Business Retention & Expansion Strategies - University of Minnesota Extension

Helping Minnesota Retain and Expand Local Business through Local Action

Forty to 80% of new jobs are created by existing firms, rather than by attracting new firms to a community. Keeping an existing business is often easier than recruiting new firms. The BR&E program helps community leaders and communities work together to identify barriers local businesses face as they try to survive and grow. With the help of Extension and UMN experts, the community surveys small businesses and analyzes the results. The resulting report provides valuable information and ideas to invigorate the local economy. BR&E reports don't sit on a shelf. Because the BR&E process strengthens community ties, ideas turn to action. Watch a short video of the Retaining and Expanding Business in Your Community DVD.

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Offerings

Implement BR&E in your community — Involve your community members and professionals in a year-long process, resulting in a plan you can implement for results.

Extension Support for Local BR&E Research — If you plan local research of your business sector, community economics educators can help.