The Alamance County Area Chamber of Commerce launched an evaluation of the small business and entrepreneur (SB/E) ecosystem to assess whether there is an opportunity to increase start-ups and help grow small businesses. The evaluation resulted in an action plan for small business and entrepreneurship that fits with the Chamber’s mission to “stimulate economic vitality.”
The ecosystem evaluation included an analysis of SB/E economic data, development of a resource inventory, engaging small business and entrepreneurs, evaluation of the county economic base, assessment of gaps, best practices, and an action plan. The study process was led by a task force established by the Chamber.
The action plan is based on connecting SB/E to resources and each other; communicating events, opportunities, and resources; and increasing Chamber resources that support SB/E. As the leading business association and loudest voice for business in Alamance County, the Chamber can play an important role in raising awareness of small business and entrepreneurship, advocating for policy changes, and delivering the personal connections that are so critical to entrepreneurs.