curbside pickup zones so that residents can support local restaurants, and  businesses can continue to operate. Read more here.

Students Help Businesses Solve Real Problems in Win-Win Partnerships
North Carolina nonprofit District C is working to connect schools and local businesses to hands-on learning as districts nationwide strengthen similar efforts. Among the most frequently cited complaints from employers today is that the rising workforce is lacking soft skills, like problem solving, and teamwork. Read more here.

Inter-Faith Food Shuttle Receives $23,000 from Duke Energy Foundation
Inter-Faith Food Shuttle has received $23,000 from the Duke Energy Foundation to address food relief in central North Carolina during the COVID-19 pandemic. The grant will fund hunger relief for K-12 students and their families by providing food boxes and other food distribution to families in need and affected by the COVID-19 pandemic. You can read the full article on the Inter-Faith Food Shuttle blog. 

How to Virtually Explore Attractions, Museums, and More in Raleigh, N.C.
Much of the Raleigh’stourism infrastructure—museums, historic sites, sports facilities, concert venues, etc.—are not open.. However, there are still ways for people of all ages to discover new information and ideas through virtual visits to museums and beyond. We have rounded up a bunch of ways to learn something new and distract your children (or yourself) here.

Five Places to Visit in Raleigh, N.C., With Cheetie Kumar
Cheetie Kumar, chef-owner of Garland, an Indo-Pan-Asian restaurant with an adjoining music venue, Kings, and cocktail bar, Neptune’s Parlour, shares why she loves Raleigh in a new article. Read the New York Times article to learn more.

Municipal Updates:


Apex Economic Development Creates a COVID-19 Resource Page
Apex Economic Development created a COVID-19 Resource Page to help local businesses and the community navigate through this uncertain time. Staff continues to update this page with the latest information and resources. Visit Apex’s COVID-19 Resource page for more information. 


Knightdale Provides a COVID-19 Resource Page and List of Cancellations/Postponements
The Town of Knightdale is currently operating remotely and the Town Hall is closed to the public. The town is committed to assisting residents and businesses during this unprecedented time. Visit the Knightdale’s COVID-19 response page for information for local residents and businesses, and  check outthe latest on cancellations, closures, and postponements.


City of Raleigh Creates a COVID-19 Resource Page for Businesses
The Office of Economic Development and Innovation has created a resource page to provide information about business finances, grants and loans, legal information, employee support, and more. Visit the City of Raleigh's COVID-19 Response page.


“Stay Home, Stay Safe, and Stay Connected” – Rolesville’s COVID-19 Resource Page
Get the latest on cancellations, closures, town services and more on the Rolesville’s COVID-19 Resource page.

Recent Rankings:

For a full list of rankings, please download the Raleigh/Wake County Rankings Flyer.

Recent Blogs:

Export-Import Bank of the United States Releases New Initiatives to Support US Exporters and Jobs
On Wednesday, March 25, the Export-Import Bank of the United States (EXIM) issued its full support for four new, temporary initiatives as a response to COVID-19. Read more here.

Class A Office – Project Demand and Development Activity
To help better understand the changing office market, we have analyzed and summarized project demand from companies requesting Class-A office space as well as the current Class-A office developments under construction. Read more here.

UPDATE: Wake County Issues New Restrictions to Help Slow the Spread of COVID-19
On Sunday afternoon, March 22, Wake County leaders held a press conference in which they outlined new safeguards to help slow the spread of the coronavirus. We are sharing with you the key points of that announcement. We also are providing a list from Wake County of answers to some frequently asked questions here.

RIoT Webinar Recap: How Technology and Data Combat Pandemics
On Friday, March 20, NC RIoT hosted a webinar focused on "How Technology and Data Combat Pandemics." As the world faces the COVID-19 pandemic, NC RIoT pulled together a host of incredible speakers who are focused on determining how to predict and prevent world-wide pandemics along with response and recovery measures. Read the recap here.

What are the Next Steps for Your Business?
Beasley, CPA, professor, and director of the Enterprise Risk Management Initiative at NC State University, delivered a webinar for us to provide important perspectives for businesses facing what has happened and what’s yet to come. Read the recap here.

SBA Disaster Assistance Loans Available to NC Small Businesses
The U.S. Small Business Administration is now offering low-interest federal disaster loans for working capital to North Carolina small businesses suffering substantial economic injury as a result of the coronavirus (COVID-19). Learn more here.

Finding Answers for Your Business in Uncertain Times
We want you to know that we are here as a resource for our members and the regional business community. These are unprecedented times, but there are options out there for businesses that are struggling. Read more here.

Skill Survey Launches
What kinds of skills will employers need for tomorrow’s jobs? Wake County is working to find out. Over the next two months, local officials, along with RTI International, will be surveying businesses across 10 industry sectors in RTP as part of its re-launch of the Regional Skills Analysis. Learn more here. 



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