1. The Green Economy & Rural North Carolina Presented at the Annual Meeting of the Rural Economic Development Organization October 2, 2008 John Hardin, Ph.D. * Acting Executive Director North Carolina Board of Science & Technology www.ncscitech.com *with considerable assistance from RV Rikard, Grants Administrator, NCBST

3. NC Board of Science and Technology

7. Economic Context in NC

16. Summary of National Position NC ranks in the 2nd tier of innovative states Milken Institute: State Technology and Science Index: Enduring Lessons for the Intangible Economy (2008)

18. Location of University R&D

19. Location of Patent Awards

20. Location of Venture Capital

22. Location of Businesses

23. Location of High-tech Businesses

24. Location of Master’s Degree Holders

25. Location of Bachelor’s Degree Holders

26. Location of Associate Degree Holders

27. Location of Secondary Ed Institutions

28. In conclusion . . .

29. Green Economy in the US

30. In its infancy

31. But it’s starting to wake up and make itself known

32. And it is sometimes politically sensitive

38. Examples of Green Economy Jobs

39. Green Economy in NC

44. NC Green Business Fund enacted in 2007; given $1 million

45. Purpose: The North Carolina Green Business Fund is designed to award funds (up to $100,000 per project) to North Carolina small for-profit and non-profit businesses, and State and local governmental entities, to encourage the development and commercialization of promising green technologies RV Rikard NCBST (c) 2008

50. Where did proposals come from?

52. Where were grants awarded?

53. 2008 Awardees