Local business news in brief from our issue of Aug. 15, 2018

Perhaps your business needs startup capital to make your idea fly. Or maybe rubbing elbows with lawmakers will give you an edge. Opportunities for building business skills, attracting investment and developing business relationships abound in WNC throughout the late summer and into the fall, and our business news in brief will keep you in the know.

Mission Health CEO Dr. Ron Paulus shares his rationale behind the health system's intended sale to Hospital Corporation of America.

Mission Health sale could create massive community nonprofit

HCA’s purchase price for the system, plus Mission’s remaining net cash and investments, would fund a nonprofit foundation specifically devoted to boosting public health in the region. At a meeting of the Council of Independent Business Owners, President and CEO Ron Paulus claimed that the new organization’s assets, which could range from $1 billion to $2 billion depending on the final sale price, would make it one of the three largest foundations in North Carolina and the richest foundation per capita anywhere on the planet.

County approves GE incentives­, launches new early childhood ed initiative­s

Though breaking news about new Wanda Greene indictments made it hard for elected officials and members of the public to focus on anything else, the Buncombe County Board of Commissioners approved $685,000 in incentives for a planned local investment by GE Aviation and announced two new early childhood education initiatives during its meeting on June 5.