• 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
tlester@homeaccentstoday.com

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.

Research Store

Web Directory Search
Search for Products/Companies

Featured Video

  • Casual Friday: Furnitureland South's expanding outdoor showroom

    Camera Icon More Videos

Subscribe to
Casual Living eWeekly
Receive the news you need to know about the trends in the industry delivered right to your inbox.

Exterior Design

Exterior Design Fall 2017

A new season means a fresh look at outdoor luxury in the fall issue of Exterior Design. From the Hollywood Hills to the penthouses of New York, we explore the most opulent outdoor spaces, products and designs. The Fifth Room has arrived in high style, and you don't want to miss it! See the latest issue!

November Digital Edition

NovemberDigitalIssue

Don't miss the November digital edition of Casual Living! In this month’s issue, we look to the future of retail with a spotlight on technology. Assistant Editor Alex Milstein breaks down the basics of artificial intelligence (AI) and augmented reality (AR) and how they’re changing the furniture shopping experience. We also explain how building engagement on social media channels can boost business for retailers. 

Universe Study

You’ve waited two years, and it’s finally here! Casual Living’s biennial Universe Study offers a comprehensive snapshot of the outdoor category, highlighting its growth across all segments from furnishings to shade to grills.

Also in This Issue:

• Designer Viewpoint: A Beverly Hills backyard gets a glam makeover, thanks to renowned designer Christopher Grubb.

• Market Report: Our editors give you the inside scoop on all the new outdoor introductions at the High Point Market. Can you say Cobonpue?

• Casual Insights: Kathy Wall of The Media Matters offers insight on refreshing your brand.

 

November Digital Edition