The Prescott and Russell Entrepreneurial Academy

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2 2 PRESCOTT AND RUSSELL ENTREPRENEURIAL ACADEMY The Prescott and Russell Entrepreneurial Academy The Prescott & Russell Entrepreneurial Academy project will help small and medium-sized enterprises to further develop, which will contribute to the economic growth of Prescott & Russell by attracting and expanding the SMEs in Prescott & Russell and in Eastern Ontario... Mr. Jacques Laplante, President Laplante Chevrolet Buick GMC, Casselman, Ontario COVER PAGE: EXTERIOR VIEW OF FUTURE ECOLAROSE CENTRE Location where: the Prescott and Russell Entrepreneurial Academy will be

3 ENTREPRENEURPR.CA 3 Overview of the Academy The Entrepreneurial Academy is an incorporated non-profit organization whose mandate is to operate all programming and services of the ecolarose Center. The Academy will provide the relaxed but active atmosphere that is essential to creative thinking and will incorporate ecological values within entrepreneurial programming.

4 4 PRESCOTT AND RUSSELL ENTREPRENEURIAL ACADEMY Vision of the Academy The Entrepreneurial Academy will be the primary catalyst in moving forward with innovative transformation of existing businesses in all economics sectors. The vision of the Academy is to be the entrepreneurial hub to motivate and support existing individual businesses, industries and community organizations in realizing new opportunities and to forge innovative economic clusters. Rationale for the Academy The vision of the Economic Development Plan for the United Counties of Prescott and Russell, completed in 2011, sees the emergence of new opportunities based on convergence, creativity and talent of the traditional and evolving industry sectors. Such convergences will occur through the formation of economic clusters, notably: Bio economy, alternative and green industries, Food processing and transportation, Logistics and distribution, Agri, eco and culinary tourism.

5 ENTREPRENEURPR.CA 5 PARTNERSHIPS Our major partner is the: United Counties of Prescott and Russell. We also have very important partners such as the Prescott-Russell Community Development Corporation, the Eastern Ontario Training Board and the Cité Collégiale in Ottawa.

6 The Prescott & Russell Entrepreneurial Academy will enable the business people of the region and from elsewhere to maximize their business knowledge while sharing their best practices with their peers in a business environment... Mr. Michel Lavigne, Chartered Accountant Ottawa, Ontario ~PLAN OF THE MAIN BUILDING Gross floor area: 17,800 square feet One story wooden construction

7 ENTREPRENEURPR.CA 7 Role of the Academy 1. Develop and deliver all levels of entrepreneurial, corporate and educational programs and services. 2. Provide management and administration of the ecolarose Centre, inclusive of a central booking and scheduling system for meeting rooms and cabins. 3. Administer all tourism-related use of the ecolarose Centre, inclusive of an entrepreneurial component of tourism development. ~EXTERIOR VIEW OF A CABIN Surface area: 300 square feet

8 8 PRESCOTT AND RUSSELL ENTREPRENEURIAL ACADEMY Programs of the Academy 3 major product categories: 1. Entrepreneurship Relevant best practices; Specialty competencies; Series of guest lectures by invited CEO S. 2. Education and Corporate Meetings Day or multi-day eco-camp for students from Grade 7 to 12; Events links to curriculum; Teacher Tours for Secondary School teachers to introduce them to particular industries; Day or multi-day courses linked to special skills, such as GIS, Geometrics, Administration, Marketing and much more; Single or multi-day meetings and trainings booked by corporation, agencies, municipalities and governments. 3. Tourism Members of the public inclusive of trail groups that use Larose Forest who want to book a cabin for recreation or tourism; Clients that want to use the setting of Larose Forest and the facilities of the ecolarose for private functions, such as wedding and family reunions; Tourism and culinary programs offered by the Academy that relate to regional economic development.

9 9 TOURISM EDUCATION AND CORPORATE MEETINGS ENTREPRENEURSHIP

10 10 PRESCOTT AND RUSSELL ENTREPRENEURIAL ACADEMY Economic Impacts of the Academy 17 Full-time positions 20 to 30 Part-time positions $870,000/year Expenditures on goods and services 1.3 Million/year Direct and indirect impact Governments Priorities 1. Jobs Job creation remains a top priority, along with helping workers get better jobs. Apprenticeship grants, retraining programs, support resources, and funding are ensuring that Canadians have access to the training, development and career advancement required for success in today s global economy.

11 ENTREPRENEURPR.CA Growth The global economy is changing. Competition for the brightest minds is intensifying. The pace of technological change is creation new opportunities while making older business practices obsolete. Canada s long-term economic competitiveness in the knowledge economy demands globally competitive business that innovate and create high-quality jobs. 3. Prosperity The Government is committed to ensuring individuals, business and communities have the resources and programs they need to prosper. The Economic Plan offers support measures to help relieve the financial pressure on families and business. Jobs, Growth and Prosperity priorities with programming that: 1. Encourages the next generation of innovators and entrepreneurs. 2. Plans for the labour needs of tomorrow. 3. Supports increased access to capital for higher-risk endeavours. 4. Cultivates and commercializes innovation. 5. Diversifies local economies. 6. Improves the productivity of private sector firms. 7. Develops community partnerships that will lead to economic growth and prosperity.