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North Carolina Economic Development Board

This board makes recommendations to the Secretary of Commerce, the Governor, and the General Assembly.

The North Carolina Economic Development Board oversees state economic development research and planning and makes policy recommendations to the Secretary of Commerce, the governor and the General Assembly.

 

The 37-member Board is composed of:

  • State government officials
  • Citizens representing non-profits, economic development organizations, and private industry appointed by the governor
  • Four members of the North Carolina House of Representatives
  • Four members of the North Carolina Senate

 

Enabling Statutes Enabling Statutes 

 

Board Duties

 

The North Carolina General Statutes assigns the following duties:

  • Provide economic and community development planning for the state
  • Recommend economic development policy to the Secretary of Commerce, the General Assembly and the governor
  • Recommend annually to the governor biennial and annual appropriations for economic development programs
  • Develop and update annually a comprehensive strategic economic development plan as provided in G.S. 143B-434.1

 

Board Tasks

 

Consistent with the statutory duties, the governor has assigned the following tasks:

  • Act as the Board of Directors for economic development in the state, including providing guidance to the regional partnerships and the department secretaries of Commerce, Revenue, Environment and Natural Resources and Transportation
  • Develop a comprehensive economic development plan including, among other components:
    • Recruitment strategies, including incentives  
    • Prioritization and coordination of economic development investments
    • Workforce development
    • Collaboration with education and research institutions
    • Coordination of agencies, foundations and boards involved in economic development
    • Development of future technologies
  • Advocate for and hold state economic development entities accountable for implementation of the state economic development plan

 

Board Members' Responsibilities

 

Board members have three primary duties:

  • Attend Meetings Regularly - Board members should attend at least 50% of all Board and committee meetings.
  • Serve on a Committee - Each board member should regularly attend and participate in the work of their assigned committee. Each committee decides how often to meet in order to make progress on its part of the Board's economic development strategy for North Carolina.
  • Advocate the Board's Recommendations - This advocacy role may involve meeting with General Assembly members or explaining the Board's position to local civic organizations.

 

Meetings

News and Reports

Strategic Plans

Board Members


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