Rural economic development outline [public]
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Transcript of Rural economic development outline [public]
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