|
News Library
'BORDERNET' CITIES PLOT STRATEGIES FOR TRADE, TOURISM,
INVESTMENT
Published on Friday, June 16, 2000
© The Buffalo News Inc.
A push to forge a common agenda for economic growth among six
fiercely independent cities in Upstate New York and Ontario appears to be
gaining momentum.
A binational coalition of business leaders, economic developers and public
officials met in Buffalo Thursday to plot strategies for promoting trade,
tourism and investment in a region that organizers are calling "BorderNet."
The 25,000-square-mile region stretches as far south as the Southern Tier,
north to Toronto and west to Syracuse. The primary population centers are
Buffalo, Niagara Falls, Toronto, Hamilton, Rochester and Syracuse.
Some local officials said even though plans are in the early stages, they
are cautiously optimistic that the not-for-profit initiative will spawn new
jobs and investment. But they also cited the importance and complexity -- of
making sure that all entities work in a collaborative way to advance a
regional economic agenda.
John R. Simon, executive director of the Niagara County Industrial
Development Agency, said it will probably take at least 12 months before any
tangible results are seen as a result of the new effort. In its first year,
BorderNet hopes to create a first-of-a-kind database for corporate site
selectors and a regional Web site. It also plans to sponsor economic summits
with CEOs from large companies in the U.S. and Canada.
"I think this new initiative will give us more tools, but I want to make
sure the tools are not scattered in different toolboxes," said Simon. "We need
to figure out exactly how this effort will exist with current economic
development efforts."
Alan Teichroeb, manager of business development for the Niagara Economic &
Tourism Corp. in Thorold, Ontario, said the economic agendas of communities in
Upstate New York and Southern Ontario are similar.
"In many ways, we are one big economy. Our goals and concerns are
intertwined when it comes to trade, transportation and tourism," said
Teichroeb, whose entity markets and promotes Canadian's Niagara Peninsula to
new and expanding businesses.
The BorderNet region boasts 9 million people and 30,000 corporations and is
the fourth largest trade corridor in the world, according to Willie Moskowitz,
executive director of the Canada-U.S. BorderNet Alliance. He stressed that the
initiative does not intend to duplicate economic development efforts that are
currently under way in various metropolitan areas. Instead, he said the
alliance aims to foster new joint ventures, technology transfer arrangements
and import-export opportunities.
Moskowitz also said that BorderNet's goals are compatible with those of
Buffalo Niagara Enterprise, a new $27 million regional marketing initiative
that is being spearheaded by the business community.
"BNE is trying to create a one-stop shopping environment for companies and
trying to foster a more business-friendly environment," he said, adding that
BNE officials are actively involved in BorderNet. "We think we can assist that
effort as we focus on the broader region," Moskowitz noted.
Although BorderNet is just starting to plot its first initiatives, the idea
was conceived six years ago by Buffalo attorney Lauren D. Racklin. Last year,
the not-for-profit organization hired Moskowitz as its first executive
director. The entity has a $250,000 budget, funded with grants and
contributions from alliance members. Moskowitz said a long-term budget and
human resources issues are still being finalized.
County Executive Joel A. Giambra welcomed coalition participants to a
day-long summit Thursday at the Advanced Training Center on Oak Street.
Giambra said county officials are eager to work with other communities in
Upstate New York and Southern Ontario to forge a common economic agenda.
One of BorderNet's top priorities this year will involve sponsorship of an
economic development conference that could focus on one of several issues,
including venture capital, tourism or the medical products and equipment
sector.
Some officials acknowledged that there are distinct differences between
cities like Toronto, Buffalo, Rochester and Syracuse. But they also pointed
out that cities throughout the region share many common concerns, including
infrastructure issues and promoting the corridor as a tourism destination.
"BorderNet can lend its collective weight to solving problems that impede
economic growth," Teichroeb said.
Search again:
All articles are © The Buffalo News and may not be republished without permission.
If you have any questions or comments about the News Library, please send us feedback.
[ Visitor Agreement | Contact Us | Privacy Policy ]
Copyright © 1999 - 2000 The Buffalo News
 |