Entrepreneurship and Regional Development

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The Government of Alberta fosters sustainable economic growth throughout the province by actively engaging with small business, entrepreneurs, industry and communities across Alberta on economic development initiatives. Some of these initiatives include:  

  • Providing economic and statistical information on a regional basis;
  • Supporting Regional Economic Development Alliances (REDAs);
  • Developing information resources related to regional development and community development; and
  • Hosting economic development conferences and symposiums for industry and community leaders.
  • Developing a Small Business Strategy to help us foster a better climate that empowers small business and entrepreneurs in Alberta.

Small Business Strategy Engagement Sessions

Small businesses are a vital part of Alberta’s economy. They comprise 95 percent of all businesses in the province, account for over a third of private sector employment and contribute over 27 percent to Alberta’s GDP. While Alberta has been home to the highest number of small business start-ups over the past 10 years, small business owners have identified ways we can do even better. At the same time, the global marketplace is increasingly competitive, and we need to ensure Alberta’s economy is creative, innovative, productive and growing.
 
To this end, the Government of Alberta has recently engaged with people from various walks of business life to help develop a small business strategy for Alberta. Visit shape.alberta.ca for more information and to get involved. 

To learn more about Alberta's entrepreneurship and regional economic development initiatives, see:

Regional Economic Development Sections

Regional Information Map

For the purposes of providing comparable annual regional economic data within Alberta, the province has been divided into 14 economic indicator regions.  It should be noted that Alberta's economic indicator regions do not take the form of formal community partnerships, nor do they necessarily share the same boundaries as those set by the Regional Economic Development Alliances.

The Regional Information Map contains links for each region to the following:

  • Government of Alberta contacts in each of the Regional Development Branch Offices;
  • Regional Economic Development Alliance (REDA) information; and
  • Regional Economic Indicators.

Regional Economic Development Alliances

Alberta's Regional Economic Development Alliances (REDAs) developed out of a need to stimulate long-term economic development and growth strategies in Alberta's rural and urban communities.

REDAs in Alberta are autonomous grassroots-based non-profit organizations comprised of member communities and regional stakeholders that work together to foster business development and prosperity in a defined geographic area. This collaboration and cooperation enables members and stakeholders to undertake projects that they could not necessarily do on their own.

Community Economic Development

Find tools and supports to help community stakeholders develop and implement an economic development plan for their local area. 

Entrepreneurship and Regional Development Branch Offices

Find contact information for a Regional Development Branch Office near you.

Rural Alberta Business Centres

The Rural Alberta Business Centre (RABC) Pilot Program is a partnership between the Government of Alberta and local organizations activity involved with the business community. As part of the three-year program, RABCs will provide advice and information services to entrepreneurs and small businesses to assist them in making informed business decisions.