Several Regional Advocate level investors in the NCEast Alliance recently committed to extend their support for another year. Funding from private employers is critical to the ability of the Alliance to carry out its mission of promoting wealth and job creation in 28 eastern North Carolina counties through company retention and recruitment as well as collaborating on elevating STEM education and advocating for infrastructure improvements that move the region forward.
RSM US LLP (“RSM”) and Nixon Peabody of Raleigh have continued their investments in NCEast Alliance. Both companies have partnered with NCEast on multiple projects, especially foreign-based firms entering the US market, on the establishment of Corporate Entities and various tax strategies.
RSM is the nation’s leading provider of audit, tax and consulting services focused on the middle market. The firm has an office in New Bern, NC in addition to 86 additional offices nationwide, and serves clients in eastern North Carolina and around the globe. In addition to the firm’s financial contribution, Jeff Williams, partner in New Bern, and his associates have also given their time to meet with emerging companies that are poised for growth.
“RSM is pleased to continue its relationship with NCEast Alliance,” said Williams. “We especially enjoy meeting with prospects who are first- time investors in the United States, and helping guide them through the opportunities and challenges of this new environment. We appreciate the diligent work of NCEast Alliance to bring new investments into the region.”
About 50% of NCEast clients are companies from various countries literally around the globe – from Australia to South Africa to India. Foreign Direct Investment (FDI) has been a significant contributor to region growth over the last decade.
“These two companies have been incredibly important to our success in drawing foreign companies to eastern North Carolina,’ said Vann Rogerson, NCEast’s primary person responsible for global marketing and client handling. “Their services are critical to ensuring our clients get off to the right start in coming to the US,” he continued.
BB&T renewed their investment and support of NCEast Alliance. BB&T has assisted NCEast Alliance foreign projects in setting up their first U.S. bank account. BB&T first had its beginnings in 1872 in Wilson, NC and serves many locations in the 28 counties represented by NCEast in eastern North Carolina. Jon Anderson, Market President of BB&T in Greenville, has been a key supporter of the mission of NCEast with willingness to meet with national as well as international clients and assist in setting up their first domestic bank account.
“BB&T is proud to continue partnering with NC East Alliance and assist new industries that they bring to Eastern NC with their banking services. John and his team have been advocates for our region and continue to showcase the assets of Eastern NC to businesses all over the world” said Anderson.
Duke Energy which assists with hosting clients and providing information on electric services and rates has also opted to continue their investment in NCEast Alliance. Duke Energy has been a consistent sponsor of NCEast Alliance events including the annual State of the Region, the E2 Summit as well as a prime supporter of STEM East, a partnership of public schools and employers dedicated to improving the quality of education through a focused effort on STEM education.
Other service providers such as The East Group and Timmons Group have both recently continued their investments in NCEast. The East Group based in Greenville, offers architectural and engineering services to manufacturing and other sectors. Timmons Group with offices in Elizabeth City and several other communities offers civil engineering, structural, environmental, electrical, geotechnical, GIS/geospatial technology, landscape architecture, and surveying services.
The NCEast Alliance relies on the continued support of its investors to fund activities such as client relations and project development. NCEA members help support the retention of existing industry, entrepreneurship, workforce development (through the STEM East network) and advocacy for the region.