Investment Readiness Toolkit
The Economic Development (ED) practitioner has a demanding and complex job in this global economy. The Investment Readiness Toolkit is an important instrument to help you meet the high expectations required to attract, retain and grow businesses.
The Investment Readiness Toolkit provides frameworks and practices to manage familiarization tours and other aspects of investment attraction. The Toolkit will assist communities to identify investment readiness gaps, develop new or improved economic development processes and expand capacity for communities to attract, receive and successfully explore investment opportunities. This document has been developed by EDA in partnership with the Government of Alberta and the Government of Canada.
Why do communities engage in investment activities?
1. To create economic diversity
2. To maintain and expand infrastructure
3. To increase the ability to meet the needs of residents and businesses
What's inside the Toolkit?
How to use the Toolkit:
Each section provides you with ways to better understand your community and a checklist to perform the practice.
Best practices are also included.
Templates are included that you can adapt for your own community's needs
Business and Investment Attraction Course
In addition, take our Business and Investment Attraction course for a comprehensive look at community investment readiness; competitive advantage, how to select key target markets for investment attraction; working with site selectors; and, attracting foreign direct investment to help your community expand its economic base.