On November 10, 2016, EEDC received $3-million in federal and provincial funding to pursue investment attraction for the Edmonton region. The EEDC Trade and Investment team works with businesses in the Edmonton region to take risks at two key points in their evolution: as they seek investors and markets here and around the world, and as they prepare to make the jump from local scope to global scope. The investment attraction funding will help us connect companies and investors that may not have considered our region before and into markets that haven’t been able to penetrate as deeply before.
This investment program by EEDC’s government partners allows for a new focus on sector and geo-markets to bring investment to the Edmonton region, and the EEDC team is working to promote our region to the world.
We know that investment in our region works. For example, Siwin Foods came to Edmonton, started in the Leduc Incubator and has since moved into a facility where they are now producing food for Costco’s across Canada, and helping facilitate Edmonton based products to the Chinese market. It is one example of how global investment is growing our business sector.
See the story in the Edmonton Journal here.