Reposition the LQRDA as the lead catalyst of regional economic development in Lunenburg Queens

• Build the LQRDA brand in the region
• Foster key stakeholder relationships
• Produce timely demographic/economic data and report on economic development activities in region on an annual basis
• Inform the business community of the economic development and related services available and make accessing more understandable
• Develop special project funding strategy

• The number or percentage of companies or other organizations who view the LQRDA as the go-to organization for regional economic development projects
• LQRDA increases their network of local and provincial relationships based on a number or percentage to be incorporated into a stakeholder engagement plan

Build the LQRDA as a professional economic development organization with a dynamic and effective Board and a motivated and highly competent staff

• Have an effective and engaged Board of Directors
• Hire and retain a high quality team of economic development professionals
• Invest in professional information technology tools
• Engage in professional networks

• Achieve a 90% or higher Good to Excellent rating on BRE and funding partner surveys

Foster economic growth through local business expansions, attracting investment, retention of businesses in the region and targeted industry development efforts

• Foster retention, local expansions and new start-ups primarily within the growth sectors
• Attract new investment into the region by becoming a one-stop shop for regional economic and business information
• Identify export ready companies and connect them with appropriate resources

• At least 1,000 new jobs over five years influenced directly by the efforts of LQRDA
• Return on funding partners’ investment
• Leverage Municipal Investment from 1:3 to 1:4 by Year Five
• 120 export potential and export ready companies assisted

Create wealth in our communities by ensuring the region’s targeted growth sectors have the right people in the right numbers with the right skills

• Boost immigration/migration into the region
• Establish business/academia government committee to work continuously on region wide workforce issues primarily in targeted growth sectors
• Address aging workforce challenges
• Retain the younger workforce
• Address skills gaps/mismatch

• Achieve a 50% reduction in firms claiming to have significant workforce challenges (among BRE surveyed firm)
• Attract 300 new immigrants / migrants over five years influenced directly by the efforts of LQRDA

Support community based economic development initiatives of regional significance that directly support the other strategic objectives and/or targeted growth sectors

• Build community capacity
• Integrated Community Sustainability Plan - regional development
• Collaborate with key stakeholders to develop a common vision and strategic direction for tourism throughout the region
• Advance key economic development related infrastructure projects of regional significance
• Capture all industrial park properties, commercial and industrial vacant properties
• Special projects development
• Foster entrepreneurship

• Achieve a 90% or higher Good to Excellent rating among organizations engaged in community based economic development initiatives supported