What are the key industries in North Carolina in the 20th century?
100
Bank of America, Lowes, Hanes Brands Inc, and Duke Energy (James)
What are a few of the 14 Fortune 500 companies and 26 Fortune 1000 headquarters in North Carolina?
100
Fossil fuel mining, semiconductor manufacturing, and “Furniture Capital of the World” (Leah)
What are the leading industries in North Carolina?
100
Debt investment free from federal taxation used to finance capital improvement projects
What are Government Bonds? (James)
100
Self-replenishing pool of money, applying interest and principal payments on old loans to issue new ones
What is a Revolving Loan Fund? (Leah)
200
Durham, Chapel Hill, and Raleigh (Leah)
What is the Research Triangle Park?
200
Duke University, North Carolina State University, University of North Carolina at Chapel Hill, and Wake Forest University (Lok)
What are a few of the best colleges in North Carolina?
200
Rising poverty rate (James)
What is a major threat to rural North Carolina communities?
200
Debt investment involving a private entity and government entity that is free from federal taxation and has both private and public benefits
What are Qualified Private Activity Bonds? (Jack)
200
Gap financing tool that provides loans or investments for businesses that may not qualify for a traditional bank loan. The business usually has to cede some control or give a position to the lender.
What is a Mezzanine Fund? (Jack)
300
Population of North Carolina (Leah)
What is 10 million people?
300
Higher poverty rate than U.S. and aging population (Jack)
What are two of North Carolina weaknesses?
300
Reliance on being a fossil fuel exporter (Jack)
What is the largest issue causing the rising poverty rate in rural North Carolina?
300
North Carolina's bond rating as stated by Fitch Rating Agency
What is AAA bond rating? (James)
300
Program has a mutual agreement between the government and the bank where the government deposits a sum of money into a bank account to have the bank lower its interest rate off loans for borrowers in need
What is a Linked Deposit Program? (James)
400
North Carolina's poverty rate (James)
What is 15.4% of the population?
400
North Carolina business climate ranked by Forbes as the #2 state with the lowest business costs, 10.3% below the national average (Jack)
What is a competitive advantage North Carolina has?
400
Advances in agricultural technology and automation
(Lok)
What are the potential causes of a failing agriculture market in North Carolina?
400
Tool used to capture the future tax benefits of a real estate improvement project in order to pay for the present costs of the improvement project
What is Tax Increment Financing? (Jack)
400
Direct investment tool that encourages wealthy foreign individuals to invest in U.S. based economic development projects that create jobs
What is EB-5? (Lok)
500
Nonprofit, public private partnership focused on recruiting new businesses to the state (Lok)
What is the Economic Development Partnership of North Carolina (EDPNC)?
500
Below average number of high-school graduates and college educated (Leah)
What is one of the weaknesses of North Carolina?
500
High population growth and steady, educated workforce (Jack)
What are the opportunities for North Carolina to expand its businesses?
500
Tool designed to encourage the redevelopment of land deemed contaminated through the use of tax incentives, TIFs, loan funds, and grants
What is Brownfield Financing? (Leah)
500
Program that typically shifts any risk from the investor to a third party which is generally a government entity