We provide a collaboration platform for community groups to organize local economic gardening initiatives
We also have some additional things you might find interesting
What is Economic Gardening?
Economic Gardening is about using economic development resources to help increase the competitive capabilities of local business owners, especially those with specialized skills and high potential value goods and services. Increasing competitive capabilities of local business owners is a process which we can also help with.
Why is it important?
Research by David Birch at MIT, and corroborated by results, indicates the great majority of all new jobs in any local economy are produced by the small, local businesses in that community. Evidence also suggests that luring larger corporations is far more expensive in terms of public resources, and, in the long term, is largely "hit and miss". Larger, multi-national corporations change as markets and industries change, and they are always subject to takeovers. A common response and result is that they simply pull up stakes one day to chase additional profits elsewhere.
Does economic gardening work?
The term and program was first applied and refined in the late 1980's by Chris Gibbons, the director of economic development for the City of Littleton, Colorado. Since then, the concept has gained many followers across the USA, Australia and Japan. Why? Because from inception in 1989, to 2005, the number of jobs in Littleton more than doubled from approximately 15,000 to over 35,000 while sales taxes almost tripled to 20 million. During that same period, the city’s population grew by only 30 percent. These key statistics far outpaced those of any other center in the USA, AND this period saw two recessions!
Combined Forces and Common Purpose Moves The World
The Canadian landscape
In Canada, The Federal, Provincial and Municipal governments do pro actively seek out and support smaller, growing "gazelles", those companies in favoured industries with job growth and export potential, and did so even before the term economic gardening was popularized by Littleton's experience.
Local support programs are good for local business owners but they are subject to government funding and quality of the resources provided. It also requires a good understanding of various local business networks and interests and local needs .
Local business owners need access to strategic know how resources and access to the right networks of people. They need tailored "how to..this is how you can" options that helps them grow better businesses for themselves, their employees, and their communities.
There is reasonably good support for start ups locally via provincially and municipally funded enterprise centers, Industry Canada's Community Futures Development Corporations, and municipal economic development departments, and is largely "customer pull" from a menu of what's available in a bricks and mortar location and on the internet.
Info L inc is the Canadian Leader in building Communities of Endeavor
around People, Discussions, Decisions, Activities and Resources.
We start with seminars and engagement with a select group of local business owners and their spouses full of empowering business and financial know how. We introduce the concept of "Communities of Practice" organizing around their strategic resources, memories and questions, so they can become Communities of Endeavor, then add a "Community Scorecard" that incorporates World Economic Forum Parameters in a closing Economic Gardening seminar.
A local mission
The idea is to bond the enabled and inspired group around some some local vision and mission and activities, so they continue to engage together in private, secure, cloud based "Community of Endeavour" .There they will work on their BHAG and support eachother in their business and financial goals and interests
On going support
We help you build it out to your local and regional networks. You are best qualified to identify and mobilize local people and resources to move plans forward, but we can help you by indentifying target needs and connect you with others with a vested interest in your success.
Taxboard, a leading Canadian Community of Practice comprising tax and accounting professionals
from across the country have agreed to add their expertise, connections and ideas to the mix.
Can you imagine this?
A Jim Collins ("Good to Great" and "Built to Last") bus full of high quality local business owners and professionals and experts on a mission to help decide on and get to that "Big Hairy Audacious Goal", that 10-to-30-year objective that is like a big mountain to climb and that will serve as a unifying focal point of effort, galvanizing the group to help "their community" become what it can be best at".
We firmly believe that as these talented people begin to work together and interact and talk and improvise their way towards that BHAG, they're going to learn from each other and be more willing to share with each other. They will end up not only benefiting their chosen community, but they will grow their own businesses and as people. That is multiple wins!
We will not pretend we'll get the “right” bus full the first or every time, but firmly believe that if we send enough busses out, a few groups of talented, motivated and inspired people are going to do some pretty remarkable things. We really believe Margaret Mead. “Never doubt that a small group of thoughtful, committed, citizens can change the world. Indeed, it is the only thing that ever has." That's our ideal. But we'll take a small, practical plan in Red Lake
Images are used under Creative Commons or other such licenses or in the public domain. Taxboard is a trademark owned by Info L inc. Web Site © 2020 Info L inc