2015-06-30_HRA_Agenda_Packet_Strategic_Planning

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Attachment B to compete in the global economy ROSEVILLE BUSINESS RETENTION AND EXPANSION PROGRAM To establish and implement a strategic plan for economic Communities recognize that helping development existing businesses to survive and grow is a vital economic development strategy. To build community capacity to The Roseville Business Retention and sustain growth and development and Expansion Program (BR&E) is designed to assist local businesses in thriving and To develop and foster a relationship expanding in the city. While attracting with our existing businesses. businesses from outside the community Sponsorship or encouraging new business start-ups are important components of any This program is sponsored locally by the economic development strategy, research Roseville Housing and Redevelopment has shown that up to 86 percent of new Authority (HRA), the City of Roseville and jobs are created by businesses already in Xcel Energy. The Minnesota Department the community. Minnesota data from of Employment and Economic 2012 showed four times as many new Development also participated in the jobs created by existing business as from Roseville BR&E program. either business attraction or BR&E History entrepreneurship. The Roseville BR&E began with city staff The Roseville BR&E Program is a Jeanne Kelsey and Patrick Trudgeon comprehensive and coordinated participating in the BR&E Course offered community approach to assisting existing by the University of Minnesota Extension businesses. Visiting local businesses and in winter 2013. Subsequently, the learning their concerns is only one community contracted with Michael component of the process. The BR&E Darger, , to program builds awareness in the provide applied research and limited community of issues that face businesses consulting assistance. Jeanne Kelsey, and builds capacity for the community to Acting Executive Director of the HRA, is address these issues. The program also the overall leader for the Roseville BR&E. assists local leaders and community She was assisted by Josh Hill, Community members in working together to provide Development Intern in launching the solutions to business concerns. BR&E. Objectives Survey Instrument The Roseville BR&E Program has six Roseville created a new interview guide objectives: by combining elements of both To demonstrate support for local businesses interview guides. The Roseville interview guide was used by To help solve immediate business volunteer visitors on the business visits. concerns ROSEVILLE BR&E SUMMARY 1