Rural economic development outline [public]

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Rural Economic Development

Ecommerce Model

Why Ecommerce?

• Geographically agnostic• High paying skill sets• Arkansas Economic Development Commission

support• Partnering with Education

Players

Private Investment

Local Education

State of Arkansas

Physical Requirements

• Fast and reliable internet connection• Warehouse space for inventory• Logistics infrastructure

AEDC Support

• Arkansas State Income Tax Credit – 33% and transferable

• Technology Validation Fund – 9:1 match for $100,000

• Risk Matching Funds – 20% investment from State of Arkansas

• Training Credits• Payroll Credits

Career Opportunities

Benefits of Digital Marketing Curriculum

• Increase enrollments• Increase in student job placements• Job placements at higher average salary

New Co. Vision

• Create Holding Company for ecommerce portfolio of companies

• Acquire cash flowing company• Use cash flow to finance other profitable

ecommerce companies• Use trained staff and infrastructure across

portfolio for operational efficiencies