Metal Tech Alley Wins Open for Business Award
Last week Small Business BC recognized the success of Metal Tech Alley at the 2019 Award Gala . Against competition from eight other BC communities, the Trail Area won the Open for Business Award – Medium Communities Category!
The Lower Columbia Initiatives Corporation (LCIC) entered this competition using Metal Tech Alley as a case study. Metal Tech Alley is a great example of an innovative strategy ensuring that local communities are open for business! This award was judged on the basis of how effective the initiative was in attracting and retaining businesses, as well as its impacts on the communities. Our application clearly demonstrated that the Metal Tech Alley strategies for business attraction, workforce development and attraction, and commercialization are highly successful at both bringing new businesses to our area, and helping established companies to grow.
Positive community feedback shows that Metal Tech Alley is a collaborative economic development strategy. Terry Van Horn, Executive Director of the LCIC, spoke to this in an interview this week with the Trail Times: “It is validating to know the collaborative approach to supporting economic development that the region has undertaken through the LCIC is celebrated and seen as an innovative approach to supporting the business community.” We would like to to thank our communities, local businesses, and partner organizations for their support of our application!
At this time, we are looking ahead to the future success of Metal Tech Alley by putting in place sustainability plans and taking cutting-edge approaches to economic development. These plans involve supply chain gap analysis focusing on the potential of the circular economy. This will strengthen local businesses and make the region more attractive to foreign investment. Further developing clean technology and environmentally sustainability is another key area of focus for the future of Metal Tech Alley. Stay tuned for more success stories!!