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Farragut Biz Alliance seeks non-profit status


The Farragut Business Alliance is seeking a 501(c)(6) non-profit status.

“We feel like it’s consistent with our mission, which is the improvement of the business environment in the community and to benefit other charitable organizations,” David Purvis, Farragut Wine & Spirits owner and founder of the FBA, said.

Purvis said the non-profit status will help the FBA with its goals for economic development and business engagement.

Case in point, the FBA’s “Red, White & Blues” event planned for Friday, July 2, at Horne Properties land adjacent to farragutpress office.


That event will raise money for Farragut schools through ticket sales, with all proceeds above expenses being divided equally among the schools. It also will be sponsored by, and will feature food provided by, Farragut businesses.

“To maximize what we can give, we obviously have to not be paying taxes,” Purvis said.

Purvis founded the Business Alliance in January 2009 and the group has grown since then, hosting the inaugural Taste of Farragut event last fall.

“The Business Alliance is a vehicle for getting the businesses in the Town engaged in community involvement events, charitable organizations. It will give a cohesiveness to the business community we’ve never had before.

“It will make people more aware that they’re actually in the town of Farragut when they’ve not paid attention to it before,” Purvis said.

“It will bring a sense of community, loyalty to Farragut,” he added.

The FBA began as an economic development group, but has evolved into a merchant’s association following the foundation of the Town’s Economic Development Committee.

“Now we are more of a community organization, a merchant’s association. And we can do events, special promotional things and be a strategic partner with the Town and businesses — work with the Economic Development Committee,” Purvis said.

The FBA also can work “as a recruiting tool for other businesses — that there’s an active business community that’s here to benefit the schools and other charitable organizations, and the community as a whole.

“We’ve fine-tuned our focus,” he added.

“We’re working through a strategic model of where we fit with the Town, with the Chamber and with ourselves. Because there’s overlap with all of us — so, where do each of us fit that makes us complementary with each other?”

The Business Alliance is looking for more involvement from businesses in Town limits.

“That’s part of doing the events we’re doing: hoping to raise awareness that we exist and giving a reason for businesses to be involved,” Purvis said.

Those events include Red, White & Blues as well as the Taste of Farragut and other events the FBA has planned.

“We’ve got a couple other things we’d like to do,” Purvis said.

“When people see you actually taking action, there’s benefit to that,” he added.

Business Alliance members are volunteers; there is no fee to join the group.

 

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