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Showing posts from July, 2018

A Record Year for N.C. Ports Bodes Well for Anson County’s Future

On a macro level, Anson County’s economy is most closely aligned with that of Charlotte. Our western border is only 40 miles from the intersection of Trade and Tyron, and the Monroe Expressway will bring the drive from Uptown Wadesboro to Uptown Charlotte to well under an hour. That does not mean, however, that Charlotte is our only economic driver. As the Port of Wilmington expands it presence and importance on the eastern seaboard, it, too, will become an important element of our economic story. And that’s why Monday’s announcement that the port had a record year for container shipments comes as fantastic news for Anson County. During the port’s fiscal year 2018, which ended June 30, N.C. Ports reported a record 38 percent year-over-year growth in the number of containers that moved through the Port of Wilmington. Port officials credited truck turn times and high crane productivity rates for the record, but the larger reality is increased investment at the port has made it more c

AnsonEDP Launches New Grant Progams for Entrepreneurs and Small Businesses

The Anson Economic Development Partnership (AnsonEDP) has announced the creation of two new grants designed to spur entrepreneurial and small business growth in Anson County. The grant programs are similar in scope and process, but target businesses in different stages of development. Both grants are tied closely to the Rural Center’s new Thread Capital program, a state-sponsored initiative which allows small businesses operating in rural areas access to the capital, coaching, and connections they require to succeed. The Thread Capital program can be accessed through an online portal at www.ThreadCap.org. The application is simple and takes about 10 minutes to complete. It will ask questions about personal and business finances, available collateral, etc. Once the application is received, staff will review the application and will schedule a 30-minute interview. After the interview, applicants who want to proceed with a loan will be asked to provide documentation about their busine