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Developing SMEs’ Capacity to Engage Human and Financial Capital

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Presentation with Simeon Roberts to the conference, "Re-Imagining the Atlantic Canadian Economy: Dynamics and Trajectories of Human and Financial Resources" at Mount Allison University, Sackville, NB, …

Presentation with Simeon Roberts to the conference, "Re-Imagining the Atlantic Canadian Economy: Dynamics and Trajectories of Human and Financial Resources" at Mount Allison University, Sackville, NB, June 7 - 9, 2007.

Published in: Education

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  • Good morning. It’s our pleasure to be here today to talk about what we have learned about the capacity of small and medium-sized enterprise to engage human and financial capital. We’re also here to tell you about how the Business Retention & Expansion model we’re using builds capacity. My name is Simeon Roberts and I’m an economic geographer. My colleague, Ryan MacNeil, a community economic developer will be joining us shortly.
  • Transcript

    • 1. Developing SMEs’ Capacity to Engage Human and Financial Capital Business Retention & Expansion in Hants County, Nova Scotia Ryan MacNeil and Simeon Roberts
    • 2. I have to travel back and forth to Boston because the few venture capitalists we have here won’t take any risks. - Hants County Business (that has no formal investor prospectus)
    • 3. We can’t find people who have the right skills and actually want to work. - Hants County Business (that pays minimum wage, offers only part-time call-in hours, and has no training program)
    • 4. business complaints building business capacity
    • 5.  
    • 6.  
    • 7.  
    • 8. Six Regional Development Authorities (RDAs) representing eight counties are participating in the pilot project. They include:
      • Pictou Regional Development Commission
      • Lunenburg Queens Regional Development Agency
      • South West Shore Development Authority
      • Kings Community Economic Development Agency
      • Hants Regional Development Authority
      • Colchester Regional Development Agency
    • 9. The pilot is funded by:
    • 10.  
    • 11. x 50 =
    • 12. can’t find/retain workers with the skills they need. 18 Career Centres Customized Training Resources Human Resource Workshops Workplace Education Resources Best Practices Toolkit Employer of Choice Pilot
    • 13. have had difficulty securing financing. 10 Business Plan Coaching Referrals to Gov’t Agencies Referrals to Credit Unions and Banks Info on First Angel Network
    • 14. 50 initial interviews 381 in-person and virtual follow-ups
    • 15.  
    • 16. “ this problem is beyond my control”
    • 17. BR+E capacity building business needs gov’t services
    • 18. resilient self-sufficient investment-ready employers-of-choice
    • 19. Developing SMEs’ Capacity to Engage Human and Financial Capital Business Retention & Expansion in Hants County, Nova Scotia Ryan MacNeil and Simeon Roberts

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