A digital toolkit for Ec Dev 2.0 | Number 5 | Circ: 3678

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2010 ICCI Applications Due October 15

Applications for the federal government's Invest Canada - Communities Initiative (ICCI, formerly CISP, formerly  PEMD-I) are due October 15 for projects taking place between January 1, 2010 and December 31st, 2010.  Projects are to be submitted by communities and have a focus on investment attraction or "foreign direct investment".  The Department of Foreign Affairs and International Trade (DFAIT), which administers the program, has altered the rules this year.  Communities must now be registered here with the Virtual Trade Commissioner service in order to apply for ICCI funding, a process which can take 48 to 72 hours.  This will allow access to an online application and information management system for the ICCI program.  Providing millions in funding for economic development initiatives, ICCI and its predecessor programs have been among the most widely used federal initiatives on the local economic development level.  Good Luck!


Major Rural Development Conference Comes to Quebec

The Organization for Economic Cooperaton and Development (OECD) is an association
of 30 industrial democracies working together to understand and promote sound approaches to trade and development.  A major player in international economic discussions, the OECD also host conferences and events around the world.  One of
the biggest scheduled for this year is called "Developing Rural Policies to Meet the Needs of a Changing World" and takes place in Quebec City from October 13 to 15.  The event kicks off with a pre-conference Rural Innovation Exhibition, with the main conference picking up on themes including the revitalization of single industry towns, the potential for rural forest industry development and the growth of local food industries.  The conference is free, but is open by invitation only: to inquire about attending, contact Betty-Ann Bryce at Quebec-CanadaRuralConference@oecd.org.


Canada Ranks Well in R&D Tax Credits

In a new report that's sure to help economic development agencies trying to attract high-end research and development (R&D) operations to their
communities, the US-based Information Technology & Innovation Foundation has just released a ranking of national R&D tax credits.  The report ranks Canada 7th among OECD nations.  Surprises abound in the report, though, which ranks Spain, Mexico and Portugal in the 1-2-3 slots, while the USA is relegated to 17th among the 21 countries studied.  Poland ranks last in the study.  The Canadian score is boosted by the effectiveness of the federal government's Scientific Research & Experimental Development (SR&ED) tax credit program, which many Canadian communities promote when attempting to attract international investment.  The report may be found here.


Who Ranks the Rankers? All the Ammunition You Need to Say You're the Best

http://www.countrybrandindex.com/country-brand-rankings/

FutureBrand, a global marketing consulting company, has developed a series of national "brand" rankings.  Ever wonder what country has the best market reputation as a centre of advanced technology? Japan.  Which has the highest standard of living?  Sweden.  The Easiest place to do business in?  Canada.  FutureBrand has ranked countries in 30 categories, and combined the rankings into an overall brand score.  Australia comes out on top overall in the 2008 ranking, just released by Futurebrand here, while Canada comes a close 2nd and the USA ranks 3rd.  In addition to the "easiest place to do business" category, Canada also came first in the "family friendly" category.  There are some controversial scores here, though, like the USA not making the top 10 in "political freedom" or the top 10 in "Safety" (measuring stability and security).  Whether you're boosting your foreign marketing materials or kicking off a conversation around the water cooler, FutureBrand's 30 sets of rankings are worth a closer look!


Ontario Offers Creative Communities Prosperity Fund

For those riding the wave of the “Creative Class” phenomenon, the Ontario government is offering some financial support.  Municipalities, First Nations and Not-for-Profit Organizations can apply for funding under the Community Prosperity Fund to strengthen the role of culture in local development efforts, and to engage in a range of cultural planning activities.  Projects that link cultural planning and development to the local economy are particularly favoured under the fund’s guidelines.  Delivered through the Ontario Ministry of Culture, the program will receive applications until October 15, 2009.  Depending upon the project, as much as 80% of costs may be covered by the fund, with funding of up to $150,000 per project available.


New “Green Collar Jobs” Report Now Available

Two divisions of the Pew Charitable Trusts – one of America’s most respected think tanks – focused on the environment and the economy have combined forces to produce a new report on “The Clean Energy Economy: Repowering Jobs, Business and Investment Across America”.  Heavy on charts and statistics – which makes it perfect for bolstering presentations pitching the sector as a future investment attraction target – the report suggests that the clean energy sector will outgrow and outperform most other sector of the economy over the next twenty years.  This isn’t exactly news, but the report packs the data (and the reputable source!) to help communities make the case for action on this front.


Employment Development Index August 2009

Our Employment Development Index uses regional employment figures from Statistics Canada to map changes in job creation, and loss, across the country over time, illustrating the regional variations in our current economy. For a closer look, click here.

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