The Vancouver Island Economic Alliance’s collaborative approach to economic development offers many advantages to communities and businesses throughout the region:

Shared Resources and Approaches
• Benefit from the shared vision and common economic development strategies
• Region-wide investment profile
• Access to information and data
• Minimize overlap/duplication of economic development activities
• Business/investment retention and expansion program and activities
• Coordinated pooling of resources (financial, human, physical)
• Strengthened individual community and organization economic development efforts

Networking
• Information exchanges and sharing
• Opportunities to network with public and private sector partners and project funders
• Opportunities to participate in and direct Alliance initiatives

Regional Benefits
• Regional consolidation of business/investment marketing and attraction activities
• Collaborative development of infrastructure and economic clusters in the region
• In-depth research and analysis on regional issues and opportunities
• Opportunity to build critical mass, a stronger presence, and an organization that champions the region and its economy
• Collaborative approaches to more complex regional issues and larger scale projects
• Business / investment marketing of the region and of Alliance partners
• A stronger and expanded regional economy and enhanced regional and community performance that benefits everyone

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