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ABCtech #25 23OT14 Small Business Week – Fact and Fixes
FACT - Survivors Few ever grow to 100 staff. Small technology businesses surviving and growing - establishing all of Alberta as a leader in innovation and the commercialization of emerging technologie
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ABCtech #25 23OT14 Small Business Week – Fact and Fixes
QuikTech Notes
23-OCT-14
SMALL BUSINESS WEEK –
Facts & Fixes
Enterprise – necessary
Growth – essential
Success – goal
FACT – Start-ups
Few survive 5 years.
How to survive?
FACT – Survivors
Few ever grow to 100 staff.
How to grow?
Small technology businesses surviving and growing – establishing all of Alberta as a leader in innovation and the commercialization of emerging technologies
RECOMMENDATIONS – FOR MORE Click HERE
1. Human Resources. Improve communications and relational skills for knowledge-based students and graduates, professions and industries.
2. Innovation Zones. Collaboration should be encouraged and small business clusters developed for establishing and evaluating the success of designated innovation zones.
3. Funding Innovation. Cultivate local and regional networks of early stage investors and mentors and restore the role of banks in commercial lending.
4. Policies & Practices. Revise procurement and regulatory, advisory and funding practices to support the development and retention of Alberta innovation and innovators and the attraction of foreign partners.
FOR MORE – Click AGAIN
