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Value-Added
Agricultural Ventures Project
Overview
Fourteen of the firms surveyed called for businesses that would
process agricultural commodities to add value and thereby capture
revenue, job and tax-base benefits which are currently going outside
of Swift Current. An ethanol plant and a meat packing plant were
each mentioned more than once. At the Research Review meeting the
wind industry (i.e. wind turbines) was suggested as another possible
value-added industry to explore. Beyond that, 16 of the firms called
for more manufacturing of any variety because of the spin-off benefit
that primary industry creates for the rest of the economy. A total
of 15 percent of the firms called for more manufacturing establishments.
A significant number of firms interviewed in the BR&E visitation
process called for external recruiting - ten firms called for "any" new
business to be added while 52 percent of firms called for more aggressive
external recruiting.
The short-term goals for this project were:
- Co-ordinate meetings with related agricultural organizations.
- Conduct a SWOT analysis on the agricultural sector in the community.
- Research the pending Southwest REDA project of an Agriculture
Forum.
The long-term goals for this project are:
- Respond to the findings of the SWOT analysis.
- Support agriculture initiatives in the community.
The expected outcome of this project is to have a vibrant, diversified
community.
Progress
To Date
The Value-Added Agricultural Ventures project committee is currently
in the midst of a structural revamp. Action Swift Current is working
to merge the Regional Economic Development project committee to form
a new Action Southwest initiatve. The project is still in
the planning & development stage, but it's general focus will be
on the development of four key industry clusters: value-added agriculture,
energy, manufacturing and tourism. We encourage you to check back
regularly for progress updates. Meanwhile, you can browse the Engaging
Industry Innovation project proposal. We'd welcome any feedback you
could offer.
Action
Southwest
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