Business Retention & Expansion Back »

This economic development strategy targets specific industries in your community. The Community Vitality team can analyze a county, community, or economic development organization’s situation and determine what training might be appropriate to meet their specific development needs.

Main street in a small town.

Key components of the program include:

  • Determining if BR&E is right for your community
  • How to research, prioritize, and implement successful BR&E projects
  • How to put together a BR&E leadership team
  • How to train BR&E volunteers
  • How to target specific industries such as tourism or agriculture

The Business Retention & Expansion Program starts with a survey of area businesses. In addition to finding those businesses’ strengths, the survey can identify potential “red flag” issues.

Once there is a good understanding of the current situation, program participants can start to look forward. BR&E can be used to help with:

  • Workforce development decision making
  • Making regional transportation decisions to assist manufacturers
  • Coordination of entrepreneurial growth
  • Succession planning for rural businesses

SDSU Extension Community Vitality Field Specialist talking with a local business owner.

If you have questions about this article contact Paul Thares (SDSU Extension Community Vitality Field Specialist) at the Lemmon Regional Center at 605.374.4177.

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