Rural economic development outline [public]

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Rural Economic Development Ecommerce Model

description

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Transcript of Rural economic development outline [public]

Page 1: Rural economic development outline [public]

Rural Economic Development

Ecommerce Model

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Why Ecommerce?

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

support• Partnering with Education

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Players

Private Investment

Local Education

State of Arkansas

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Physical Requirements

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

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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

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Career Opportunities

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Benefits of Digital Marketing Curriculum

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

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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