Business Retention and Expansion Program Fostering Economic Diversity
Routt County, CO - The Routt County Economic Development Partnership is expanding the Business Retention and Expansion (BR&E) Program, a dynamic initiative aimed at bolstering economic vitality and nurturing local businesses within our vibrant community.
With an unwavering commitment to the prosperity of our region, the BR&E Program emerges as a strategic response to the evolving needs of our business landscape. This program represents a collaborative effort between government agencies, industry leaders, and community stakeholders, all dedicated to creating an environment where businesses can flourish.
Key Features of the Routt County Business Retention and Expansion Program:
Comprehensive Business Support: The BR&E Program focuses on providing targeted outreach and support to primary businesses operating in Routt County. Through one-on-one visits with local business owners and understanding their business needs, we are able to respond with support so they can stay, grow, and become more competitive.
- 2024: 80+ unique businesses, 745+ jobs
- Group Visits: Mythology Distillery, BarUEat, EXPLORIST.life
- 2023: 60 unique businesses, 608 jobs
- Group Visits: Grass Sticks, SOROCO Rise Program, Moots, Alpenglow Beverage
- 2022: 20 unique businesses, 211 jobs
Data-Driven Insights: The data collected by the BR&E Program helps identify trends, strengths, and gaps in the local business ecosystem. This data-driven approach will allow us to craft effective policies and programs that align with the needs and aspirations of Routt County's business community.
Key Industry Support and Collaboration: Building a thriving business community requires connections and collaboration. In an effort to further diversify the regional industry mix, the BR&E program is focused on assisting businesses in key industry sectors through collaboration, trade group formation, event promotion, and networking.
Sustainability and Resilience: With a focus on long-term viability, the Routt County BR&E Program will also promote sustainable practices and resilience-building strategies. By championing environmentally conscious initiatives and innovative business models, we aim to position our businesses for success in a rapidly changing world.
Keith Hensley, Director of Existing Industry, for RCEDP stated that “Business Retention and Expansion is the cornerstone program for economic development in Routt County. By assisting the business assets that already call Routt County home, we enable an improved business ecosystem where companies are more agile, growing and globally competitive. As we inaugurate the Routt County Business Retention and Expansion Program, we celebrate the spirit of entrepreneurship that has always defined our community. We invite all businesses to join us on this exciting journey of discovery, growth, and shared success."
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