FOR IMMEDIATE RELEASE
October 21, 2014
CHARLOTTE, NC — Mayor Dan Clodfelter spoke with Charlotte business leaders gathered October 21 about the changing economic landscape of Charlotte and its impact on the city’s future.
Mayor Clodfelter’s appearance was part of the Tuesday Topics luncheon series. Attendees of Tuesday Topics events hear from local leaders in the Charlotte Community on the third Tuesday of each month. Clodfelter shared that business and government leaders must embrace the shifting dynamics of the local economy, while looking to the sustainable future of the city.
“Charlotte has traditionally been labeled a banking and financial center, but our economic footprint continues to expand and grow across various sectors,” said Clodfelter. “This diversification mirrors the changing demographics of our communities and positions Charlotte as a hub for economic growth."
Clodfelter also shared the important role entrepreneurship will have moving forward. Charlotte is seeking to attract and keep high growth enterprises and entrepreneurs, as well as venture capital investment.
“Research shows that high growth enterprises account for a disproportionate share of job creation,” said Clodfelter. “Many of the fastest growing young firms, comprising of less than one percent of all companies, account for the roughly 10 percent of new jobs in any given year.”
Clodfelter also stressed the importance of regional collaboration among Charlotte and its surrounding communities.
“The cities in our region do not have the same needs, roles, or responsibilities, but our need for each other becomes greater with time,” said Clodfelter.“We must consider how Charlotte, Matthews, Concord, Rock Hill, Fort Mill, Mt Holly, and our many other communities can work together to ensure that the entire region is prosperous today, tomorrow and beyond.”