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Establishing A Business Retention and Expansion Program:建立一个企业的保留和发展计划.ppt

Establishing A Business Retention and Expansion Program:建立一个企业的保留和发展计划.ppt

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Establishing A Business Retention and Expansion Program:建立一个企业的保留和发展计划.ppt

Selecting a BR E Model 10 Questions to Guide the process 2004 SCED Conference May 20 – 21, 2004 Hank Cothran commdev@ufl.edu Food and Resource Economics What is Economic Development? “Economic development is the process of creating wealth through the mobilization of human, financial, capital, physical and natural resources to generate marketable goods and services. The developer’s role is to influence the process for the benefit of the community.” American Economic Development Council “Economic development is a process that influences the growth and restructuring of an economy to enhance the well-being of a community.” National Council on Urban Economic Development, Washington, D.C. What is the Goal of Economic Development? Jobs Income Quality of life How can you accomplish the goal? Attract Create Retain Expand Why Engage in Business Retention and Expansion? Every economy looses about 10 % of its jobs annually. Studies show that up to 80 % of net new jobs come from existing businesses. Identify concerns, problems, and opportunities for business in our communities. Improve the overall climate for investment, employment, and competitiveness. Prevent overlap and duplication in governments dealings with business. TWO BRE MODELS “TRADITIONAL” Developed by New Jersey Bell Refined, expanded and popularized by Extension in WV, Ohio, Minnesota Widely used by Extension (30 + states) Booklets published by NERCRD Many other “How to” manuals published (USDA, TX, WV, ND, UT, MN, etc.) Method used to certify BRE “consultants” “TRADITIONAL” Adapted model used in Canada (Ontario) Relies solely on volunteers to manage program and collect data Relies on Extension for all other activities Focuses on building human and social capital Often thought of as a “rural” program Has a 1.5 to 2 year life-span “CONTINUOUS” Operated by ED or Chamber offices Involves one or more pai

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