Economic Development Services

Business Retention and Expansion Strategies - We have developed award winning business retention and expansion strategies and implemented successful community-based and province wide business visitation programs.

Business Visitation Programs- We have had extensive success in developing, implementing and analyzing business visitation programs - including models that are scalable for different communities or trade organizations, coordinating interviews, tracking and uploading data into economic development software and management of resources to mitigate challenges.

Business Investment Attraction Strategies - 80 to 90% of business investment growth comes from businesses already located in your community or region. We can build strategies on how to encourage business expansion and or investment attraction to your community or region and work with you to assess your Community Investment Readiness in preparation for Site Selectors or Foreign Direct Investment.

Community Opportunity Identification Processes - There are always more projects than there are resources. We can work with you and your community to identify opportunities, review your Community Investment Readiness capacity and develop processes to confirm what opportunities may best 'fit' in your community.

Industry Target Analysis and Economic Profiles - What business or industry is your ideal target market for consideration in business investment attraction strategies? How would you confirm your competitive advantages for this industry? Through a research process and strategic analysis we can provide key content for industry, regional or provincial economic profiles relevant for policy development, marketing material and industry attraction.

Local Food Projects - Who's in your backyard?  How many farmers, food processors and agri-businesses would benefit from an economic strategy that connects them to resources or new markets? Local food is definitely an emerging trend, we can develop and implement programs to help your companies respond to the market. 

Agri-business Strategies -The agriculture industry is a price taker, not a price maker. Farmer’s profitability is impacted by a broad range of factors including shifts in weather, disease, cost of production versus market prices, emerging consumer preferences and global competition from country. We have worked on successful projects to encourage diversification of the agriculture sector and to inspire agriculture industry farmers as entrepreneurs (agri-preneurs) to be innovative in developing value-added products, reach new markets and increase profitability.

Call InnoVisions today at (403) 948-2110

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