The Elgin Development Group, an accredited Economic Development Organization based in Elgin, has announced a partnership with the Great Falls Development Alliance [f10fb0d9]. The two organizations have signed a memorandum of understanding (MOU) to collaborate and strengthen the food, agriculture, bioprocessing, and energy industries in their respective regions [f10fb0d9].
The partnership aims to facilitate cross-border collaboration and cooperation in areas such as investment, business retention, and innovation. By working together, the Elgin Development Group and the Great Falls Development Alliance will create a regional attraction strategy and provide international companies with options that best suit their needs in either Canada or the United States [f10fb0d9].
As part of the partnership, both organizations will engage in cross-border visits, host industry trade shows, and promote the collaboration through media strategies. This joint effort is seen as an opportunity to assist companies currently doing business in both regions and attract new businesses to the Great Falls-Lethbridge corridor [f10fb0d9].
The Elgin Development Group's accreditation as an Economic Development Organization and their expertise in driving economic growth, combined with the Great Falls Development Alliance's knowledge and resources, make this partnership a powerful force for regional economic development. Together, they will work to strengthen and diversify the food, agriculture, bioprocessing, and energy industries in the Elgin and Great Falls regions [f10fb0d9].