Local Business

Troy established a local Economic Development Commission (EDC) in June 2014 with the mission of supporting existing businesses, recruiting additional industry and jobs to Troy, and marketing the Town. Since its founding, the EDC has been making great strides. The EDC spearheaded the redesign of the Town's website and social media, which will help showcase the Town's many assets and attractions. The website enhancements have allowed the Town to offer additional customer service features, including the ability to pay utility bills online. The progress made by the EDC and the Town in pursuing innovative and actionable economic development initiatives led to the Town
being awarded the Underserved and Limited Resource Communities
grant from the North Carolina Department of Commerce. 

Current economic development projects underway include reaching out to existing businesses to identify opportunities for promotion and partnerships and creating a searchable database of available commercial and industrial properties in Town. Additionally, Troy's EDC has engaged Appalachian State University's Master of Public Administration program to conduct a Corridor Study Project on the Highway 24/27 Bypass. By evaluating similar case studies and best practices, this study will help Troy be proactive and to leverage the highway redesign as a tool for economic recruitment. 

If you have ideas for economic development initiatives, send us your thoughts through the Community Voice feature on the Town website. 

Town Business and Economic Development News