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FROM THE BLOG: Strengthening Relationships Bolsters Economic Development |
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Businesses often find it more profitable to spend their resources on retaining existing customers instead of trying to attract new ones. Rather than offering discounts and upgrades to pull in ever-more people, they work to build a connection, even a relationship, with the people who have already bought in. They may seek feedback on what services or products their existing customers need and find out what’s working (or not) to keep them invested in the company.
Could the same idea apply to economic development? After all, businesses and communities are interdependent, so a relationship of sorts already exists. What can communities do to strengthen the connection with local business and industry so everyone can grow together? Read more.
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Investment Readiness Program for Social Enterprises now open |
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Applications are now being accepted for the federal Investment Readiness Program (IRP). Eligible Saskatchewan social purpose organizations are invited to apply for funding from the IRP through Saskatoon Community Foundation. This is part of a $50 million national initiative, delivered by Community Foundations of Canada and other support partners, and funded by the Government of Canada. Saskatoon Community Foundation is a regional partner.
The IRP is open to a range of organizations and business including charities, nonprofits, co-ops and social enterprises. The program can provide $10,000 to $75,000 to create, manage, and expand social enterprises so they can become ready to accept investment.
Applications for the IRP should be submitted by November 22 through the program's website.
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Preapproved housing templates accelerate new infill builds |
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This US city hopes the templates, along with other incentive programs, will spur more housing construction on its vacant lots while maintaining neighborhood character and streamlining the development process. |
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Management: the overlooked power of day to day dynamism |
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PWC research points to general, frequent resource reallocation is strongly associated with profitability. This finding is consistent with a large body of research linking resource reallocation to corporate performance.
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Chigago launches community wealth building pilot program |
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The new 15 million program will create opportunities for low-income residents to build wealth through shared asset ownership. The program will address access to business ownership, home ownership, land stewardship, and commercial real estate.
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Corporate Member Profile: Sask Water |
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Supporting economic growth and the people of Saskatchewan has always been at the core of SaskWater’s purpose. As Saskatchewan’s communities and industries grow with the province’s expanding economy, SaskWater works hard to supply its customers with the infrastructure, customer service and water resources they need to prosper. |
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November 16, 2022 Aging in Place Seniors Housing in Rural Webinar
December 14, 2022 Opportunities for Scaling Home Based Businesses Webinar
Members - submit your upcoming events to seda@seda.sk.ca |
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Saskatchewan Economic Development Alliance
©2020 Saskatchewan Economic Development Alliance. All Rights Reserved.
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