Appendix 2

Economic Development Activities

Key Activity	Components	VEDC 2002 Business Plan
Economic Development Leadership	Economic VisionBusiness Planning · Long-term strategies and multi-year business plans; periodic reviews and update Economic Advice · White papers on local issues Partnerships · Active relationship building with related organizations Economic Development Activity Monitoring · Quarterly and year-end reporting to Council	Goal 1 Secretariat Goal 1 Goal 1 Secretariat, Goal 3
Attract, Retain, Expand Businesses	Promotion/Marketing · City-focused promotion in concert with provincial entity · News on local issues Economic Development Info · City information base Site Selection Services · Assistance for site selectors looking at Vancouver Retain and expand business · Contact and visit businesses	Goal 2; Goal 1 Goal 2 Goal 2 Goal 2
Conduit between Government and Business /Expeditor	Business Advocacy and Support · Assist business working with COV (who, how) Workshops	Goal 2 Goal 1
Trade Delegations /Missions	Delegation Reception Trade missions	Goal 2
Research /Economic Information	Develop information · Manage COV statistics · Monitor competitor cities	Goal 2
Performance Measurement	Develop benchmarks · Benchmark activities · Develop a report card on COV economic performance Develop comparative statistics · Track comparative statistics	Goal 3
Projects	· Dependent on funding

(c) 1998 City of Vancouver