I was traveling last summer and stopped in to see the Kamloops Innovation Centre, or (KIC). The centre cranks out start-ups, which is inspiring in itself but is even more poignant when witnessed. You should witness their version of business incubation too.
Kamloops Innovation Centre
I have often thought that we, in Ec Dev, are not hands on enough with local start-ups, in fact, we can, at times, focus on the business plan writing aspects of business development. The KIC, even though it is not really their mandate, has done a pitch-perfect job of the business development aspects of municipal economic development, for the city of Kamloops, and the region.
There is a real “get to work” type melody that resounds through KIC, and by the time I was back in Manitoba, I had designed a few projects in the same key, per se. With the underutilized sections of our office and a few supporting collaborative projects, my crew and I, stepped up the beat within the parameters of a regional economic development office and got to work with some business incubation ourselves.
18 months later we had 26 entrepreneurs working with us…
And thank-you Dr. Lincoln Smith, and KIC crew, for carrying such a great tune. Keep whistling while you work.
This is how it worked out for us at PRED: