Fostering growth and stability for Hastings County businesses

MDB Insight was engaged by Hastings to manage and conduct a BR+E project to foster the stability and growth of local business through a community based initiative. This project involved 111 businesses throughout the County in all sectors.

Accomplishments of the work included providing community support for local businesses, identifying and addressing immediate individual business concerns, developing a strong working relationship between economic development partners, increasing the competitiveness of local businesses, establishing and implementing a strategic action plan for economic development, increasing business development and job creation and generally improving community capacity for economic development.

Identifying actions for ongoing success

The resulting Action Plan identified seven areas for concentration by Hastings County: structure and policies, joint marketing, networking, communications, human resources, technology and infrastructure. The Action Plan was presented at two public sessions and was subsequently approved by the Hastings Economic Development Advisory Committee and County Council.

In order to take advantage of the finding around supply chain development, Hastings County followed this project up with a request for MDB Insight to complete an Investment Attraction Strategy.