The Cape Fear Capital Connection News Hour: Tuesday, September 2, 2014

News and Information About Technology, Capital Markets, and Business In The

Cape Fear Valley

With Thomas Vass

The Private Capital News Network Presents

Segment One: The Week In Review: The Garner Economic Strategy Report

Proprietor income in New Hanover Countyaccounted for 13.3 percent of total employment income, and it hasincreased 71.9 percent over the last ten years—well outpacing the nation, the state, and both benchmark communities

The Vital Economic Importance of Small Companies To The Economic Future of the Cape Fear Valley

Existing operational companies, over 3 years old, create 60% of all jobs.

New ventures and young companies create 40% of jobs, but also destroy about as many jobs as they create because they go out of business in the first 3 years.

Focus on How Small Business Job Creation Works Andrew Williams and Brian Escarsega

have formed Elite Innovations LLC and are rehabbing a leased warehouse at 707 S. 18th St. to be what they call the city’s first maker space.

TacLace is a patent pending device designed by two U.S. Marines during their deployment to Afghanistan. - See more at: http://www.taclace.com/about/#sthash.B7BXBmnh.dpuf

Focus on Small Cape Fear Companies

Osprey Global Solutions is a model company for the Cape Fear Valley.

Technology innovation. Connected to the military supply

chain in Cumberland. Fast growing, and high wage jobs

with internal career ladders.

Segment Three and Four: An In-Depth Interview With Our Guests From Osprey Global Solutions:

David Grange CEO Osprey Global Solutions and Abe Walston, COO

Osprey Armament produces and markets weapon systems and accessories designed to cater to the unique demands of the U.S. Special Forces, advanced law enforcement personnel, and civilians who demand excellence, precision and innovation to accomplish the task.