Ontarios Heartland One Location, Many Places to Grow Presentation - - PowerPoint PPT Presentation

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Ontarios Heartland One Location, Many Places to Grow Presentation - - PowerPoint PPT Presentation

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JUNE 10, 2014 Page 1 of 10 5. a - CC Ontarios Heartland One Location, Many Places to Grow Presentation to Middlesex County Council Tuesday, June 10, 2014 JUNE 10, 2014 Page 2 of 10 5. a - CC What is SOMA? A regional economic

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One Location, Many Places to Grow

Ontario’s Heartland

Presentation to Middlesex County Council Tuesday, June 10, 2014

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What is SOMA?

A regional economic development partnership that currently stretches across 3 counties: Elgin, Oxford, and Perth. Includes the municipalities of Aylmer, Ingersoll,

  • St. Thomas, Stratford & Woodstock

SOMA works with all levels of government to build a positive business climate & supportive infrastructure for business & industry while working to attract new foreign investment.

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Funding Sources

Municipal Governments Federal Government Provincial Government

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Funding

Since inception, SOMA has received over $500,000 in federal and provincial funding to promote the area to foreign investors. In 2014, SOMA has been able to leverage the $110,000 in member contributions into

  • ver $400,000 in foreign direct investment

marketing.

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Marketing

Sector specific trade events and missions Web Site: www.somasite.com Investment Seminars Member of three Pan-Regional Foreign Investment marketing groups:

  • Ontario Food Cluster
  • Ontario Clean Technology Alliance
  • Ontario Automotive Communities Alliance

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SOMA Offers…

Confidential site selection assistance Collection of statistical and market data A point of contact for all levels of government

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Investment Sectors

Automotive – Parts and Assembly Machinery & Machining Food Processing Plastics Alternative Energies/“Green” Manufacturing

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SOMA Member Advantages

  • Investment leads and contacts for members
  • Access to SOMA, OFC, OCTA and OACA leads
  • Ability to spread the community’s message further

for fewer dollars

  • Higher profile area when working internationally
  • Ability to share the workload among members
  • Targeted investment attraction efforts are consistent

with member objectives

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www.somasite.com

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