13.07.2015 Views

Business Retention and Expansion Final Report - City of Brantford

Business Retention and Expansion Final Report - City of Brantford

Business Retention and Expansion Final Report - City of Brantford

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

15Project IntroductionThe <strong>Business</strong> <strong>Retention</strong> <strong>and</strong> <strong>Expansion</strong> survey project is a community-based economic development tool designed tocreate capacity within communities to address the stability <strong>and</strong> growth <strong>of</strong> the local economy. One <strong>of</strong> the keycomponents to this process is an intensive, structured business/organization visitation program that includes one-on-onesurveying to identify issues <strong>and</strong> opportunities. The program does not stop <strong>and</strong> start with the surveying component, italso includes the implementation <strong>of</strong> strategic actions that address the outcomes <strong>of</strong> the survey analysis; on-goingdiligence with one-on-one business/organization visitations; <strong>and</strong> requires a cooperative effort betweenbusiness/organizations, local government, <strong>and</strong> partners in the community to help the area retain jobs <strong>and</strong> createopportunities for a diversified local economic base.The <strong>Business</strong> <strong>Retention</strong> <strong>and</strong> <strong>Expansion</strong> (BR+E) initiative was first introduced in Ontario through the Ministry <strong>of</strong>Agriculture, Food <strong>and</strong> Rural Affairs (OMAFRA), in 1997. Ministry staff researched best practice models from the UnitedStates that were administrated by the Cooperative State Research Education <strong>and</strong> Extension Service <strong>of</strong> the United StatesDepartment <strong>of</strong> Agriculture which became the foundation for the provincial program. A cross-section <strong>of</strong> 12 communitiesrepresentative <strong>of</strong> both northern <strong>and</strong> southern Ontario participated in a series <strong>of</strong> pilot surveys in 1997, <strong>and</strong> from thispioneering work the program as grown to involve nearly 100 Ontario communities. (Appendix 1)“<strong>Business</strong> development <strong>and</strong> job creation are key factors in developing healthy <strong>and</strong> vibrant communities. Depending onthe characteristics <strong>of</strong> a community’s economy, anywhere from 40 to 90 per cent <strong>of</strong> new jobs come from existingbusinesses.” 1 The communities <strong>of</strong> <strong>Brantford</strong> <strong>and</strong> the County <strong>of</strong> Brant along with Six Nations have been engaged ineconomic development initiatives for several years through a variety <strong>of</strong> programs <strong>and</strong> support services in an effort tomaintain <strong>and</strong> grow a healthy economic base that results in job retention <strong>and</strong> creation as well as increased assessment.One <strong>of</strong> the tools that have been deployed in the area is the <strong>Business</strong> <strong>Retention</strong> <strong>and</strong> <strong>Expansion</strong> Ontario model that wasfirst introduced in the <strong>Brantford</strong> area in 1998 when the Economic Development Department <strong>of</strong> the <strong>City</strong> <strong>of</strong> <strong>Brantford</strong>, inpartnership with the County <strong>of</strong> Brant, conducted the first survey geared to the manufacturing/industrial sector. The 1998survey project resulted in the <strong>City</strong>’s Economic Development Department dedicating a staff person to <strong>Business</strong> <strong>Retention</strong><strong>and</strong> <strong>Expansion</strong>, which continues to be identified as a key component in the <strong>Brantford</strong> Economic Development AdvisoryCommittee Action Plan.The program was launched as an avenue for communication between industry <strong>and</strong> local government <strong>and</strong> has createdopportunities for direct firm assistance <strong>and</strong> increased awareness <strong>of</strong> available resources available to local industry. Theprogram assists community leaders in their work <strong>of</strong> developing strategies, setting priorities <strong>and</strong> establishing effectiveeconomic development programs aimed at retention <strong>and</strong> expansion <strong>of</strong> businesses <strong>and</strong> jobs in the <strong>City</strong> <strong>of</strong> <strong>Brantford</strong>, <strong>and</strong>the County <strong>of</strong> Brant.Further, a <strong>Business</strong> <strong>Retention</strong> <strong>and</strong> <strong>Expansion</strong> working committee consisting <strong>of</strong> representatives from the three levels <strong>of</strong>government; Municipal (Economic Development Departments for both <strong>City</strong> <strong>and</strong> County), Provincial (Ministry <strong>of</strong> Small1 <strong>Business</strong> <strong>Retention</strong> <strong>and</strong> <strong>Expansion</strong> Resource Manual, Taking Care <strong>of</strong> <strong>Business</strong> in Rural Ontario, Ontario Ministry <strong>of</strong> Agriculture,Food, <strong>and</strong> RuralAffairs.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!