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Photo Credit: Stefania Galluccio @mystoo
653 - 12/4/2019 4:33:25 PM  

Economic Monitor Launched
New tools make information more available for new and existing Guelph businesses

[Photo Credit - Beautiful Guelph]

For Immediate Release - December 3, 2019

“We are always elevating Guelph’s profile through our efforts to promote our city as a great place to do business. These new tools help us stand out from other cities and keep us ready to service new and existing businesses.” – Kurtis Wells, Marketing and Events Coordinator, City of Guelph

The City of Guelph has launched an array of new tools to make it easy to do business in Guelph. The new tools include the Guelph Economic Monitor, profiles of Guelph’s four target sectors and the Grow Guelph website.

Guelph Economic Monitor  - the City teamed up with Townfolio to create a customized dashboard that provides economic data and insights for businesses and the general public. The Guelph Economic Monitor highlights the performance of Guelph’s economy through the tracking and visualization of key economic indicators such as local demographics and labour force statistics. The dashboard will give businesses and prospective investors an overview of Guelph’s economy at any given time to help inform their business plans and investment location decisions.

The Guelph Economic Monitor is updated monthly, quarterly, and annually based on the timing of source information updates. These updates ensure the most relevant and up to date information is always available to those viewing the dashboard.

Sector Profiles
Updated sector profiles based on the City’s four target sectors are now available in print and digital formats:


The sector profiles identify the following for each growth sector:

• Key sectoral data
• Examples of leading local businesses in the sector
• Testimonials from local businesses in the sector
• Information about Guelph including location and academic connections
• How the City works to support local businesses through Building Partnerships

The City will share the sector profiles with investment prospects from around the world who are considering Guelph as a location for their business and they will be available through business trade shows and incoming and outgoing trade missions. The profiles are available digitally and in print, and are translated into six different languages: Chinese–simplified, Chinese–traditional, French, German, Italian and Spanish. The profiles are also available to our local businesses and ambassadors to share with their networks.

Grow Guelph website
Earlier this year, Grow Guelph launched growguelph.ca, a digital one-stop-shop that connects businesses to the local services they need. Visitors can easily navigate the site to find local business support organizations that can help with information about starting a business, funding programs, training, business networking events and the many other resources available to businesses in Guelph.

Quotes
“Data analysis is an integral part of making business decisions, and here at the City we want this information to be readily available to key decision makers. The Guelph Economic Monitor is one of the many steps we’re taking to provide businesses with the tools they want and need to succeed in Guelph.”
– Tyson McMann, Business Development Analyst, City of Guelph



“Our goal at Townfolio is to help municipalities organize and visualize large amounts of data. By working closely with the City of Guelph we were able to create a comprehensive dashboard displaying local key economic indicators. This tool will inform business investment decision making and help Guelph achieve its economic development goals.”
– Davie Lee, Co-founder and CTO, Townfolio

About Invest in Guelph
Invest in Guelph represents the business development outcomes identified in the City of Guelph’s economic development strategy, Prosperity 2020. Invest in Guelph aims to position and promote Guelph as an ideal place to do business. From the moment you begin considering Guelph we provide you with a list of resources, offer an array of confidential business investment services, information and data resources and expedited and streamlined development approval processes to reduce your investment risk and save you time. We make it easy to do business in Guelph.

About Grow Guelph
Grow Guelph is a Task Force of local business service organizations who support and grow businesses in Guelph. The Grow Guelph Taskforce is made up of the Business Centre Guelph-Wellington, Career Education Council Guelph Wellington Dufferin, City of Guelph, Conestoga College, Guelph Chamber of Commerce, Innovation Guelph, Guelph Wellington Local Immigration Partnership, Ontario Ministry of Agriculture, Food and Rural Affairs, Ontario Ministry of Economic Development, Job Creation and Trade, University of Guelph, and Workforce Planning Board of Waterloo Wellington Dufferin.

For more information:
Kurtis Wells, Marketing and Events Coordinator
Business Development and Enterprise Services
City of Guelph
519-822-1260 extension 2079

Tyson McMann, Business Development Analyst
Business Development and Enterprise Services
City of Guelph
519-822-1260 extension 3525


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