According to Jody Lassiter, president and chief executive officer of the Danville-Boyle County Economic Development Partnership, there's a lot more capital available for economic development in Danville and he aims to explore all available resources.
The EDP is considering a contractual, fee-for-service partnership with a fundraising firm for an eight- to 10-month investment campaign focused on private-sector business in the Danville community.
Lassiter estimated only 33 percent of the EDP's funds currently come from the private sector, while the remaining two-thirds are provided publicly.
EDP's immediate goal is bring that ratio to a 50-50 margin, but Lassiter believes it is possible for private business contributions to eclipse the 75 percent mark.
