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Regional Business Accelerator Helps Local Businesses
Lakeland College and 14 other community-minded organizations have worked hard over the past two years to develop and launch the Regional Business Accelerator (RBA), a collaborative business support organization. The RBA is focused on growing the region’s economic diversity and strength one small business at a time.
The goal is to support economic growth that advances the region’s collective social, environmental, and economic well-being. The business accelerator will help businesses connect with research, education and non-governmental service providers, government agencies, and community members. Business owners will have access to education and support systems in the region through collaborative programming. Aspiring entrepreneurs will receive support to establish their business, existing business owners can get help with developing partnerships for export development, and entrepreneurs at any stage of their careers can participate in professional development programs that facilitate life-long learning.
Only one month after hiring an Executive Director, the RBA was mentoring eleven local businesses, including several technology start-ups. “There are a lot of organizations offering business support in the region, but there was no clear place for entrepreneurs to start and for existing organizations to collaborate to close the gap between our services,” says Ward Read, CEO of Lloydminster Economic Development Corporation.
"Lakeland College has been a key driver of the development of the organization,” says Bob Mottram, Chair of the Board of Directors, “Our region is well known for entrepreneurial and innovative activity. We believe that business incubation and mentoring will have a tremendous impact on the success of our regional innovators and our ability to retain them in our region’s communities.”
For more information visit: www.smallbusinessinformation.ca