Business Retention and Expansion BR+E Ontario Update
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the next generation of business retention and expansion, presented at the Economic Development Council of Ontario 2015 Annual Conference
Business Retention and Expansion BR+E Ontario Update
- 1. Stephen Morris, M.A.E.S, Ec.D. Economic Development Specialist Regional Economic Development Branch Ontario Ministry of Food, Agriculture and Rural Affairs Next Generation of Business Retention + Expansion
- 2. 38%of businesses plan to expand within the next 18 months. Source: 2009-2014 Provincial BR+E Roll-up Report
- 3. What is BR+E Business Retention + Expansion (BR+E) is a structured action-oriented and community-based approach to business and economic development. 3
- 4. Our Program Goal: To have the leading and most comprehensive ……. program for communities and regions in North America. 4
- 6. Contributors to the Review ? County of Perth ? County of Northumberland ? County of Wellington ? City of Guelph ? City of Kawartha Lakes ? Municipality of Huron East ? Rural Oxford BR+E ? Region of Durham ? Town of Bluewater ? Town of Minto ? Town of New Tecumseth ? Town of St. Marys ? Town of Whitchurch-Stouffville ? Township of Centre Wellington ? Township of Mapleton ? Township of Wellington North ? Greenstone Community Futures Development Corporation ? Nottawasaga Community Futures Development Corporation ? Eastern Ontario Economic Development Commission ? Ontario Tourism Marketing Partnership ? Dryden Chamber of Commerce ? Ministry of Agriculture, Food and Rural Affairs ? Ministry of Northern Development and Mines ? Ministry of Culture, Tourism and Sport ? Ministry of Economic Development, Employment and Infrastructure 6
- 7. Review Findings Successes to Build on: ? Acting on Results ? Monitoring outcomes of their action plans ? Training ? Staff support Challenges to Address: ? Survey ? Database system ? Data Analysis & Reporting 7
- 8. New Process A Four Stage Process
- 9. Is right for your Community? 9 New Seven Community Assessment Questions
- 10. New Coordinator Manual Step-by-step process with a greater emphasis on: ? Project design ? Performance measures ? Data analysis ? Priority setting DRAFT
- 11. BR+E Survey Review Question review principles: ? Assist with strategic planning ? Identify specific business growth or retention opportunities ? Provide general business information 110 65 66 50 60 70 80 90 100 110 120 2008 2011 2015 Number of questions in the retention survey
- 12. Update Retention Survey A comprehensive survey Business Information Business Climate Future Plans Business Development Workforce Community Development
- 13. Updated/New Sector Surveys Tourism Manufacturing Agriculture Downtown Revitalization/ Retail Local Food
- 14. Updated Executive Pulse System Version 6 of the system launch in 2014
- 17. Executive Pulse Overview Sessions Free - webinar sessions on the Executive Pulse system ? Thursday, February 26th 1-2 pm ? Thursday, March 26th 1-2pm ? Thursday, April 23rd 1-2pm ? Thursday, May 28th 1-2pm ? Thursday, June 18th 1-2pm 17
- 18. New Provincial BR+E Survey Results Purpose ? To support communities undertaking BR+E projects with their data analysis ? To provide context and benchmarking for communities compared to their local results
- 19. BR+E Projects 2009-2014 19 73 projects and 3,100 surveys
- 20. Provincial BR+E Survey Results - Business Climate 20 N=3,121 N=3,072
- 21. Coordinator Training Updated two-part training program ? Part 1 – Preparing, Interviewing and Addressing Immediate opportunities and concerns (1.5 Days) ? Part 2– Data Analysis, Reporting and Implementing (1 Day)
- 22. Program Components ? Provincial Staff Advisors ? Coordinator’s Manual ? Surveys ? Executive Pulse System ? Coordinator Training ? Provincial BR+E Survey Results 22
- 23. For more Information Visit our website to request a copy of the BR+E Coordinator’s Manual or to register for training. http://ontario.ca/b34h Talk to your Regional Advisor 23
Editor's Notes
- Formed April 2013
- Business Retention and Expansion is an approach to economic development that focuses on nurturing existing businesses as key drivers of ongoing economic health and vitality in a community.
- Collected
- Now consistent wording compared to our other programs
- Now approximately 50 pages in length Some previous appendices now integrated into the manual
- The main survey has 66 questions which are grouped into the following six sections: Business Information – business structure and number of employees Business Climate – Impressions of the community and factors for doing business Future Plans – the plans for the business over the next 18 months (e.g. remain the same, expand) Business Development – Industry outlook, use of technology, potential of import replacement Workforce – workforce and training Community Development – Community advantages/disadvantages, business supports. Maximum number of question any one business will answer is 56 and the minimum number is 38. 40% of the questions in the survey are of an open ended nature, to hopefully gain more insight and have a dialogue with the business.
- Sign up for these sessions will be thru the OMAFRA website. The form will be uploaded by Feb 12th
- Southern training after May due to CED 101 presentations