[Durham INC] EDLedger 2012 Volume 4

Mon Dec 17 15:29:38 EST 2012

Contact and follow usat:
https://twitter.com/DurhamOEWD
http://www.facebook.com/DurhamOEWD
www.DurhamEconomicDevelopment.org

Message from the Director:
Perhaps many of you do not know that the City of Durham attaches Durham Based Business Plans to economic development incentives that involve private construction projects. 24% of the $2M Save-A-Lot construction project went to Durham firms and over 37% of  the $10 M old Y.E. Smith School construction project will eventually be going to Durham firms. These plans are non-mandatory business retention.  They work!
Your Partner in Success, Kevin Dick

OEWDNews:
Durham is a Finalist 
The city has been selected as a finalist for the Bloomberg Philanthropies’ Mayors Challenge, a competition created to inspire American cities to generate innovative ideas that solve major challenges and improve city life – and that ultimately can be shared with other cities across the nation.  Durham was selected based on its innovative idea to create entrepreneurship hubs in three distressed neighborhoods.

Announcement:
Alliance for Innovation , in a very competitive process, has chosen  OEWD and partners Downtown Durham Inc., Bull City Burger and Brewery, and Capitol Broadcasting Company to present a case study entitled: The Anatomy of Cool: How Public-Private Partnerships Can Create the Momentum to bring out the “Cool” in your City.  We will represent Durham in Atlanta at the Transforming Local Governments conference in April.

Call For Participants, Deadline January 15th, 2013
The City of Durham has approved a grant recommended by the Cultural Advisory Board for a Civil Rights Mural to be created by the community under the guidance of  artist Brenda Miller Holmes at 112 E. Main Street. Durham youth (ages 15-20) and adults please apply for the educational and artistic experience and make a lasting mark on the Durham landscape while commemorating Durham’s rich history.   
Applications are available at www.BrendaMiller Holmes.com. 

DOWNTOWN UPDATE
Holland Hotel  brings rooms, restaurant, and bar
Gentian Group, composed of Durham investors, have received commitments of performance-based incentives from the City of Durham and Durham County enable the group to transform the  former Mutual Community Savings Bank building at 315 E. Chapel Hill St. into a 54-room hotel with a restaurant and rooftop bar.  The total public and private investment in the 41,000 square foot project is expected to exceed $11 million. The hotel is slated to create about 89 permanent jobs by 2014  and 100 temporary jobs during the redevelopment stage. 

GOVERNMENT
CERTIFICATION SEMINAR
OEWD’s Small Business Advisory Committee sponsored a seminar on Historically Underutilized Business (HUB), 8 (a), NC Statewide Uniform Certification and the City of Durham’s Small Disadvantaged Business Enterprise Certification Program.  Have you ever wondered if your business would qualify and what advantages there are for businesses when they are bidding on contracts with the government? All presentations and a recording of the seminar are available on line at:  http://durhamnc.gov/ich/cb/oewd/Pages/Businesses.aspx        
ED LEDGER 2012 VOLUME 4

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