Anchor Institutions Create Economic Resilience (AICER)

Organization:

The University of North Carolina at Chapel Hill

Amount:

$197,132.00

Program Area:

Open Grants Program

County of Applicant:

Orange

Year:

2021

Description:

This award supports the efforts of the University of NC at Chapel Hill, through the Frank Hawkins Kenan Institute of Private Enterprise, to expand its initiative to increase procurement spending by anchor institutions at businesses in North Carolina’s economically distressed, rural communities. UNC-CH will begin to work with Elizabeth City State University and to build on prior work at UNC-Pembroke to assist them in finding opportunities to redirect procurement spending to rural North Carolina vendors, resulting in creation of 15 new, full-time jobs with an average annual wage of $45,000, and $60,000 in private investment in rural North Carolina during the two-year project term. Within three years of project completion, the project is expected to generate an increase of at least $1.5 million of annual procurement budgets spent North Carolina’s rural communities. Golden LEAF dollars will be used for personnel, meeting, travel, and consultant costs.

Contact:

Ms. Alyse PollyOffice of Sponsored Research104 Airport Drive, Suite 2200Chapel Hill, North Carolina 27599-1350(919) 808-6393

Areas Served:

Statewide

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