NEWS FROM EDABC FOR THOSE INVOLVED IN GROWING BC'S ECONOMY
Economic Development Association of BC Newsletter
I am pleased to provide you with a copy of our November "The Pulse" Newsletter.
This month contains useful information on Mexico, Key Canadian Government contacts abroad, information on Business Incubation and more. We hope you find it interesting.
We would also like to thank you for the great response to our member survey on BR+E. This information is helping us in our efforts to develop a new program for Rural BC and we hope that we can make a positive announcement soon. Stay Tuned.
I would also like to take this opportunity to say goodbye to Mark Regier. I hired Mark three years ago for a three month work experience. After three months it was decided that he would stay and relocated to Chilliwack. His commitment to me, to EDABC and to our members has been appreciated. As many of you know Mark worked endless hours to find ways to increase member services and to help the industry grow. While EDABC will miss him - I will miss him more. We were a team and he has been a big part of our success and been a great friend and supporter of my family. We wish him well as he returns to school in January and look forward to following him as he takes on new challenges and opportunities.
We would also like to welcome Ashleigh Brewer to the team. Ashleigh has taken the new role for EDABC as the Director of Membership Programs. You will begin to see new programs and initiatives over the next few months.
You are encouraged to share this newsletter with anyone that you think would benefit from the information. Some of the items are linked to the members only section and we hope with your help this will result in an increase of membership to EDABC. We continue to send out membership E-Blasts which will include RFP's, Job Postings, and other time sensitive materials available only to members.
The Power of Partnerships
Hotel and Resort Investment Conference
Linx BC recently hosted an event at the Westin Bayshore - Invest in British Columbia. This event was specific to the targeting of new hotels and resorts. Seven BC communities provided information on opportunities to a full house of Hotel and Resort Developers. While we had expected 25 we ended up having a total of 58 fill the room. It was a great response. The afternoon was filled with meetings as some communities were able to hold one-on-one discussions with interested investors. We then hosted the opening reception at the Western Canada Hotel and Resort Investment Confernce - a conference we had been encouraging the organizers to hold in BC for a long time. As a result of this event several communities are in discussions with developers on building new facilities.
Site Selection Event
Over 10 BC communities will be meeting in Vancouver in mid November with Site Selection Consultants from all over North America. This unique event being hosted by Linx BC has recieved an overwhelming response from Site Selectors and we had to limit the number of participants. This is a great sign as it indicates that once again BC is on the list of regions that site selectors want to consider when searching for that next location for clients. Communities will meet over a three day period one on one with each site selector to talk about opportunities and to highlight what the community and regions can offer. These site selectors represent a variety of different economic sectors including green industry, warehousing, data centres, call centres, manufacturing, food processing and more.
Business Incubators - Fashionable again!
Thanks to the recession, business incubators in the U.S. and Canada are suddenly fashionable again... and many are expanding to keep up with demand from entrepreneurs. Both non-profit and for-profit incubators flourished in the 1980s and 1990s only to be adversely impacted by the dot com bust that began in early 2000. Just 10 years later, the number of incubators is at an all-time high: 1,200 facilities nurturing approximately 41,000 start-up companies.
All of you deal with companies in your areas that may be considering doing business globally. Attached is a list of Canadian Government contacts at Embassies and Consulate offices that can help them reach the companies that they are targeting.
Mexican Exodus On September 10, 2010 the New York Times published an article about companies leaving Mexico due to Security concerns. While US states are starting to pay attention to this opportunity so should BC. Many of these companies left the US to establish in Mexico (or opened secondary facilities) for a reason. High costs of doing business including medical costs.
Maple Ridge, BC: In October, Invest North Fraser, an economic initiative of Maple Ridge, Mission and Pitt Meadows hosted Education Forum 2010. The event drew senior level decision from post secondary institutions, elected officials and staff from three municipalities and industry association representatives.
The Forum introduced delegates to the region and explored opportunities for post secondary education and programming in the North Fraser communities. The program included a dozen presenters who shared examples of successful, innovative partnerships and ways to 'jumpstart' the exploration of potential academic offerings.
Network BC is pleased to introduce RoundThree of the Connecting Citizens Grant Program, the latest in a series of initiatives to bridge the digital divide in British Columbia. This program is a multi-year grant initiative that helps to pay for infrastructure required to deliver high-speed Internet connectivity to more citizens in rural and remote locales of British Columbia.
Meyers Norris Penny invites you to participate in a two day workshop on the essentials of project management. Understanding Project Management establishes andclarifies the fundamental nature of project work, starting with identifying the right initiatives for your company to undertake, to all the elementsof putting the associated changes in place.
Attendees will be introduced to practical and proven methods in effective project management in anenvironment that both illustrates and requires collaborative team work.The program has been developed based on our extensive project management experience working in a variety of project situations - from smallbusinesses to large corporations, from government to non-profits, and in Canada and internationally.
Not content to watch Ontario's attractive rates for green energy draw billions of dollars in investment, the B.C. government is flirting with new rules to accommodate more clean electricity projects.
The proposed changes fall far short of Ontario's controversial feed-in tariff (FIT) program, which offers premium rates in long-term purchasing contracts for renewable energy projects.
The B.C. government is looking at adopting its own FIT regulations this fall, but it will pay higher rates for green power only from "emerging technologies." In B.C., solar power and wind power - a significant share of Ontario's clean energy campaign - won't qualify.
"We're going to be more selective, not just throw as much as we can at the wall and see what sticks," B.C. Energy Minister Bill Bennett said in an interview on Monday. "In B.C., we are going to be more attuned to what is good for the ratepayer."
Your invoices for your 2011 Membership will be arriving soon. We hope that you will continue to support our efforts to build a strong and widely recognized provincial economic development organization that represents your interest and the interest of building BC's economy.
If you do not have multiple memberships in your office we encourage you to buy some. You can get these memberships at reduced prices and they can be used for your staff, council, committee members, etc. By doing this you are supporting our efforts.
EDABC is pleased to announce our newest membership benefit. As a member of EDABC you now qualify for a discount at any Kal Tire.
The 10% discount in on the sub total of the invoice. (not including tax or levy). The program is available at all of the 230+ Kal Tire locations, on all products. (Kal Tire does not share/sell any info with anyone). Not all Kal Tire locations offer mechanical services, as some are commercial locations (handling large trucks) but tires can be purchased at all locations.
Just mention EDABC for your discount.
Check the EDABC Website often for new Job Postings. We do send out notices as new ones are posted.
Westin Bayshore - Support for EDABC and its Members
The Westin Bayshore in Vancouver has long been a great supporter of EDABC. Now they have taken it a step further. We have entered into an agreement with the Westin Bayshore where they will provide you with Exclusive rates as an EDABC Member. The rate for the high season starts at $149 and the low season starts at $129. This is comparable to government rates. But that is not all!! For every night booked and completed the Westin Bayshore will pay EDABC $10.00 towards assisting in providing Professional Development. You must ask for the 'Economic Development Association of BC" rate when booking.
The Pulse is circulated to almost every BC community. The readers in those communities are the primary contacts for reaching BC's businesses. In addition, the newsletter reaches staff from senior levels of Government, private developers, real estate agents, consultants and more.
Advertising opportunities are available at reasonable costs - contact firstname.lastname@example.org for more details.
Economic Development Association of British Columbia