Rural economic development outline [public]
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Transcript of Rural economic development outline [public]
![Page 1: Rural economic development outline [public]](https://reader035.fdocuments.net/reader035/viewer/2022081907/54c33f874a795904278b4589/html5/thumbnails/1.jpg)
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