INVESTORS & FINANCIALS
$1,125,164 RAISED
Through the generous support from our investors the Economic Development Partnership of North Carolina raised $1,125,164 in private funds for the 2023 calendar year, surpassing our total for 2022.
NEW INVESTORS
2023 marked a year of growth, with increased contributions and 16 new investors joining the pool of 59 current investors.
At the beginning of 2024, the investor relations team welcomed Blair Holland as the new Investor Relations Specialist, working with Investor Relations Director Liz Scruggs on fostering relationships with new and current investors.
The EDPNC is grateful to each of its investors for their ongoing financial support and involvement in its mission. The generous support of our investors enables the EDPNC to allocate resources where they are needed most and to operate at a high level, build strong partnerships, and provide excellent customer service in every interaction to improve the economic well-being and quality of life for all North Carolinians.
The EDPNC is grateful to each of its investors for their ongoing financial support and involvement in the EDPNC’s mission to improve the economic well-being and quality of life for all North Carolinians.
Throughout the year, the EDPNC’s Board of Directors holds its four quarterly meetings in locations across the state. Board members, investors, and guests are invited to pre-meeting activities for education and fellowship. For example, the board’s Q4 2023 meeting held December 7 was hosted by the Research Triangle Foundation, an EDPNC investor. Participants heard from the foundation about the next phase of the Research Triangle Park which includes more housing and commercial space. Representatives from the EDPNC’s Marketing and Research, Business Recruitment and Development, and Visit NC teams also provided updates on business and tourism marketing efforts and a look at the past, present, and future of business recruitment and development in the state. Participants were also able to join EDPNC Board of Directors Chairman Gene McLaurin for a luncheon and a tour of Research Triangle Park.
To learn more about investing in the EDPNC, please contact:
Liz Scruggs
Director of Investor Relations
984.303.5854
liz.scruggs@edpnc.com
FINANCIALS
The Economic Development Partnership of North Carolina receives state funding through its contract with the North Carolina Department of Commerce as well as private investment from companies, individuals, and foundations.
In fiscal year 2023, running from July 1, 2022, through June 30, 2023, the partnership received $52,289,089 in total revenue and had expenses totaling $51,046,309.
