Entrepreneurship - PowerPoint PPT Presentation

About This Presentation



Small Business Policy Branch Industry Canada Presentation to OECD Entrepreneurship Indicators Workshop October 27, 2005 Contents of Presentation Add title of section ... – PowerPoint PPT presentation

Number of Views:449
Avg rating:3.0/5.0
Slides: 11
Provided by: Pol83
Learn more at: https://www.oecd.org


Transcript and Presenter's Notes

Title: Entrepreneurship

Entrepreneurship Small Business Policy in Canada
  • Small Business Policy Branch
  • Industry Canada
  • Presentation to
  • OECD Entrepreneurship Indicators Workshop
  • October 27, 2005

Contents of Presentation
  • Context
  • Entrepreneurship Policy in Canada
  • Canadas Small Business Policy Agenda
  • Indicators of Entrepreneurship and Small Business
    in Canada
  1. Add title of section 1
  2. Add title of section 2
  3. Add title of section 3
  4. Add title of section 4
  5. Add title of section 5
  6. Add title of section 6

Entrepreneurship Policy in Canada Context
  • Canada had a National Entrepreneurship Policy
  • Goal was to encourage an entrepreneurship culture
  • Promote entrepreneurship as an option
  • Income support, e.g. Self-employment Assistance
  • Community development e.g. Community Futures for
    rural regions to encourage self-sufficiency
  • Comprehensive review of small business policy in
    1994 developed by departments of Industry and
    Finance shifted emphasis
  • Entrepreneurship policy funded federally but
    developed and delivered at regional and local
  • Small business policy revamped at national level,
    with emphasis on encouraging growth of small

Current Entrepreneurship Policy
  • Diverse pattern across Canada regarding
    information, delivery and development
  • National information system for potential and
    actual entrepreneurs (Business Canada) via
    entrepreneurship centres also provide
  • Programs administered by four (federally funded)
    regional agencies (Atlantic, Western, North
    Ontario, Quebec)
  • Delivery vehicles for programs are typically
    Community Futures Development Corporations
  • Community development is an important objective
    for encouraging entrepreneurship
  • While funded federally, program content and
    delivery thus reflect local diversity

Entrepreneurship Policy Activities
  • Activities include
  • Business planning and start-up
  • Technical assistance
  • Financial assistance repayable loans, loan loss
  • Improving telecommunications infrastructure in
    remote areas
  • Target groups
  • Aboriginal entrepreneurs
  • Women entrepreneurs
  • Young entrepreneurs
  • Rural businesses community development
  • Francophone entrepreneurs

Canadas Small Business Policy Agenda (Federal)
  • Based on two underlying principles
  • Non-intervention let markets function freely
    fill market gaps
  • Subsidies program and grants have been largely
  • Use business-like principles of management e.g.
    partnering, tracking program effectiveness
    client-oriented services
  • Shift towards cost-recovery and repayable
  • Focus is now on creating the right environment
    for business start-up and firm growth.
  • Provision of strategic information
  • Framework policies that protect the public
    interest while fostering innovation and
    competitiveness, fiscal situation taxation
    measures for small business government

Small Business Policy Current Priorities
  • Supporting Innovation
  • Improve investment adoption of advanced
    technologies by small businesses support
    networks for commercialization
  • Bridging Financing Gaps
  • Improve access to debt financing by start-ups,
    young entrepreneurs, knowledge-based firms and
    aboriginal entrepreneurs
  • Easing Regulatory Burden
  • Public-private sector advisory committee tasked
    with making measurable reductions in regulatory
    burden (Paperwork Burden Reduction Initiative)
  • Expansion into International Markets
  • Reduce financial risks of exporting improved
    information on exporting opportunities, through
    export development trade commissioners
  • Investing in Skills
  • Addressing management skills via Mentoring and
    training programs delivered through the regional
    development agencies (RDAs) youth mentoring

Developing Small Business Entrepreneurship
Indicators in Canada
  • Current data available
  • General surveys number of firms, entry/exit
    employment, self-employment, remuneration
  • New specialized surveys
  • Financing Data Initiative
  • Survey of Regulatory Compliance Costs
  • Long term research projects
  • Growth firms (universe of firms) characteristics
  • Innovation in services, manufacturing
  • Exporting activities
  • Links between exports, innovation, finance and
  • Further information on Website http//strategis.ic

Developing Small Business Entrepreneurship
  • Potential other entrepreneurship indicators
  • Local and regional bodies can provide the
  • Number of clients
  • Nascent or aspiring entrepreneurs
  • Stage of business
  • Medium of inquiry
  • Financial assistance
  • Program utilization
  • Business planning
  • Has the potential to provide finer information on
  • To what extent are these measures relevant to
    this project?

(No Transcript)
Write a Comment
User Comments (0)
About PowerShow.com