The Creston Valley-Kootenay Lake Economic Action Partnership (CV-KL EAP) is taking a value network approach to advancing community economic development goals. This approach recognizes that economies are shaped by the actions of networked private, public, and community stakeholders. It promotes alignment across networks by enabling stakeholders to contribute and receive value in ways that build their own success and the success of the network as a whole.
Our approach focuses on strategically linking and leveraging stakeholders’ own activities and resources in real-time. It is entrepreneurial in nature: designed to respond to market and other conditions as they evolve.
CV-KL EAP will provide leadership and backbone coordination to enable local value networks to function by supporting:
- the development of joint strategic agendas;
- the mobilization of anchor investments to advance that agenda; and,
- the management of joint initiatives to achieve agenda goals.
Also, CV-KL EAP will coordinate action to create the conditions for value network success from addressing issues like local access to capital and to agricultural, commercial, and industrial land.