EVEI and KRIC collaborate to deliver business workshops in the Elk Valley
Regional Mentor Panel in Fernie – December 11th, 2014
Financial Bootcamp in Elkford – October 7th, 2014
The Elk Valley Economic Initiative has successfully delivered two workshops in the communities of Elkford and Fernie through a partnership with Kootenay Rockies Innovation Council.
A ‘Financial Bootcamp’ held in Elkford on October 7th, 2014 helped business owners understand basic financial principles that must be applied to business decision-making on a daily basis. Workshop material covered the functions of, and how to interpret cash flow management, credit and collections, the cost/profit/volume relationship and key business ratios.
Fernie hosted a ‘Mentor Panel’ on December 11th, 2014 with five expert business people who conducted face to face interviews with local entrepreneurs with the goal of gearing feedback specifically to challenges or opportunities that they were facing.
The Elk Valley Economic Initiative is motivated to work alongside partners to deliver events that inform and educate businesses within the region and offer support to help build and diversify the economy.