Economic Growth / News / Resources
BREWD stands for Business Retention and Expansion and Workforce Development Strategy. The goal of the survey is to ensure Southeast Alberta is providing a competitive business environment where new and existing businesses have the support they need to succeed and grow. It is managed through Invest Southeast Alberta.
Invest Southeast Alberta (ISA) is a collaboration of local business, government and service agencies that are working collaboratively alongside Invest Medicine Hat (IMH) to develop a joint economic action plan, share necessary resources, and ensure action is taken to support the region they serve.
Essentially, IMH and ISA are separate identities actively working together towards the creation of a specialized and competitive business environment.
The BREWD survey is all about taking an opportunity to survey our local businesses to find out how they see our environment. Where do they see problems, do they have suggestions for changes, and which opportunities should we be going after? The best way to answer these questions is through engagement with the experts – aka the business owners who are already invested in our city, involved in the community and working hard to succeed in Medicine Hat.
“We want business at the front end of what we’re doing. You can’t identify problems in an economy without local business having a say. These are their issues and nobody has thought about these issues more than them. We need them at the table, we need to make decisions based on what they are telling us, and we need them to be a part of implementing solutions.” -Sandra Blyth, City of Medicine Hat
During the Fall of 2019, the 100 question survey was distributed to local businesses and job seekers throughout Medicine Hat and area. The data from this survey is currently being organized and the results will be made publicly available in the coming months. Here are some of the preliminary highlights:
476 local and regional businesses participated in the BREWD survey
60% of those surveyed feel that business will pick up over the next two years
45% are looking to expand or modernize their business in the near future
28% anticipate their number of employees will increase next year
The data collected will also focus on identifying problem areas, creating viable solutions, and implementing action-based strategies for improvement. Here’s a look at this process:
Phase 1: RESEARCH
Phase 2: SOLUTIONS
Phase 3: IMPLEMENTATION
Our goal with the completion of the BREWD survey is to enhance cooperation and consensus among business, government, and economic development organizations in Medicine Hat and area. By accurately assessing the needs of local business, including workforce challenges, we can develop a relevant and attainable action plan for economic prosperity, together.
For more information, visit InvestSoutheastAlberta.ca