Current Projects

Featured Project: #CEDcertified

Click Here 
#CEDcertified

The purpose of this certification program is to:

 

  1. Establish standards of practice in the field of Economic Development based on CED principles

  2. Provide tools to assist practitioners in developing economic development projects, programs and policies that achieve CED

  3. Recognize communities, governments, programs, projects, policies and practitioners that achieve excellence in CED

Community Economic Development 

Certification Program

Featured Project: Path Finder

Path Finder

Factor 5 Group  developed a highly interactive, customizable and engaging scenario planning tool to support indigenous and non-indigenous communities in discussing and advancing community economic development opportunities.

Path Finder draws on economic development expertise and insights from indigenous communities to animate a framework that deeply engages communities leading to collaborative learning, trust building and strategic economic development project planning.

Path Finder,

A Scenario Planning Tool 

Featured Client: Community Futures Wild Rose

Fabrication Workforce

  The objective of this project is to develop and promote labour market intelligence and its use in labour market development, specifically relating to metal fabrication for sectors such as renewable energy, oil and gas, value-added agriculture and clean technology, in the service area supported by Community Futures Wild Rose. 

 

Metal fabrication has been identified by communities in the region as a value-added sector ripe for investment, growth and innovation. It is a value-adding sector that contributes to the capacity of other key economic drivers in the region and province, including oil and gas, value-added agriculture, clean technology and renewable energy. The region includes Rocky View, Wheatland and Kneehill Counties as well as the Town of Bassano, and it is home to Alberta’s High Load Capacity Corridor, which is a strategic asset to the metal fabrication industry. A key consideration in growing this sector is access to a skilled and semi-skilled labour market. In 2015-16, Rocky View County commissioned a Labour Market Study that included a Location Quotient Analysis.

 

The findings show that the number of people currently employed in the manufacturing sector is significantly low on a per capita basis compared to the province as a whole. This raises a concern regarding the regions capacity to support this high growth potential sector. Rocky View County and Community Futures Wild Rose are partnering to develop a labour market profile of metal fabrication in the region in order to anticipate challenges, strategize with stakeholders and ultimately to ensure that the region has the labour force to support value-added growth and innovation.

 

 

Featured Client: The Village of McBride 

Feasibility Study

the Village of McBride contracted Factor 5 Group to conduct a feasibility study on the development of a pocket community, or multiple pocket communities. 

Some of the considerations were tiny house manufacturing, tourism, youth employment, job creation, trades, supply chain development and resident attraction & retention. 

Factor 5 Group explored a wide range of options to consider, as well as an exciting, unique recommendation for the town to further explore. 

 

 

Fabrication Workforce

  The objective of this project is to develop and promote labour market intelligence and its use in labour market development, specifically relating to metal fabrication for sectors such as renewable energy, oil and gas, value-added agriculture and clean technology, in the service area supported by Community Futures Wild Rose. 

 

Metal fabrication has been identified by communities in the region as a value-added sector ripe for investment, growth and innovation. It is a value-adding sector that contributes to the capacity of other key economic drivers in the region and province, including oil and gas, value-added agriculture, clean technology and renewable energy. The region includes Rocky View, Wheatland and Kneehill Counties as well as the Town of Bassano, and it is home to Alberta’s High Load Capacity Corridor, which is a strategic asset to the metal fabrication industry. A key consideration in growing this sector is access to a skilled and semi-skilled labour market. In 2015-16, Rocky View County commissioned a Labour Market Study that included a Location Quotient Analysis.

 

The findings show that the number of people currently employed in the manufacturing sector is significantly low on a per capita basis compared to the province as a whole. This raises a concern regarding the regions capacity to support this high growth potential sector. Rocky View County and Community Futures Wild Rose are partnering to develop a labour market profile of metal fabrication in the region in order to anticipate challenges, strategize with stakeholders and ultimately to ensure that the region has the labour force to support value-added growth and innovation.

 

 

Featured Client: The Agrihood  

Feasibility Study

The Agrihood is a group of Calgarians proposing to develop housing and businesses around permaculture style agriculture in the building that was the former Rockyford elementary school. 

Factor 5 was contracted to conduct a feasibility study on the proposed project, and help with project management and business planning. 

 

 

  • Facebook - White Circle
  • Pinterest - White Circle
  • Instagram - White Circle