 Baxter House,
Coast of Bays Tourism Association, discussing tourism with Cynthia Kelly of the Community
Youth Network

Human Resources Development Canada staff talk about
their programs

Paula Flood, NLOWE, sharing some information

Anastasia Day of the Canada-Newfoundland and
Labrador Business Service Centre talks about finding the right information

Gail Hoskins, DDRR, giving some pointers about
business startup
Liz Barlow, Provincial Aquaculturist, talked about
finfish and shellfish |
Small Business Week 2000 activities in the Coast
of Bays were held in Harbour Breton this year on October 25. The day began with
an open house of displays at the Harbour Breton Lions Club to give the public an
opportunity to seek out information about starting a business, financing, getting timely
information, business ideas and government agency programs.
The evening session began with an address by Oliver Langdon, MHA, followed by Mr. Bill
Stirling, Executive Director of the Investment Prospecting Group of the Department of
Industry, Trade and Technology. Mr. Stirling said that it's the entrepreneur behind
the business that Small Business Week salutes. It is small business that is the
engine of growth in this province.
He spoke of the many initiatives that the provincial government is involved in to
create a climate for growth in small business in this province. These include a
Venture Capital Tax Credit Program that is being developed, a renewal of the Micro
Business Lending Service program with the Newfoundland and Labrador Federation of
Co-operatives and a partnership with the Federeal Government in the Canada-Newfoundland
and Labrador Business Service Centrea around the province.
Mr. Stirling then told the group how NOT to run a business. These
include:
- Go it on your own
- Spare the investment, operate on a shoestring
- Stay home and don't talk to anyone
- Don't go to tradeshows
- Don't go outside the province
- Don't upgrade your technology
- Don't stay focused, go all over the map
- Don't focus on your strengths
- Don't hire specialized expertise
- Don't train your employees, they'll just start their own business and compete with you
!!
The scope of investment prospecting is to attract well capitalized companies with good
markets and are focused on core competencies. They want to come here because it is
economical to be here, not because of the incentives. The Investment Prospecting
group matches the opportunities and strengths at the local level.

The staff of the South Coast Community Development
Corporation provided financing information |
 MHA, Oliver Langdon, addresses the group |
 Tina Baker, HRE, discussing their programs |