FCM International PartnershipBeaumont – Koh Thom

Business Information Exchange

• LED Strategic Plan – Key Focus Area– Business Information Exchange

• Business Collaboration Models

• Proposed – Business Information Exchange Terms of Reference

• Next Steps

• Questions and Answers

Business Information Exchange

• LED Strategic Plan – Key Focus Area– Business Information Exchange

• Business Collaboration Models

• Proposed – Business Information Exchange Terms of Reference

• Next Steps

• Questions and Answers

Business Information Exchange

• Draft of Local Economic Development Strategic Plan– Key Focus Areas

• Agricultural Productivity• Business Information Exchange• Business / Agricultural Financing

– Approved: Working Group– Approved: Steering Committee

August 2011: 1st Mission: Beaumont – Kohthom

September 2011

• During our last mission: Several meetings with business owners in Kohthom District

• Observations:– Common problems / opportunities identified by

business owners– More communication between business owners /

District would be beneficial

August 2011: 1st Mission: Beaumont – Kohthom

www.beaumont.ab.ca

• Second Key Focus Area: BUSINESS INFORMATION EXCHANGE

• Strategic Outcome: Kohthom District businesses are known for actively sharing common challenges and opportunities. They identify ways of helping each other improve their capacity and provide new ideas. Government representatives understand the value of actively participating in these events.

Kohthom - LED Strategic Planning – Key Focus Area

Business Information Exchange

www.beaumont.ab.ca

• Second Key Focus Area: BUSINESS INFORMATION EXCHANGE

• Performance Measures:– Number of events scheduled– Number of participants– Number of participants that identify the sessions as being a good

investment of time– Next steps to be undertaken in coming years identified

• Projects– Have resources to coordinate business sharing events (2012)– Identify entrepreneur interest– Organize three business sharing / business education events in 2012– Communicate information – Identify other business best practices

Kohthom - LED Strategic Planning – Key Focus Area

Business Information Exchange

• LED Strategic Plan – Key Focus Area– Business Information Exchange

• Business Collaboration Models

• Proposed – Business Information Exchange Terms of Reference

• Next Steps

• Questions and Answers

Business Information Exchange

Business Collaboration Models

• A chamber of commerce (also referred to in some circles as a board of trade) is a form of business network, e.g., a local organization of businesses whose goal is to further the interests of businesses.

• Business owners work in collaboration with government on behalf of the business community.

• Chamber membership is usually voluntary• Chambers represent the interests of business

community

Business Collaboration Models

Examples:VISION To see our vibrant community continue

to grow and prosper.

MISSION STATEMENT To foster a positive business environment by providing services, advocacy and leadership to our members.

• What is the Canadian Chamber of Commerce?The Canadian Chamber of Commerce is the most influential business association in Canada - the national leader in public policy advocacy on business issues. Our goal is to foster a strong, competitive, and profitable economic environment that benefits, not only business, but all Canadians

Partners

Business Collaboration ModelsBeaumont - Examples

Beaumont Business Roundtable

Agenda Example- Introductions- Review of last meeting- Dinner / General Comments- Presentation (Update from Town)

- Developments- Projects

- Discussion / Questions- Other Comments / Next Meeting- Adjournment / Thank You

Business Information Exchange Committee

Beaumont Business Roundtable

- Meet for Dinner – 3 times per year- Attendees are business leaders (Approx. 10)

- Live in the Community- Have businesses in the Community

- Town Attendees - Mayor- Chief Administrative Officer- Economic Development

Business Information Exchange Committee

Beaumont Business Roundtable

Benefits- Exchange of information: Town / Attendees- Better understanding of initiatives- Great ideas are generated- Town has a better sense of possible future

partnerships / initiatives- Opportunity to have open dialogue and

establish great relationships

Business Information Exchange Committee

• LED Strategic Plan – Key Focus Area– Business Information Exchange

• Business Collaboration Models

• Proposed – Business Information Exchange Terms of Reference

• Next Steps

• Questions and Answers

Business Information Exchange

Business Information Exchange Committee – Terms of Reference

• PURPOSEThe primary focus for the Committee is to learn from one another and discuss similar challenges and opportunities that exist between them. This will help Kohthom District have a better understanding of how it can best support local businesses and identify other opportunities.

OBJECTIVES• Provide information sharing opportunities.• Provide feedback and recommendations to Kohthom District

representatives on possible economic development opportunities.

• Facilitate learning opportunities common to the Committee.• Facilitate stakeholder partnerships.• To promote a business environment which supports local

economic development.• To give input to Town of Beaumont representatives on

important local economic development actions and activities.

Business Information Exchange Committee – Terms of Reference

ACTION STEPS• To work with the Committee to obtain

information related to common challenges and opportunities.

• Collaboration of Committee participants and Kohthom District representatives.

Business Information Exchange Committee – Terms of Reference

RESOURCES• Committee to work within the current resources available.• Additional resources to be approved by the FCM, NLCS/S.• Other Cambodian partners working on the LED FCM

project (Ta Kmoa, Kampong Cham and Kongmeas). • Other Canadian partners working on the LED FCM project

(Chilliwack, Newell). • There shall be no remuneration for Committee members.

Business Information Exchange Committee – Terms of Reference

COMPOSITION OF COMMITTEE • The Committee shall consist of the following

participants: • Mayor of Kohthom District• Councillor from Kohthom District• 8 Business owners in Kohthom District • Representative – female from the business community • The Committee shall serve as long as the participants

find a value in having meetings.

Business Information Exchange Committee – Terms of Reference

MEETINGS• The Committee shall meet a minimum of 3

times per year. • Kohthom District will be responsible to

prepare the agenda.• Meeting agenda items may be received by

Committee participants.

Business Information Exchange Committee – Terms of Reference

• LED Strategic Plan – Key Focus Area– Business Information Exchange

• Business Collaboration Models

• Proposed – Business Information Exchange Terms of Reference

• Next Steps

• Questions and Answers

Business Information Exchange

Next Steps

• General Objectives: (2013)

–Discuss Questionnaire–Determine next steps–Monitor Progress–Proper Documentation

Thank You / aw kohn

Questions / Comments