Business Expansion And Retention
This is an excerpt from an open discussion during our recent Startup Meetup held at Kind Coffee. Please join us on the first Wednesday of the month. To learn more about the Estes Park Startup Meetup, go here —> https://www.meetup.com/Estes-Park-Startup-Meetup/ and click Join This Group.”
Supporting local businesses has long been a pillar of economic development. According to a study commissioned by the Lowe Foundation, 71% of economic growth in the United States from 1990 to present came from existing and expanding companies. Since its inception, the Estes Park EDC has been committed to supporting local businesses.
As part of our continued strategic plan, the Estes Park EDC Board of Directors agreed to initiate a Business Expansion And Retention Program called the BEAR Program. The goal of this program is to directly work with and help our existing businesses grow. To do this we reach out to as broad a representation of businesses in our community as possible and meeting with them regularly. Through these visits, or Site Surveys, we hope to:
Focus business expansion and retention initiatives on existing businesses identified as having the greatest impact for the community’s future growth and development.
Develop a clearer picture of the types of businesses operating in our community.
Gauge the workforce needs of our local businesses.
Anticipate and recognize any challenges that are threatening our local businesses; and foster an open dialogue between our businesses and local, state, and federal governments.
Retain and expand the current business base.
Identify immediate concerns of the businesses.
Identify training and technical assistance needs.
Contact Adam Shake at firstname.lastname@example.org if you are interested in taking part in our business interview and survey.