The Danville Regional Foundation has issued a whitepaper to encourage support of entrepreneurship in the region. Here is a press release from the foundation:

The Danville Regional Foundation (DRF) releases a whitepaper today it supported to learn more about the region’s entrepreneurial potential and determine ways that local organizations can fuel economic development through entrepreneurship.

“Entrepreneurs create new jobs, help increase local incomes, and connect the local community to the larger economy. Their decisions about exploiting opportunity and allocating resources are closely tied to the social environments in which they operate. Their activities can also play a pivotal role in creating social change,” writes Lauren Williams, a University of North Carolina economics and international studies graduate.

As a member of DRF’s first intern class in 2009, Lauren became familiar with some of the challenges facing the Dan River Region. As a result, she focused her senior honor theses on understanding the social mechanism and regional characteristics that enable entrepreneurship in the region.

“This paper is intended to encourage more support for entrepreneurship in this region, as a key way of developing a stronger economy,” according to Karl Stauber, DRF CEO and president.

The paper is online at http://www.danvilleregionalfoundation.org/reports/2010/2010-NewRegionalPriority.pdf.