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NOVEMBER 2015
A PLACE WHERE
ENTREPRENEURS
SUCCEED
AdvantageWest launched in 2007
10 certified communities
◦ Black Mountain
◦ Burke County
◦ Eastern Band of Cherokee Indians
◦ Haywood County
◦ Macon County
◦ Mitchell County
◦ Polk County
◦ Transylvania County
◦ Watauga County
◦ Yancey County
“We all figured out that if we operate in a silo it just doesn’t
work,” said Jason Triplett, CEC® team member. “But when we
partner we spur all of us on, and we use all our strengths.
The result is more awareness of how we value entrepreneurs
and more passion for this in the community.”
That entrepreneurial spirit helped the CEC® leadership team
complete the certification process. “We were already doing
it, so this was just a natural next step,” said Joe. “We knew
we could learn and share ideas, and doing this further
emphasized our desire to sustain that entrepreneurial
culture.” Joe Furman, Watauga County, CEC® team leader.
In order to be
transformed to a fee-
for-service program,
an overhaul was
needed.
Timeline
Clear
process
Measurable
Ongoing
support
Value
proposition
Creative EDC purchased in June 2015
AdvantageWest closed
Creative Economic Development Consulting
Entrepreneurial Places
Innovative Economies
Crystal Morphis
Leslie Scott
Emily Breedlove
Entrepreneurship is a proven economic
development strategy to create jobs, encourage
economic diversification, and revitalize
communities.
Enhances community capacity to
◦ Streamline the startup process
◦ Connect existing assets
◦ Grow vibrant existing businesses
◦ Attract new innovative ventures into the region
◦ Open the doors for additional market opportunity.
2013
Evaluation
Best
Practices
Leveraging
Partners
CEC
Ecosystem
Assessment
Action
Plan w/
Score Card
Task
Teams
CoachingEvaluation
Certification
Action Plan
Y2
We start the process having already completed an
ecosystem assessment. We come to the first
meeting with data ready to share.
◦ Baseline Research
◦ Develop a Leadership Team
◦ Resource Directory
◦ Entrepreneur focus group
The first meeting is a work session to identify two
entrepreneur activities for focus (examples: local food, youth
entrepreneurship, etc.).
Business Plan Competitions
Youth Business Plan Competitions
Revolving Loan Funds
Angel Investor Network
Cluster specific (Creative Placemaking/Arts/Culture/Heritage, Local Foods
Systems/Agribusiness, Technology/Innovation, Green/Sustainability/
Wellness, Manufacturing, Tourism(eco/agro)/Hospitality/Outdoor
Recreation)
Expos/Conferences
Local Food
Buy-Local Campaigns
Youth Entrepreneurship & Leadership Development
The second meeting reviews the action plan, score
card, establishes task teams, and defines the work
process for the next 6 months.
The third meeting will present results of task team work,
formally certify the community, and action plan for Year 2.
Best practices
Networking
Show casing communities
A recertification fee covers ongoing coaching and action
planning for the next year.
To be recertified each year, the community must show
progress toward meeting objectives on the Score Card.
Coaching and
Technical
Support
Ecosystem
Assessment
Action Plan
Score Card
Year 1
Use of logo
&
designation
Annual Best
Practices
Meeting
Web Portal
Access
Action Plan
Score Card
Year 2
January and July Cohorts
◦ Application deadlines are January 15 and July 15
How to Apply
◦ www.creativecec.com
$20,000 (plus travel) for North Carolina counties
Discount for multiple counties working as a region
◦ Workforce region, economic development region, COG region, etc.
$6,000 (plus travel) for recertification
www.creativeedc.com
www.creativesiteassessment.com
www.creativecec.com
www.blog.creativeedc.com

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AdvantageWest Launched Certified Entrepreneurial Community Program

  • 3. AdvantageWest launched in 2007 10 certified communities ◦ Black Mountain ◦ Burke County ◦ Eastern Band of Cherokee Indians ◦ Haywood County ◦ Macon County ◦ Mitchell County ◦ Polk County ◦ Transylvania County ◦ Watauga County ◦ Yancey County
  • 4. “We all figured out that if we operate in a silo it just doesn’t work,” said Jason Triplett, CEC® team member. “But when we partner we spur all of us on, and we use all our strengths. The result is more awareness of how we value entrepreneurs and more passion for this in the community.” That entrepreneurial spirit helped the CEC® leadership team complete the certification process. “We were already doing it, so this was just a natural next step,” said Joe. “We knew we could learn and share ideas, and doing this further emphasized our desire to sustain that entrepreneurial culture.” Joe Furman, Watauga County, CEC® team leader.
  • 5. In order to be transformed to a fee- for-service program, an overhaul was needed. Timeline Clear process Measurable Ongoing support Value proposition
  • 6. Creative EDC purchased in June 2015 AdvantageWest closed
  • 7. Creative Economic Development Consulting Entrepreneurial Places Innovative Economies Crystal Morphis Leslie Scott Emily Breedlove
  • 8. Entrepreneurship is a proven economic development strategy to create jobs, encourage economic diversification, and revitalize communities. Enhances community capacity to ◦ Streamline the startup process ◦ Connect existing assets ◦ Grow vibrant existing businesses ◦ Attract new innovative ventures into the region ◦ Open the doors for additional market opportunity.
  • 9.
  • 12. We start the process having already completed an ecosystem assessment. We come to the first meeting with data ready to share. ◦ Baseline Research ◦ Develop a Leadership Team ◦ Resource Directory ◦ Entrepreneur focus group
  • 13. The first meeting is a work session to identify two entrepreneur activities for focus (examples: local food, youth entrepreneurship, etc.).
  • 14. Business Plan Competitions Youth Business Plan Competitions Revolving Loan Funds Angel Investor Network Cluster specific (Creative Placemaking/Arts/Culture/Heritage, Local Foods Systems/Agribusiness, Technology/Innovation, Green/Sustainability/ Wellness, Manufacturing, Tourism(eco/agro)/Hospitality/Outdoor Recreation) Expos/Conferences Local Food Buy-Local Campaigns Youth Entrepreneurship & Leadership Development
  • 15. The second meeting reviews the action plan, score card, establishes task teams, and defines the work process for the next 6 months.
  • 16. The third meeting will present results of task team work, formally certify the community, and action plan for Year 2.
  • 18. A recertification fee covers ongoing coaching and action planning for the next year. To be recertified each year, the community must show progress toward meeting objectives on the Score Card.
  • 19. Coaching and Technical Support Ecosystem Assessment Action Plan Score Card Year 1 Use of logo & designation Annual Best Practices Meeting Web Portal Access Action Plan Score Card Year 2
  • 20. January and July Cohorts ◦ Application deadlines are January 15 and July 15 How to Apply ◦ www.creativecec.com
  • 21. $20,000 (plus travel) for North Carolina counties Discount for multiple counties working as a region ◦ Workforce region, economic development region, COG region, etc. $6,000 (plus travel) for recertification