Community Profile / Economic Growth
In the fall of 2019, a total of 476 local businesses were surveyed through the Business Retention & Expansion and Workforce Development (BREWD) strategy. This study identified a few barriers for growth and one of them being access to financial capital. Fast forward to spring 2020 and the realities of COVID-19, and those needs have not changed, instead they are dramatically amplified.
Due to the lack of confidence in the market, investor dollars have decreased and in response, the Government has announced many stimulus programs to support local businesses. The amount of grants and information for financial programs can definitely be overwhelming for many small business owners and because of this, Invest Medicine Hat has taken the lead on a BREWD initiative, helping local business access financial capital opportunities with a straightforward 5-step approach:
If you are a business, industry association or financial institution that has a grant opportunity you want to make others aware of, connect with us and we can work together to spread the word. Email us at email@example.com
When our local businesses thrive, our community thrives! http://https://youtu.be/E-LkVxVKhT8