Kenrett Y' JeffersonMoore, Ph'D'

1
Rural Entrepreneurship Development in
Southeastern North Carolina
Kenrett Y. Jefferson-Moore, Ph.D. Seminar
Presentation Ege University Faculty of
Agriculture Department of Agricultural
Economics Wednesday, November 7, 2007 Bornova,
Izmir, Turkey
North Carolina Agricultural Technical State
University School of Agriculture Environmental
Sciences Department of Agribusiness, Applied
Economics, Agriscience Education
North Carolina Agricultural Technical State
University School of Agriculture Environmental
Sciences Department of Agribusiness, Applied
Economics, Agriscience Education Assistant
Professor of Agribusiness
2
Seminar Outline
1. Overview of NC Agriculture
2. Overview of the Southeastern Region of NC
3. The Rural Entrepreneurship Project
4. Research Interests
North Carolina Agricultural Technical State
University School of Agriculture Environmental
Sciences Department of Agribusiness, Applied
Economics, Agriscience Education
3
Overview of NC Agriculture
North Carolina Agricultural Technical State
University School of Agriculture Environmental
Sciences Department of Agribusiness, Applied
Economics, Agriscience Education
4
Overview of NC Agriculture
Agricultures Importance to the North Carolinas
Global Economy
Agriculture Textiles/Apparel
Information Technology
NC Global Economy
Furniture
Biotechnology
Manufacturing
North Carolina Agricultural Technical State
University School of Agriculture Environmental
Sciences Department of Agribusiness, Applied
Economics, Agriscience Education
5
Overview of NC Agriculture (Cont.)

• 2002 North Carolinas Leading Commodities (by
  value of 1,000 sales)
• Poultry and Eggs (2,382,365)
• Hogs and Pigs (2,183,646)
• Tobacco (630,397)
• Nursery, Greenhouse, Floriculture, and Sod
  (424,478)
• Grains, Oilseeds, Dry Beans, and Dry Beans
  (359,296)
• Vegetables, Melons, Potatoes and Sweet Potatoes
  (215,247)

Source USDA, NASS 2002
North Carolina Agricultural Technical State
University School of Agriculture Environmental
Sciences Department of Agribusiness, Applied
Economics, Agriscience Education
6
Overview of NC Agriculture (Cont.)
Grains
Vegetables
Nursery Greenhouse
Poultry Eggs
Tobacco
Hogs Pigs
Source USDA, NASS 2002
North Carolina Agricultural Technical State
University School of Agriculture Environmental
Sciences Department of Agribusiness, Applied
Economics, Agriscience Education
7
Overview of NC Agriculture (Cont.)
Source USDA, NASS 2002
North Carolina Agricultural Technical State
University School of Agriculture Environmental
Sciences Department of Agribusiness, Applied
Economics, Agriscience Education
8
Overview of NC Agriculture (Cont.)
Grains
Vegetables
Nursery Greenhouse
Hogs Pigs
Tobacco
Poultry Eggs
Source USDA, NASS 2002
North Carolina Agricultural Technical State
University School of Agriculture Environmental
Sciences Department of Agribusiness, Applied
Economics, Agriscience Education
9
Overview of NC Agriculture (Cont.)

• Hogs and Pigs
• Second leading producer in the U.S.
• 2002 Inventories (population) 9,887,421
• Leading pork producers
• Smithfield Foods (Virginia-based)
• Fortune 500 company
• A world leader in hog production
• Vertical integration structure
• Prestage Farms
• Premium Standard Farms

Source(s) USDA, NASS 2002 North Carolina and
the Global Economy 2004
North Carolina Agricultural Technical State
University School of Agriculture Environmental
Sciences Department of Agribusiness, Applied
Economics, Agriscience Education
10
Overview of NC Agriculture (Cont.)
Grains
Vegetables
Nursery Greenhouse
Tobacco
Poultry Eggs
Hogs Pigs
Source USDA, NASS 2002
North Carolina Agricultural Technical State
University School of Agriculture Environmental
Sciences Department of Agribusiness, Applied
Economics, Agriscience Education
11
Overview of NC Agriculture (Cont.)
North Carolina Agricultural Technical State
University School of Agriculture Environmental
Sciences Department of Agribusiness, Applied
Economics, Agriscience Education
12
Overview of NC Agriculture (Cont.)

• Tobacco
• Leading producer in the U.S. of flue-cured
  tobacco
• 2002 Number of producers 7,850
• Tobacco Acreage 167,677 acres
• Average Tobacco Acreage per Farm 21.4

Source USDA, NASS 2002
North Carolina Agricultural Technical State
University School of Agriculture Environmental
Sciences Department of Agribusiness, Applied
Economics, Agriscience Education
13
Overview of the Southeastern Region
North Carolina Agricultural Technical State
University School of Agriculture Environmental
Sciences Department of Agribusiness, Applied
Economics, Agriscience Education
14
Overview of the Southeastern Region of NC

• Seven Economic Development Regions
• Advantage West
• Charlotte
• Piedmont Triad
• Research Triangle
• Southeast
• Eastern
• Northeast

Source NC Department of Commerce
North Carolina Agricultural Technical State
University School of Agriculture Environmental
Sciences Department of Agribusiness, Applied
Economics, Agriscience Education
15
Overview of the Southeastern Region of NC (Cont.)
Source NC Department of Commerce
North Carolina Agricultural Technical State
University School of Agriculture Environmental
Sciences Department of Agribusiness, Applied
Economics, Agriscience Education
16
Overview of the Southeastern Region of NC (Cont.)
Source NC Rural Economic Center and NC
Department of Commerce
North Carolina Agricultural Technical State
University School of Agriculture Environmental
Sciences Department of Agribusiness, Applied
Economics, Agriscience Education
17
Overview of the Southeastern Region of NC (Cont.)
North Carolina Agricultural Technical State
University School of Agriculture Environmental
Sciences Department of Agribusiness, Applied
Economics, Agriscience Education
18
Overview of the Southeastern Region of NC (Cont.)

• Socioeconomic Indicators
• Unemployment Rates
• Poverty Rates
• Educational Backgrounds
• Agricultural Receipts

Source NC Rural Economic Center and NC
Department of Commerce
North Carolina Agricultural Technical State
University School of Agriculture Environmental
Sciences Department of Agribusiness, Applied
Economics, Agriscience Education
19
Overview of the Southeastern Region of NC (Cont.)
Unemployment Rates
Source NC Rural Economic Center and NC
Department of Commerce
North Carolina Agricultural Technical State
University School of Agriculture Environmental
Sciences Department of Agribusiness, Applied
Economics, Agriscience Education
20
Overview of the Southeastern Region of NC (Cont.)
Poverty Rates
Source NC Rural Economic Center and NC
Department of Commerce
North Carolina Agricultural Technical State
University School of Agriculture Environmental
Sciences Department of Agribusiness, Applied
Economics, Agriscience Education
21
Overview of the Southeastern Region of NC (Cont.)
Percentage of College Graduates
Source NC Rural Economic Center and NC
Department of Commerce
North Carolina Agricultural Technical State
University School of Agriculture Environmental
Sciences Department of Agribusiness, Applied
Economics, Agriscience Education
22
Overview of the Southeastern Region of NC (Cont.)
Source NC Rural Economic Center and NC
Department of Commerce
North Carolina Agricultural Technical State
University School of Agriculture Environmental
Sciences Department of Agribusiness, Applied
Economics, Agriscience Education
23
The Rural Entrepreneurship Project
North Carolina Agricultural Technical State
University School of Agriculture Environmental
Sciences Department of Agribusiness, Applied
Economics, Agriscience Education
24
The Rural Entrepreneurship Project (Cont.)

• Major Strengths (Available Resources)
• Business Incubators
• Chambers of Commerce
• Community Development Corporations, North
  Carolina Rural Center
• Council for Entrepreneurial Development
• Lead Regional Organizers
• Microenterprise Loan Program Sites
• North Carolina Community Development Initiative,
  Inc., CDCs
• North Carolina Center for Women Business Owners
• Small Business and Technology Development Center
• Small Business Center Network

Source NC Rural Economic Center
North Carolina Agricultural Technical State
University School of Agriculture Environmental
Sciences Department of Agribusiness, Applied
Economics, Agriscience Education
25
The Rural Entrepreneurship Project (Cont.)

• Major Weaknesses (Unavailable Resources)
• Chamber of Commerce and Incubators are absent
  from Bladen County
• Community Development Corporations only available
  in Columbus County
• Microenterprise Loan Program sites in all
  counties with the exception of Scotland
• CDCs are limited to neighboring metro areas
  Fayetteville and Wilmington (outside geographical
  area)
• Small Business Centers available in all counties
  excluding Scotland County

Source NC Rural Economic Center
North Carolina Agricultural Technical State
University School of Agriculture Environmental
Sciences Department of Agribusiness, Applied
Economics, Agriscience Education
26
The Rural Entrepreneurship Project (Cont.)

• Suggestions for Future Outreach Activities
  Promoting Job Creation through Entrepreneurship
• Easier Access to Available Resources Business
  Incubation, Community, Technical
  Networking/Support
• An Increase in Training Business and Marketing
  Plan Development
• An Increase in One-on-One Consultation
• Organization Peer Networks
• An Increase in Funding Opportunities
• Communication Information! Information!
  Information!

North Carolina Agricultural Technical State
University School of Agriculture Environmental
Sciences Department of Agribusiness, Applied
Economics, Agriscience Education
27
Thank You
Any Questions?
North Carolina Agricultural Technical State
University School of Agriculture Environmental
Sciences Department of Agribusiness, Applied
Economics, Agriscience Education