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4. Fund "Jump Start" business development <br /> fund to assist with rent on start-up <br /> businesses <br /> 5. Work with Planning to address issues <br /> rPlatPC� tn Sinn C)rc�inanrP <br /> � <br /> A. Develop an Innovations Team with the University as <br /> a think tank for economic development. <br /> B. Continue Town/Gown Economic Development <br /> - Working Group <br /> A. Work with our community partners to develop <br /> incentives for green development, jobs and <br /> business opportunities. <br /> A. Continue our welcoming environment for a diverse <br /> workforce <br /> B. Continue and diversify our strong affordable and <br /> workforce housing policies. <br /> -Complete Housing market study <br /> Mayor Kleinschmidt said that with this plan they learned from people who do or did do <br /> business in Chapel Hill. He said that the Krispy Kreme project was special because it allowed <br /> the Town to put into effect what they had developed from their permitting processes, etc. This <br /> business was opened in 30 days. It is an example of how far they have come as a Town by <br /> following this new economic development work plan. <br /> Frank Clifton said that the County, because of its size, cannot have a plan for delivering <br /> economic development services that is all the same, but has to be diversified depending on <br /> the communities it is working with. He said that in a very short space of time, there have been <br /> businesses that have come forward and in a joint collaborative effort, the Towns of Chapel Hill, <br /> Mebane, and Hillsborough along with Orange County put together an economic development <br /> package of opportunities. <br /> Gene Pease said that Gary Shope made the point that for this to be successful that <br /> there needs to be an investment in infrastructure. He asked if anything has changed and if <br /> this was going to be done in their lifetime. <br />