Most of a community's job growth and capital investment comes from companies already located there. An urban/suburban community will average 76% of their growth from existing employers. A rural community is even more dependant on internal growth.
The Venture Kamloops Business Retention and Expansion program has five goals:
While there are many parts to a Retention and Expansion program, the three central elements are understanding clients, identifying their needs and forming relationships. Executive visits/interviews are the primary means of achieving these goals.