Business Expansion and Retention (BEAR) Program
Existing firms within any community are the engines of economic growth and set the stage for the local business climate, create new jobs and improve the community’s overall prosperity and quality of life. As such, Summit County and its partner organizations have identified the need for a formal Business Expansion and Retention (BEAR) program in Summit County.
Central to the County’s BEAR program is a business outreach and visitation program. The data gleaned from this initiative will be used to highlight common systemic issues, improve or design program resources, and economic development strategies in the County.
The County’s BEAR program is a county-wide effort to investigate opportunities that improve the profitability of local businesses, acknowledge their inherent value to the region, and develop relevant business resources and to assist local companies:
- Identify issues that impede business growth and economic diversification
- Build relationships and express an appreciation to community businesses for their contribution to the local, regional and state economy
- Facilitate businesses access to local, state and federal programs designed to improve their competitiveness
If you are a business in Summit County and would like to schedule a Business Expansion & Retention visit, please call 435-336-3221 or email Jeffrey B. Jones, AICP to set up an appointment.
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $55.5 billion in May, up $4.3 billion from $51.2 billion in April, revised. May exports were $210.6 billion, $4.2 billion more...
Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $296.4 billion in 2018, up 8.7 percent from $272.8 billion in 2017.
Personal income increased 0.5 percent in May, the same increase as in April. Wages and salaries, the largest component of personal income, increased 0.2 percent in May after increasing 0.3 percent in April.