KEDCO Update: Week Ending February 11, 2011

Published on: 2011/02/14 - in Releases

HIGHLIGHTS OF RECENT PROGRESS & ACTIVITIES

Business Development

On February 8, KEDCO hosted a presentation and roundtable discussion with Dawn Desjardins, Assistant Chief Economist with the Royal Bank of Canada. Desjardins met with Kingston Industry Leaders, City Councillors and KEDCO Board Members on the state of the North American and Canadian economy and its implications on the local market.

The Honourable Glen Murray, Minister of Research and Innovation and the Honourable John Gerretsen, Minister of Consumer Services made a special announcement on February 10 at Innovation Park at Queen’s University.  They officially announced that the Eastern Lake Ontario Regional Innovation Network (ELORIN) is now part of the Ontario Network of Excellence which consists of 14 regional innovation centres across that help local entrepreneurs bring innovative ideas to the marketplace.  During Minister Murray’s visit to Kingston, he met with Jeff Garrah, CEO and John Paul Shearer, Director of Business Development to discuss local business activity and further opportunities to connect with provincial funding opportunities.

KEDCO is pleased to announce that New Empire Design Build Contractors Ltd. are expanding their developments in the City’s east end.  New Empire Contractors have purchased nine acres on Innovation Drive within the St. Lawrence Business Park with the intention to develop the lots with a 104,000 square foot professional office/industrial condominium project which will see units being offered for sale and lease.  Construction will begin immediately, with occupancy slated for mid-2011.  This project represents approximately $8M in new investment for the city.

Tourism Kingston

Tourism Kingston’s 2011 Marketing Plan is now available online at http://tourism.kingstoncanada.com/en/makeaconnection/reports.asp.  Over the last five years, Tourism Kingston has released an annual marketing plan outlining the division’s core objectives, tactical execution, target markets, challenges and opportunities as well as a method of measuring the return on investment. The document serves to provide industry partners with a clear understanding of Tourism Kingston’s mandate, mission, corporate priorities and focus for 2011.

Tourism Kingston coordinated a workshop with The Welcome Cyclists Network on February 7.   The goal is to help connect bicycle friendly accommodations, food service providers, attractions and service businesses catering to cyclists, to the growing number of cycle tourists in Ontario.  The workshop provided participants with information on target markets; regional cycling routes and services; and how to become a certified bicycle friendly business.

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