• Thomas Lester

Lawmakers propose additional funds for market app, craft incubator

Funding to boost market authority, craft center in city

High Point Market logoThe North Carolina Senate’s budget proposal includes an additional $200,000 earmarked for the High Point Market Authority’s MyMarket app.

Additionally, funds were set aside for a High Point-based incubator for fine craftmaking, including furniture.

State funding for the market is maintained at $3 million in the senate’s $22.9 billion budget. According to a report from the High Point Enterprise, the budget proposal provides $1.8 million for marketing and promotion of the trade show and $1.2 million for transportation services, such as buses and shuttles used by visitors during the spring and fall markets.

The MyMarket app, which launched last spring, recently enhanced some of its features in advance of this year’s spring market. The app rolled out three new features, as well as several upgrades behind the scenes on the admin side.

On the outdoor map, numbered shuttle stops were been added for both the Red Line and Green Line shuttle routes. On the exhibitor profiles, a small preview map was added to help users better understand a showroom’s location. Additionally, in an effort to increase understanding of all the app’s features, a short, five-slide animated tutorial will appear when users open the app for the first time. This tutorial can also be revisited any time by clicking the “Tutorial” link on the “About” page.

The funds for the app are included in the marketing and promotions appropriations and if approved, would become a recurring line item in the budget.

“The Senate recognizes the importance of the market to the state economy and to the furniture industry,” Senator Trudy Wade told the Enterprise.

Wade told The High Point Enterprise that she acted on a request by the local advocacy group Business High Point to develop the incubator and craft-making design center. The state would provide $1.5 million in nonrecurring funds to be matched by $1.5 million in private money, she said.

The Enterprise reports that the center would allow furniture craftsmen to act on their ideas, then possibly spin off their innovations into new businesses.

Read the full story here.

Thomas LesterThomas Lester | Business Editor

Thomas Lester is Business Editor for Home Accents Today. A graduate of Emory & Henry College's Mass Communications program, Lester spent a dozen years working for newspapers in Virginia and North Carolina covering an array of subjects, ranging from community news, government, education, ACC sports and more before joining Progressive Business Media in 2013. As business editor, Lester covers all aspects of business in the home accents world, from the latest news from manufacturers to successful retail strategies and business analysis.

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