building relationships ith your business community › sites › default › files ›...

23
BUILDING RELATIONSHIPS WITH Y OUR BUSINESS COMMUNITY Leann Hackman - Carty, CEO Economic Developers Alberta

Upload: others

Post on 27-Jun-2020

3 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: BUILDING RELATIONSHIPS ITH YOUR BUSINESS COMMUNITY › sites › default › files › building... · A Business Retention & Expansion (BRE) program is the most important economic

BUILDING

RELATIONSHIPS WITH

YOUR BUSINESS

COMMUNITY

Leann Hackman-Carty, CEOEconomic Developers Alberta

Page 2: BUILDING RELATIONSHIPS ITH YOUR BUSINESS COMMUNITY › sites › default › files › building... · A Business Retention & Expansion (BRE) program is the most important economic

PRESENTATION OVERVIEW

About disasters Common challenges disasters pose to

communities How to help businesses before and after

a disaster Example: 2016 Alberta Wildfires Questions

Page 3: BUILDING RELATIONSHIPS ITH YOUR BUSINESS COMMUNITY › sites › default › files › building... · A Business Retention & Expansion (BRE) program is the most important economic

ABOUT DISASTERS

Page 4: BUILDING RELATIONSHIPS ITH YOUR BUSINESS COMMUNITY › sites › default › files › building... · A Business Retention & Expansion (BRE) program is the most important economic

ABOUT DISASTERS

Types of Disasters: Natural Man-made Technological

Crises and disasters can damage your economy and scare businesses away. It can take years to recover.

Page 5: BUILDING RELATIONSHIPS ITH YOUR BUSINESS COMMUNITY › sites › default › files › building... · A Business Retention & Expansion (BRE) program is the most important economic

ABOUT DISASTERS

Page 6: BUILDING RELATIONSHIPS ITH YOUR BUSINESS COMMUNITY › sites › default › files › building... · A Business Retention & Expansion (BRE) program is the most important economic

ABOUT DISASTERS

Page 7: BUILDING RELATIONSHIPS ITH YOUR BUSINESS COMMUNITY › sites › default › files › building... · A Business Retention & Expansion (BRE) program is the most important economic

DISASTER RESOURCES

Page 8: BUILDING RELATIONSHIPS ITH YOUR BUSINESS COMMUNITY › sites › default › files › building... · A Business Retention & Expansion (BRE) program is the most important economic

COMMON

CHALLENGES

POST-DISASTER

Page 9: BUILDING RELATIONSHIPS ITH YOUR BUSINESS COMMUNITY › sites › default › files › building... · A Business Retention & Expansion (BRE) program is the most important economic

POST-DISASTER CHALLENGES

Who’s on first? Vulnerabilities you didn’t know you had Overwhelming communication challenges Navigating government programs Retaining businesses from large to small-

supporting them before they fail

Page 10: BUILDING RELATIONSHIPS ITH YOUR BUSINESS COMMUNITY › sites › default › files › building... · A Business Retention & Expansion (BRE) program is the most important economic

HELPING BUSINESSES

BEFORE & AFTER

A DISASTER

Page 11: BUILDING RELATIONSHIPS ITH YOUR BUSINESS COMMUNITY › sites › default › files › building... · A Business Retention & Expansion (BRE) program is the most important economic

BUSINESS RETENTION & EXPANSION

A Business Retention & Expansion (BRE) program is the most important economic development tactic your municipality/region should have in place.

Who’s in your back yard? Get to know your business community.

Page 12: BUILDING RELATIONSHIPS ITH YOUR BUSINESS COMMUNITY › sites › default › files › building... · A Business Retention & Expansion (BRE) program is the most important economic

BUSINESS RETENTION & EXPANSION Data: Baseline community economic data Spatial business data collection BRE database Business licensing Tiered re-entry system for businesses

Promote business continuity planning and education on commercial insurance

Page 13: BUILDING RELATIONSHIPS ITH YOUR BUSINESS COMMUNITY › sites › default › files › building... · A Business Retention & Expansion (BRE) program is the most important economic

BUSINESS RETENTION & EXPANSION

Encourage hazard mitigation investments Plan to: Establish a Business Recovery Hotline Establish a Business Recovery Centre (virtual or

brick and mortar) Create an Economic Response & Recovery Team Convene topically-focused workshops related to

common recovery issues (eg. finances, cleanup, insurance, workforce, marketing etc.)

Page 14: BUILDING RELATIONSHIPS ITH YOUR BUSINESS COMMUNITY › sites › default › files › building... · A Business Retention & Expansion (BRE) program is the most important economic

BUSINESS RETENTION & EXPANSION

Coordinate business assistance resources from various providers

Provide regular, relevant communication to your business community

Commit to work with your business community on readiness, response and recovery efforts. It’s a marathon not a sprint!

Page 15: BUILDING RELATIONSHIPS ITH YOUR BUSINESS COMMUNITY › sites › default › files › building... · A Business Retention & Expansion (BRE) program is the most important economic

2016 ALBERTA WILDFIRES:

A CASE STUDYDisaster Video

Page 16: BUILDING RELATIONSHIPS ITH YOUR BUSINESS COMMUNITY › sites › default › files › building... · A Business Retention & Expansion (BRE) program is the most important economic

CASE STUDY

Wildfire displaces over 80,000 residents, and destroys 1595 structures (2579 dwelling units)

Costliest disaster in Canadian history ($3.58 billion)

With the whole community evacuated, spread across the country, how can the community contact businesses to find out what their immediate needs are?

Page 17: BUILDING RELATIONSHIPS ITH YOUR BUSINESS COMMUNITY › sites › default › files › building... · A Business Retention & Expansion (BRE) program is the most important economic

CASE STUDY

May 25, Council approves Business and Economic Recovery Plan

May 30, Economic Developers Alberta (EDA) opens the Wood Buffalo Business Recovery Hotline in collaboration with the RMWB Economic Development

Funded solely by the Canadian Red Cross

Page 18: BUILDING RELATIONSHIPS ITH YOUR BUSINESS COMMUNITY › sites › default › files › building... · A Business Retention & Expansion (BRE) program is the most important economic

CASE STUDY

By August 31 the Hotline: Handled over 15,000 calls Registered 4,134 companies Completed a needs survey and provided

case management Processed $1000 emergency grants for

3,296 companies Implemented a social media campaign

Page 19: BUILDING RELATIONSHIPS ITH YOUR BUSINESS COMMUNITY › sites › default › files › building... · A Business Retention & Expansion (BRE) program is the most important economic

CASE STUDY

Back to Business Resource Centre opened. Business Welcome Walks Ask an Expert Program/Learning Events Back to Business Coaching Program Home Shows/Expos, Job Fair Networking Events

Canadian Red Cross Phase 2/3 Funding RMWB Small Business Workforce Support

Page 20: BUILDING RELATIONSHIPS ITH YOUR BUSINESS COMMUNITY › sites › default › files › building... · A Business Retention & Expansion (BRE) program is the most important economic

CASE STUDY

EDA Technical Assistance Visit/Report: 10-member team of technical experts Third party perspective 1 week of stakeholder meetings Over 200 interviews Over 50 immediate, short, medium and

long term business and economic recovery recommendations

Page 21: BUILDING RELATIONSHIPS ITH YOUR BUSINESS COMMUNITY › sites › default › files › building... · A Business Retention & Expansion (BRE) program is the most important economic

CLOSING COMMENTS

Understand your risks. Be prepared. It can happen to you.

Know who is on first. Make Business Retention & Expansion a

priority. You need to work with your business community BEFORE and AFTER a disaster.

Don't reinvent the wheel. Get started today.

Page 22: BUILDING RELATIONSHIPS ITH YOUR BUSINESS COMMUNITY › sites › default › files › building... · A Business Retention & Expansion (BRE) program is the most important economic

QUESTIONS?

Page 23: BUILDING RELATIONSHIPS ITH YOUR BUSINESS COMMUNITY › sites › default › files › building... · A Business Retention & Expansion (BRE) program is the most important economic

CONTACT INFORMATION

Leann Hackman-CartyCEO, Economic Developers Alberta

[email protected]