FCM International Partnership Beaumont – Koh Thom Local Economic Development Plan

FCM International PartnershipBeaumont – Koh ThomLocal Economic Development Plan

Local Economic Development Plan Overview -Kohthom - LED Strategic Planning – Overview • Vision • Mission • Values • Key Focus Areas • Strategic Outcomes • Measurable • Projects • Next Steps • Questions & Answers www.beaumont.ab.ca

August 2011: 1st Mission: Beaumont – Kohthom • Capacity Building / Knowledge Sharing Workshop

August 2011: 1st Mission: Beaumont – Kohthom • Draft of Local Economic Development (LED) Strategic Plan • Key Focus Areas • Agricultural Productivity • Business Information Exchange • Business / Agricultural Financing • Approved: Working Group • Approved: Steering Committee September 2011

Local Economic Development Plan LED Strategic Planning - Overview • Vision • Mission • Values • Key Focus Areas • Strategic Outcomes • Measurable • Projects www.beaumont.ab.ca

Local Economic Development Plan Kohthom - LED Strategic Planning - Overview • Vision: Preferred / Ultimate Future • Our LED Vision for the Future A vibrant district that has good living standards, and is known for excellence in business agriculture. www.beaumont.ab.ca

Local Economic Development Plan Kohthom - LED Strategic Planning - Overview • Mission: Overall Purpose of Organization • Our LED Mission To provide human resources / technical assistance that will support capacity building, mentoring and information sharing opportunities on local economic development (LED) initiatives. www.beaumont.ab.ca

Local Economic Development Plan Kohthom - LED Strategic Planning - Overview • Values: Guiding Principles • Identified Values: • Being Open: transparent, loyal and honest in our activities • Good Governance: always act legally in the best interests of the entire community • Respect: colleagues, the community and all those serving the community mutually respect each www.beaumont.ab.ca

Local Economic Development Plan Kohthom - LED Strategic Planning - Overview • Key Focus Areas: Priority Areas of Importance • 3 Areas Identified: • Agricultural Productivity • Business Information Exchange • Businesses / Agricultural Financing www.beaumont.ab.ca

Local Economic Development Plan Key Focus Area • First Key Focus Area: AGRICULTURAL PRODUCTIVITY • Strategic Outcome: The District of Kohthom agricultural community has access to capacity building and information sharing opportunities. • Performance Measures: • Number of best practices / techniques identified • Selection of champion farmers • Net benefit: before and after implementation • Number of outreach / educational opportunities • Projects Hire an individual that has knowledge and expertise in rice crop management (possibly focus on dry season rice) • Research and identify best practices in rice crop management • Identify rice champion farmers to take part in the project • Education • Explore the value of agricultural cooperatives www.beaumont.ab.ca

Local Economic Development Plan Key Focus Area • Second Key Focus Area: BUSINESS INFORMATION EXCHANGE • Strategic Outcome: Kohthom District businesses are known for actively sharing common challenges and opportunities. They identify ways of helping each other improve their capacity and provide new ideas. Government representatives understand the value of actively participating in these events. • Performance Measures: • Number of events scheduled • Number of participants • Number of participants that identify the sessions as being a good investment of time • Next steps to be undertaken in coming years identified • Projects • Have resources to coordinate business sharing events (2012) • Identify entrepreneur interest • Organize three business sharing / business education events in 2012 • Communicate information • Identify other business best practices www.beaumont.ab.ca

Local Economic Development Plan Key Focus Area • Third Key Focus Area: BUSINESS / AGRICULTURAL FINANCING • Strategic Outcome: That businesses and agricultural operations have access to affordable capital and financing that will provide them better opportunities to start up, operate and expand, with possible value added opportunities. • Performance Measures: • Research includes items indicated • Complete research has been finalized by December 31, 2012 • Next steps identified • Projects • Research capital financing options (2012) • Current Cambodian examples • Comparison with other neighbouring countries • Research comparisons in other developing countries • Determine options • Analysis on possible next steps www.beaumont.ab.ca

Local Economic Development Plan Overview -Kohthom - LED Strategic Planning – Overview • Vision • Mission • Values • Key Focus Areas • Strategic Outcomes • Measurable • Projects • Next Steps • Questions & Answers www.beaumont.ab.ca

January – February 2013 – 2nd Mission: Beaumont - Kohthom Objectives: • Remind stakeholders objectives Demonstration Project / LED Strategic Plan Priorities • Status meeting with Steering Committee • Identify opportunities: environmental and gender considerations • Develop relationships • Access needs and opportunities; • Provide assistance, support, training and capacity building 3 key focus areas of LED Strategic Plan;

Next Steps • General Objectives: (2011-2012) • Determine next steps / timelines in 3 key focus areas • Agricultural Productivity • Business Information Exchange • Business / Agricultural Financing • Review LED Plan

Next Steps Town of Beaumont: • Small budget to support community meetings • Small budget to hire local consultants for research, advise, etc • Provision for interpretation during missions and translation • Determine possible next mission date • Ensure progress is being made in key focus areas

Thank You / aw kohn

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FCM International Partnership Beaumont – Koh Thom Local Economic Development Plan