Alliance formed to target business opportunities
The Eastern Suppliers Development Alliance, a partnership of economic development organizations, is undertaking an analysis of business opportunities associated with the Hebron oil project.
Established in 2009, the alliance consists of the Schooner Regional Development Corporation, Discovery Regional Development Board, Avalon Gateway Regional Economic Development Board and chambers of commerce representing the Burin Peninsula, Clarenville and Arnold’s Cove areas.
The region represented by the alliance includes infrastructure that lends itself to the oil and gas, manufacturing and fabrication, and supply and service sectors, including Peter Kiewit Offshore facilities in Marystown, Clarenville Shipyard and Bull Arm Fabrication facility.
The provincial government has invested more than $61,000 to allow for an analysis to identify opportunities for a wide-range of sectors including fabrication, manufacturing, retail and service. The alliance will also be initiating an awareness campaign focused on highlighting available skills and expertise in the eastern region to procurers of products and services.
Innovation, Trade and Rural Development Minister Shawn Skinner indicated working collectively to identify opportunities on large-scale industrial projects bodes well for the success of local businesses.
“ There are considerable opportunities for local businesses on industrial projects such as the Hebron oil development. As a government, we strongly support initiatives that explore possible opportunities and work to maximize their potential for the benefit of local businesses.”
The alliance’s awareness campaign will focus on highlighting the strengths of doing business with companies and organizations in the eastern region. It will use a variety of tactics including trade show participation and development of marketing materials such as a website, two-page regional profile, banners and a logo.
Schooner Regional Development Corporation Executive Director and alliance representative Ellen Picco suggested “ Through this initiative, the Eastern Suppli- ers Development Alliance will assist local businesses in assessing their capabilities and identifying strategies to better position their entry into the supply and service chain of the oil and gas industry.
“ The marketing campaign will provide the alliance with tools to promote the capabilities of the eastern region to the major players in the industry while drawing the attention of the local business community to the opportunities relevant to the industry.”