Developing Entrepreneurship andInnovation in Rural Southeastern   North Carolina: An Update Dr. Michael Menefee, Dr. Len H...
UNC PembrokeEntrepreneurship andEconomic Development       Dr. Michael Menefee University of North Carolina at Pembroke
Robeson County• Founded in 1787 with Lumberton as its seat• Named after Col. Thomas Robeson, a  Revolutionary War hero• Ar...
Ethnic Populations of Robeson County                  1.0%           5.0%   25.0%                     38.0%               ...
Economic Issues• Between 1997 and 2009, Robeson County lost  9,000 manufacturing jobs (41% of workforce)• Significant incr...
Economic Issues• Neighboring Scotland County lost 3 major  manufacturers and 3 smaller firms• Scotland County has the high...
University of North Carolina-Pembroke• UNC Pembroke has three Centers  that aim to stimulate economic  development and gro...
Small Business Technology and              Development Center• Provide management and educational services• Assist busines...
Thomas Family Center for Entrepreneurship• Created to improve economic development by:  1. Encouraging entrepreneurship am...
Thomas Family Center for Entrepreneurship• Goals are to:  1. Stimulate entrepreneurial thinking through     education  2. ...
Thomas Family Center for Entrepreneurship• Strives to stimulate small business development  to create jobs and build commu...
Entrepreneurship and Biotechnology• Entrepreneurship of UNCP  Biotechnology is supported by the  NCIIA• NCIIA granted UNCP...
UNC Pembroke      BiotechnologyDr. Len Holmes & Floyd L. Inman III  University of North Carolina at Pembroke
Biotechnology Research and Training Center• With an area of 5,000 ft2, the facility provides  laboratories for:    Fermen...
Biotechnology Research and Training Center• The goal of the Center is to stimulate the  transformation of knowledge to inc...
Biotechnology Research and Training Center• The Center’s specific  aims are to:  1. Increase the number of     higher-payi...
Biotechnology Research and Training Center• The Center’s main sustainable research project are:      1. Honey Bees and Hon...
UNC Pembroke Honey Bee Research• New Director: Dr. Reggie Oxendine Jr.• Research promotes the art and business  of beekeep...
UNC Pembroke Honey Bee Research• UNCP gifted, sold, and established  hives for:      Farmers      Gardeners      Univer...
UNC Pembroke Honey Bee Research• Future honey bee initiatives include:    Use of beneficial nematodes to     protect hive...
Mass Production of Beneficial Nematodes• Beneficial nematodes are a  safe and organic alternative  to chemical insecticide...
Mass Production of Beneficial Nematodes• Nematodes are mass  produced in fermentation  systems with their  microbial count...
Mass Production of Beneficial Nematodes• Mass production technology is  mainly proprietary and complex• Mass production ap...
Mass Production of Beneficial Nematodes• Partnerships with local  farmers and gardeners will  enable the Center to field- ...
Mass Production of Beneficial Nematodes• During one month, two  maximum capacities (40 liters)  of medium can be processed...
Potential Profit Margin of Nematodes     Theoretically based upon current distributor pricing:                       H. ba...
Monthly Analysis of Nematode Production             Theoretically based upon current retail pricing:                      ...
Mass Production of Beneficial Nematodes• Current product produced by UNCP  Biotechnology is Brave-Guard.• Product consisti...
Current Situation• UNCP has the ability to  commercialize beneficial  nematodes.• Production scale-up is the next  challen...
Current Situation• A course involving invention and new product development  has been proposed for UNCP curricula.• Elevat...
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Open 2013: Developing an Entrepreneurial Environment for Rural Southeastern North Carolina

  1. 1. Developing Entrepreneurship andInnovation in Rural Southeastern North Carolina: An Update Dr. Michael Menefee, Dr. Len Holmes & Floyd L. Inman III University of North Carolina at Pembroke Pembroke, NC 28372 USA
  2. 2. UNC PembrokeEntrepreneurship andEconomic Development Dr. Michael Menefee University of North Carolina at Pembroke
  3. 3. Robeson County• Founded in 1787 with Lumberton as its seat• Named after Col. Thomas Robeson, a Revolutionary War hero• Area (951 sq. mi): – Land (949 sq. mi) – Water (2 sq. mi)• Population density approximately 129 per mi2 Website: www.co.robeson.nc.us
  4. 4. Ethnic Populations of Robeson County 1.0% 5.0% 25.0% 38.0% Native Americans Caucasians African-Americans 32.0% Hispanics Asians Total population in Robeson County = 123,339* *Based on 2000 U.S. Census
  5. 5. Economic Issues• Between 1997 and 2009, Robeson County lost 9,000 manufacturing jobs (41% of workforce)• Significant increases are still seen in: – Unemployment – Crime – Poverty – Bankruptcies• Teen pregnancy and school dropout rates are continually high
  6. 6. Economic Issues• Neighboring Scotland County lost 3 major manufacturers and 3 smaller firms• Scotland County has the highest unemployment rate in the state at 17%• According to the state economic rating system, 7 out of 10 counties within the UNCP area were ranked as tier 1* *(in most need of economic development)
  7. 7. University of North Carolina-Pembroke• UNC Pembroke has three Centers that aim to stimulate economic development and growth: – Small Business Technology and Development Center – Thomas Family Center for Entrepreneurship – Biotechnology Research and Training Center
  8. 8. Small Business Technology and Development Center• Provide management and educational services• Assist businesses meet challenges and plan for the future.• Offers specialize market development assistance for: – Procurements – International business – Technology development – Technology commercialization
  9. 9. Thomas Family Center for Entrepreneurship• Created to improve economic development by: 1. Encouraging entrepreneurship among citizens 2. Training students to open and run small businesses 3. Providing assistance to existing businesses 4. Address social problems 5. Attracting new businesses to the area “Economic development and personal success are attained through entrepreneurs and innovators who thrive on imagination, creativity, and passion.”
  10. 10. Thomas Family Center for Entrepreneurship• Goals are to: 1. Stimulate entrepreneurial thinking through education 2. Support entrepreneurs and new ventures in Southeastern North Carolina• The Center focuses on: 1. Education 2. Research 3. Planning 4. Community engagement
  11. 11. Thomas Family Center for Entrepreneurship• Strives to stimulate small business development to create jobs and build community wealth• Uses the history of entrepreneurial success to build a base for future prosperity• Supports the business community by: 1. Providing one-on-one consulting and evaluation services 2. Help students to develop entrepreneurial competencies and knowledge
  12. 12. Entrepreneurship and Biotechnology• Entrepreneurship of UNCP Biotechnology is supported by the NCIIA• NCIIA granted UNCP a Course and a Program Grant for two years (2011-2013)• Grant and matching funds provided for: 1. Enhancing entrepreneurship programs 2. Purchasing equipment for nematode project 3. Project consulting and prototyping support 4. Supplies for biotechnology research 5. Development of e-teams 6. Faculty research and travel
  13. 13. UNC Pembroke BiotechnologyDr. Len Holmes & Floyd L. Inman III University of North Carolina at Pembroke
  14. 14. Biotechnology Research and Training Center• With an area of 5,000 ft2, the facility provides laboratories for: Fermentation Microbiology Chemistry Other life science Molecular biology technologies• The Center has the capacity to address most research problems in most sectors of biotechnology: Agricultural Environmental Biomanufacturing Biomedical
  15. 15. Biotechnology Research and Training Center• The goal of the Center is to stimulate the transformation of knowledge to increase the economic well-being of Southeastern North Carolina• Core activity of the Center is to establish and develop innovative training and research opportunities.
  16. 16. Biotechnology Research and Training Center• The Center’s specific aims are to: 1. Increase the number of higher-paying biotechnology positions 2. Increase the availability of a trained work force 3. Offer entrepreneurs technology, business support and connection to capital sources
  17. 17. Biotechnology Research and Training Center• The Center’s main sustainable research project are: 1. Honey Bees and Honey Bee Products 2. Mass production of beneficial nematodes
  18. 18. UNC Pembroke Honey Bee Research• New Director: Dr. Reggie Oxendine Jr.• Research promotes the art and business of beekeeping.• Honey bee industry injects $6 million into N.C. agriculture• From 2006-2011, bees accounted for 68% fruit and vegetable production in N.C. (~25% of total crop productivity)
  19. 19. UNC Pembroke Honey Bee Research• UNCP gifted, sold, and established hives for:  Farmers  Gardeners  University faculty  High schools  Community colleges• Consults with regional master beekeepers and the Robeson County Beekeepers Association
  20. 20. UNC Pembroke Honey Bee Research• Future honey bee initiatives include:  Use of beneficial nematodes to protect hives from hive beetles and wax moths  Rearing queen honey bees for commercialization  Production and harvesting honey, honeycomb and other honey bee related products for commercialization
  21. 21. Mass Production of Beneficial Nematodes• Beneficial nematodes are a safe and organic alternative to chemical insecticides• These nematodes parasitize crop insect pests• Species that are currently researched are Heterorhabditis bacteriophora and Steinernema carpocapsae.
  22. 22. Mass Production of Beneficial Nematodes• Nematodes are mass produced in fermentation systems with their microbial counterparts• Counterparts are Photorhabdus luminescens and Xenorhabdus nematophila• Mass production has significant economic potential due to minimum global producers
  23. 23. Mass Production of Beneficial Nematodes• Mass production technology is mainly proprietary and complex• Mass production approach heavily focuses on: Fermentation technology  Entomology Bacteriology  Symbiosis Nematology
  24. 24. Mass Production of Beneficial Nematodes• Partnerships with local farmers and gardeners will enable the Center to field- test nematode products such as efficacy, safety and application rates.
  25. 25. Mass Production of Beneficial Nematodes• During one month, two maximum capacities (40 liters) of medium can be processed.• Current technologies allow for batch production yields* of: – 4 billion (H. bacteriophora) • 8 billion nematodes per month – 8 billion (S. carpocapsae) • 16 billion nematodes per month *Yields results from nematode recovery, life cycle, & egg production
  26. 26. Potential Profit Margin of Nematodes Theoretically based upon current distributor pricing: H. bacteriophora S. carpocapsaePackage UNCP Retail Production cost Profit per UNCP Retail Production cost Profit perquantity price per package* package price per package* package 10 $29.95 -$5.69 $24.26 $29.95 -$2.84 $27.11million 50 $67.75 -$28.44 $39.31 $67.75 -$14.22 $53.53million 250 $198.00 -$142.19 $55.81 $198.00 -$71.10 $126.90million *Indirect and packaging costs not included
  27. 27. Monthly Analysis of Nematode Production Theoretically based upon current retail pricing: H. bacteriophora Package Packages Retail Production Total sales Profit quantity produced price cost * 10 800 $29.95 $23,960.00 $4,555.00 $19,405.00 million 50 160 $67.75 $10,840.00 $4,555.00 $6,285.00 million 250 32 $198.00 $6,336.00 $4,555.00 $1,781.00 million S. carpocapsae Package Packages Retail Production Total sales Profit quantity produced price cost **Indirect 10 and packaging million 1,600 $29.95 $47,920.00 $4,555.00 $43,365.00 costs not included 50 320 $67.75 $21,680.00 $4,555.00 $17,125.00 million 250 64 $198.00 $12,672.00 $4,555.00 $8,117.00 million
  28. 28. Mass Production of Beneficial Nematodes• Current product produced by UNCP Biotechnology is Brave-Guard.• Product consisting of Heterorhabditis bacteriophora nematodes• Patent application for media formulation and process technology has been initiated through University channels
  29. 29. Current Situation• UNCP has the ability to commercialize beneficial nematodes.• Production scale-up is the next challenge• The employment of three full-time scientists by the University• The development of Brave-Guard
  30. 30. Current Situation• A course involving invention and new product development has been proposed for UNCP curricula.• Elevator competitions have been created from outside support• The development of four business startups• $350,000 has been raised for a new business incubator in downtown Pembroke.
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