A strong Business Retention and Expansion (BR+E) program can help communities understand and address prospects and issues facing their business community. Amidst a global COVID-19 outbreak that has significantly impacted local economies, it is crucial, now more than ever, to consider BR+E as a means to:
- assess the impact of the COVID-19 outbreak to the local economy
- identify current and potential opportunities and challenges that lie ahead
BR+Es work by using survey questions to conduct live interviews with the business community. Once the data has been collected it is used to formulate actions to support the business community. The Ontario Ministry of Agriculture, Food and Rural Affairs’ (OMAFRA’s) BR+E program helps communities develop situation specific surveys which ask meaningful questions that in turn provide the data needed to plan for economic recovery and future resiliency.
This post will examine the importance of undertaking BR+E in the current context.
Why is BR+E important now?
Continue reading Road to Economic Recovery Using BR+E for Rural Communities →