Foodiepreneur: The Business Of Food

The Foodiepreneur: The Business of Food forum in an opportunity for foodie entrepreneurs to learn the best recipe for starting and running a successful food business.

Registration is open and filling up quickly! Attend to hear what the experts have to say about putting the right ingredients together.

Registration deadline: Thursday, March 23

Details:
March 28, 2017, 8:30 a.m. – 12:00 p.m.
Halton Regional Centre, Auditorium,
1151 Bronte Road, Oakville
Cost: $35/person (includes breakfast) Continue reading Foodiepreneur: The Business Of Food

“How to Run a Successful Meeting” Highlights from the OSCIA Annual General Meeting

The Ontario Soil and Crop Improvement Association (OSCIA) is a unique non-profit farm organization that represents all commodity groups across the province. They are leaders in producer education, local association development, program delivery and consumer outreach.

On February 7th, 2017, OSCIA held a “How to Run a Successful Meeting” session in partnership with the Ontario Ministry of Agriculture, Food and Rural Affairs (OMAFRA).

The purpose of this session was to learn:oscia-2

  • Ways to work with different personality types at meetings
  • How to make meetings more effective

Continue reading “How to Run a Successful Meeting” Highlights from the OSCIA Annual General Meeting

The Premier’s Award For Agri-Food Innovation Excellence Program is Accepting Applications

The Premier’s Award for Agri-Food Innovation Excellence program recognizes outstanding agriculture and agri-food related innovators including producers, processors, and agri-food organizations.

The objectives of the Premier’s Award for Agri-Food Innovation Excellence Program are to:

  • Recognize and encourage innovators in the agri-food sector
  • Foster farm-level innovation
  • Raise awareness about the importance of agri-food innovation and its impact on the Ontario economy

Submit your application by 11:59 p.m. on April 28, 2017 to be eligible for a chance to receive one of the following awards: Continue reading The Premier’s Award For Agri-Food Innovation Excellence Program is Accepting Applications

Add Value to Your Agricultural Business: Learn How to Turn Your Ideas into Reality

Take the OMAFRA course, Exploring Value Added Opportunities, to learn whether adding value to your products and services is right for your business.  Register today for the March 31 workshop to be held in Sunderland, Ontario! Your registration fee includes resource materials, lunch and refreshments.

Ever wondered about turning your fruit into jam?  Ever dreamed about making gourmet ready-to-eat meals with your produce?

Take the Exploring Value Added Opportunities (EVAO) course to help you increase your profits through the creation of new products and services or value-added opportunities at your farm or food business. Our course can help you: Continue reading Add Value to Your Agricultural Business: Learn How to Turn Your Ideas into Reality

3 Lessons on Innovation from the Economic Developers Council of Ontario Annual Conference

I had the opportunity to attend the 60th annual Economic Developers Council of Ontario (EDCO) conference that took place in February. Delegates from across Ontario included economic development officers, municipal elected officials, staff from several Ontario ministries, and industry leaders representing manufacturing, business, planning, IT, and tourism.

The theme this year was Driven by Innovation. The following are my top three takeaways from the EDCO conference. Continue reading 3 Lessons on Innovation from the Economic Developers Council of Ontario Annual Conference

First Training Dates Announced For Analyst’s Input-Output Tool

These training sessions are designed to introduce participants to OMAFRA’s new Input-Output Modelling in Analyst. The sessions consist of a blended classroom-style learning and hands-on training. Participants will be guided through:

  • A brief overview of the functions and applications of the Analyst tool
  • An introduction to input-output modelling and its connection to economic base theory
  • Describing a regional economy by using descriptive data in the Analyst and practical examples using this data
  • Quantifying the estimated impacts of changes to a regional economy using the predictive functionality of the new reports
  • The uses and limitations of Input-Output modelling

The training dates and locations are:

Date (2017)

Location

To Register

Friday, March 17 Midhurst, Ontario http://ontario.ca/c477
Tuesday March 21 Kingston, Ontario https://www.eventbrite.ca
Thursday, March 23 London, Ontario http://ontario.ca/c477
Tuesday, March 28 Vineland, Ontario http://ontario.ca/c477

Each session will run from 10 am to 3 pm and includes lunch and training materials.

Want to know more? Read our Input-Output blog series:

  1. New Economic Modelling Tool
  2. Analyst: Input-Output Modelling. A Closer Look.

 

 

Analyst: Input-Output Modelling. A Closer Look.

Now that the the Input-Output Modelling tool, for Analyst, is available (read previous blog post here), it is time to take a closer look at one of the new reports, Regional Requirements.

Regional Requirements is just one of six new reports available in Analyst under the Input-Output Module. The report helps quantify the goods and services that a region requires from each industry, as well as the degree to which those requirements are met within the region.

This report can be used to perform comparative analysis of industries across the regions. It can answer questions like:

  • What value of purchases industries are making inside a region?
  • What value of purchases industries are making outside a region?
  • Where jobs are potentially leaking as a result?

This report gives the user two perspectives:

  • Region vs. Industry: what industry demands are being satisfied from within, and beyond the boundaries of a region?
  • The regional supply chain, in the broadest sense, is characterized by the industries within the region

Economic development officials can use this data to enhance their efforts accordingly.  This data can help identify and support:

  • What are all the industries in a region?
  • What industries are primarily using imports to service their needs?
  • Which industries may be able produce locally to reduce or substitute imports?
  • What jobs are need to for import substitution to be locally sustainable?

This report identifies where local demand is being sourced from and whether it is inside or outside the region.

First, identify the region(s) you want and click Run.

rr1

A similar table to the one below will appear. Find what level of industry you need by changing the level of NAICS codes, and based on the level you can filter by that NAICS industry.

Picture1.png

Demand Met In-Region: amount spent on an industry by all business and population in the given region met within the regional economy

Demand Met by Imports: amount spent on an industry by all business and population in the given region met outside the regional economy

Clicking on any of the column titles will order the table in ascending/descending order to easily find the highest/lowest dollar amount or percentage.

titles

Moreover, selecting the Export button in the top right corner gives you the option to save your findings as an excel file.

One more blog post to come regarding Input-Output Modelling in Analyst.

For the meantime, check out this tutorial of how to navigate and use the Regional Requirements Report or click for more information on Analyst.

New Economic Modelling Tool

Analyst Input-Output Tool

The Ontario Ministry of Agriculture, Food, and Rural Affairs – in partnership with Economic Modeling Specialists International (EMSI) – is excited to announce the addition of a Canadian version of their Input-Output Modelling tool in Analyst.

Input-Output models map out linkages within an economy by tracing the connections between industries, households and government. This is done by tracking the flow of money between those entities within a geographic area (for more background on input-output modelling). Continue reading New Economic Modelling Tool

Cost Of Production Calculators Available To Help With Business Planning

In the complex world of production agriculture, determining which crops will make you the most profit can be a daunting task. To help with decision making, several tools are available for downloading from the OMAFRA web site.

One of these tools is the crop budgeting tool.

The crop budgeting tool provides an easy way to enter your costs, yield, and return expectations. From this you can see whether one type of crop will provide value over another. Each producer will have individual costs for items such as seed, fertilizer, and custom work. By entering these costs, one can see the overall cost per acre to grow the crop. The tool also allows for an optimistic, expected, and pessimistic yield, showing the upper end of returns versus what happens if disaster occurs.

This data can be entered on a per acre basis, or on a total acre per field or farm basis.

The tool includes the ability to select the amount of crop insurance coverage a producer would like.

Figure 1 shows the input for the various yield expectations.

crop-tools

The tool also provides a unique “chance of breaking even” based on the data input. Figure 2.

figure-2-chance-of-breaking-evenSome field crops that have budget tools available are: corn, soybeans, canola, barley, oats and wheat.

There is also horticulture crop, fruit tree and livestock budgets available.

Knowing which crops have the potential to provide profit can assist producers with planning and meeting with suppliers and financial institutions. Knowledge is power, and these are powerful tools to provide that knowledge.

To access these tools, please go to:

http://www.omafra.gov.on.ca/english/busdev/bear2000/Budgets/budgettools.htm

The Community-Focused Rural Economic Development Program is Open for Applications

The Rural Economic Development (RED) program helps rural communities remove barriers to community economic development, through support for planning and implementation projects that benefit rural Ontario.

The program is now open and will accept applications until March 31, 2017. A second intake is scheduled for July 31, 2017 to September 29, 2017.

The RED program supports the government’s plan to create jobs, grow the economy, and help people in their everyday lives by:

  • Helping remove barriers to economic development for rural communities, Indigenous communities and organizations, and not-for-profit organizations.
  • Helping rural communities identify their economic strengths and develop strategies to attract business and investment which will help to retain and create jobs.
  • Helping rural communities and partners to be in a more competitive economic position so that they can diversify and grow their local economies – making economic growth more inclusive so that Ontario’s growing economy delivers real benefits to rural Ontario.

Applicants are required to read the program guidelines before completing the application.

For more information on the program, including guidelines, applications, and approved projects, please visit Ontario.ca/REDprogram.