June 18, 2008

East Tenn. Hosts First Orange Carpet Tours

 
Adam Rujan of Plante Moran speaks to leaders of Fentress, Clay and Pickett Counties.

Two rural Tennessee regions hosted veteran site selectors last week for the first round of the state’s inaugural Orange Carpet Tour program.  The tours, patterned after the traditional economic development “red carpet tours” employed by many urban chambers of commerce, were announced at the Governor’s Conference on Economic and Community Development last September. 

Representatives from Plante, Moran, a nationally-known business consulting firm, visited Morgan, Cumberland and Roane Counties on June 10 and 11 and Clay, Pickett and Fentress Counties in East Tennessee June 12 and 13 for the first two of five planned Orange Carpet Tours this summer.

The project involves a two-day, intensive site selection visit in which the communities organize a comprehensive tour and presentation for the consultants. Consultants evaluate the communities’ strengths and weaknesses and provide community leaders with direct feedback, including detailed information on potential improvement, especially in areas of highest interest to relocating companies.

“The regions should be applauded for their willingness to step up and go through this process,” said Matt Kisber, commissioner, Tennessee Department of Economic and Community Development. “These Orange Carpet Tours offer a tremendous opportunity, but they require hard work and regional cooperation. The consultants’ recommendations are an invaluable tool communities can use to make themselves more competitive.”

The Tennessee Department of Economic and Community Development will work with local leaders at the conclusion of the tours to assist them in implementing strategic recommendations based on the feedback.

The tours are part of Governor Bredesen’s Rural Opportunity Initiative, a three-prong approach to increase economic development efforts in the state’s more rural areas.  In addition to the tours, it includes an enhanced series of tax incentives for companies investing in rural Tennessee and the Rural Opportunity Fund, a new source of capital available to rural Tennessee businesses. 

Destination Retail Seminar Earns High Praise

 
Schallert delivers his seminar in Fayetteville, Tenn.

Independent retailers from across the state are praising the destination retail strategies and tools they learned in the BERO and Tennessee Main Street sponsored "Destination Retail" seminars.  Led by nationally recognized destination retail consultant, Jon Schallert, independent retailers learned strategies to differentiate themselves, attract customers outside their local area and reinvent themselves as a Destination Business. 

Art gallery owner James-Ben Stockton called the seminar "dynamite." Stockton owns the James-Ben Art Center in Greeneville.

"(Jon Schallert) is very informative, extremely dynamic and willing to give complete information about the business strategies he has spent 20+ years developing," Stockton writes. "No matter how difficult you find attending his presentation, the workshop is worth every iota of effort, energy and expense. I went so far as to close the gallery the entire day of his workshop and learned to re-invent our gallery as a Business Destination."

Read more of Stockton's comments on his blog.

Schallert's seminars took place this month in Kingsport, Fayetteville and Dyersburg. Learn more about Schallert and subscribe to his free newsletter for business owners here.


Tennessee Quick Facts

Ned Ray McWherter, former governor of Tennessee, is from Weakley County.

Source:
Economic Expert

Schedule Alert

There are no public events scheduled.

To request ECD Commissioner Matt Kisber to speak or attend an event, please contact Jennifer Alward at (615) 253-1852 or jennifer.alward@state.tn.us

Feedback

We invite your thoughts on the ECD Hot Sheet. Please click here to contact ECD Communications with any questions, concerns or suggestions you may have.

News Briefs

Business Development

BERO

BERO Client Wins BBQ Contest

Phil's Dream Pit BBQ is riding high on the hog - literally. The Kingsport business is enjoying a newly earned "Best Ribs" designation and a People's Choice Award for Professionalism after a strong showing at the annual "Racks by the Tracks" festival.

New restaurant entrepreneurs Phil and Diana Pipkin owe part of their success to ECD's Business Enterprise Resource Office. BERO specialists helped the Pipkins secure one of the first ECD-BERO Rural Micro-Loans to open their restaurant and catering business. The couple was able to use the loan, which offers below-prime interest rates, to purchase equipment and provide capital for their new business.

Community Development

Grants and Loans


Travel Agency Receives Energy Grant

Caldwell Travel, a travel agency located in Brentwood, Tenn., has obtained a Small Business Energy Loan to retrofit lighting and install a solar electric generating system. The cost of the energy efficient improvements was $112,000 and the estimated annual energy savings is $5,093. Caldwell also participated in the Tennessee Clean Energy Grant program and received a grant for 40 percent of the cost of the solar system.

Recent News

Tennessean: "Backers Hope to Reawaken Interest in Ethanol"

Ethanol has had it rough lately. Floods in the Midwest have sent corn prices soaring, construction of some ethanol plants has been suspended, and questions still surround the effectiveness of using the fuel to help ease gas prices.

Amid some uncertainty about their main product, more than 600 exhibitors will attend the International Fuel Ethanol Workshop & Expo this week at the Gaylord Opryland Resort & Convention Center.

Most will have one topic on their minds: how to make ethanol production more efficient. Oft-discussed solutions include how to efficiently produce cellulosic ethanol, which is drawn from more abundant fibrous materials in a range of plants.

"Everybody knows that production can be improved," said Steve Eury, spokesman for Swiss agribusiness corporation Syngenta, which was setting up its booth Sunday at the expo.

"Ethanol is an important part right now of replacing a certain percentage of fossil fuels, but cellulosic ethanol can raise that bar even higher."




Memphis Flyer: "Delta and FedEx CEOs Upbeat About Memphis Hub"

Aerotropolis lives. The chief executive of Delta Airlines says the Memphis airport hub should prosper under the merger of Delta and Northwest Airlines, although high fuel prices are here to stay and will cut the volume of business.

Aerotropolis is the name for a massive long-range development around Memphis International Airport including FedEx, passenger airlines, and other businesses.

The Memphis Regional Chamber of Commerce is betting heavily that Memphis has a bright future as America's low-cost, hassle-free airport in an era of airline mergers and expensive fuel bills.

Delta CEO Richard Anderson told chamber members Thursday that the Memphis hub "will continue to be an important part of the combined network" after the merger is completed later this year. It's expected to take 18 months to fully implement.


  To view last week's ECD Hot Sheet, click here. // Tomorrow Starts Today