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NCGrowth recently wrapped up an exciting project with Freedom Org, aimed at transforming agricultural access and economic opportunity in Edgecombe County, NC. The Freedom Org Farm Incubator & Equipment Share Program is designed to support new and underserved farmers by providing access to land, tools, and training—creating a path toward food security, economic resilience, and health equity. With 44% adult obesity, 5.2% unemployment, and rising food insecurity, Edgecombe County faces significant challenges. The region also has a majority Black and low-income population that has historically lacked access to agricultural resources and education. By creating an incubator for small farmers and a shared equipment program, Freedom Org and NCGrowth are addressing these disparities head-on. The Farm Incubator provides a 2–5 year training program where participants lease land plots, receive mentorship, and gain market access to build their farming businesses. Meanwhile, the Equipment Share Program allows farmers to rent tractors, irrigation systems, and harvesters through a leasing or membership model—ensuring that lack of capital is not a barrier to success. By Year 3, the program is expected to generate over $362,000 in revenue, breaking even in under two years. Revenue streams will come from land leasing, crop sales, livestock and poultry, and shared equipment rentals. The initiative is also forging partnerships with local schools, grocery distributors, and community-supported agriculture (CSA) networks to create long-term market opportunities. "Freedom Org’s incubator model isn’t just about farming—it’s about economic freedom, food justice, and empowering historically disinvested communities," said Dr. Darlene Deberry, Project Manager for NCGrowth. As this initiative moves forward, NCGrowth remains committed to supporting innovative solutions that drive inclusive economic development. Stay tuned for more updates on how this project will continue to grow and strengthen rural North Carolina!

On February 25, 2025, NCGrowth and the Kenan Institute for Private Enterprise hosted "Thriving in the Carolinas: Supporting Small Businesses and Communities" at the UNC Kenan Center. This drop-in style event attracted over 100 attendees, including entrepreneurs, community leaders, and students, all dedicated to fostering inclusive economic growth in the Carolinas.

Event Highlights:

  • Interactive Stations: The event featured stations spotlighting various client projects and research initiatives. Attendees explored topics such as tribally-led tourism development, outdoor recreation economies, Hurricane Helene recovery efforts, and innovations by small manufacturers in rural North Carolina.
  • Student Engagement: Students had the opportunity to engage directly with ongoing projects, gaining insights into real-world applications of economic development strategies.
  • Community Collaboration: The gathering facilitated meaningful connections among small business owners, community stakeholders, and academic professionals, promoting collaborative efforts to support local economies.
  • Culinary Delights: Participants enjoyed a delectable lunch from The Shrimp Truck, known for its fresh, quality shrimp offerings like shrimp tacos and quesadillas. For dessert, Elaka Treats – a former NCGrowth client – provided an array of unique globally inspired ice creams.

This event was part of Carolina Engagement Week and was generously sponsored by Partner Community Capital, a Community Development Financial Institution supporting businesses and non-profits in underserved communities across Central Appalachia and the Southeast.

For more information on upcoming events and initiatives, visit NCGrowth's events page.

We are pleased to announce the release of An Assessment of the North Carolina County Distress Rankings (Tiers), a comprehensive study evaluating the effectiveness of North Carolina’s County Distress Rankings System, commonly known as the Tiers System. This report, produced by NCGrowth and the ncIMPACT Initiative with support from the North Carolina Collaboratory, provides key insights into the system’s current application and offers recommendations for improvement.

Key Findings:

  • Many stakeholders lack a deep understanding of the Tiers System and its objectives.
  • The system has little impact on actual economic development deals.
  • Originally designed for a single incentive program, the system is now used broadly across various state and nonprofit programs, often in ways that were not intended.
  • The methodology behind county tier designations is imprecise, leading to arbitrary groupings that do not accurately reflect economic distress.
  • The current calculation method fails to capture meaningful differences between counties, raising concerns about the validity of the rankings.

A Call for Change: The findings suggest that the Tiers System, as currently structured, does not serve as an effective tool for economic development. Stakeholders have expressed a need for alternative models that are more tailored to specific policy goals. The report highlights several questions for future research, including exploring new methods of assessing economic distress and determining the most effective way to allocate resources.

Looking Ahead: As discussions on the future of North Carolina’s economic development policies continue, this report serves as a crucial resource for policymakers, business leaders, and community stakeholders. By rethinking how economic distress is measured and addressed, North Carolina has an opportunity to implement more strategic and equitable solutions for economic growth.

Read the full report and explore the detailed findings: [INSERT PDF]


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