Economic Development

What is Economic Development?

Economic Development is a process that influences the growth and well being of a community through such means as job creation, job retention, improved tax base, and a reasonable quality of life.

Economic Development can offer a wide array of strategies to:

• secure a healthy economy in communities,
• help small business grow,
• lead major development projects
• secure outside investments through business attraction
• retain existing opportunities,
• secure access to capital
• marketing and communication

Economic development can mean different things to different people. To youth, it means employment opportunities when they enter the workforce; to those now employed, it means employment alternatives leading to rising family incomes; to the municipal council, it means increased payrolls in the community, resulting in increased tax revenues to provide better services to the populace; to other its may mean improved educational or recreational or health services in the community.

What are Neebing's Economic Development goals?

The Neebing Economic Development Advisory Committee was created to assist with economic development in the community. The Committee is mandated to:

a) liaise with potential developers to provide information and encouragement;
b) look for and identify opportunities for development;
c) assist the Corporation with legwork and development work associated with these opportunities;
d) assist the Corporation with research associated with development possibilities;
e) make recommendations to the Corporation for marketing and developing the community; and
f) liaise with, provide information to, and support local business endeavours.

The goals and priorities of the Committee are to

• Create economic growth by promoting business retention and expansion, touris, and cultural activities
• Build an environment where businesses establish a vibrant and sustainable Municipality capitalizing on rural character.
• Improve the quality of life in Neebing.