Manufacturing & Industrial Grants
Inch deep, mile wide social responsibility is prevalent. Lasting and meaningful change is only what a handful of organizations in the world are doing and it doesn’t just depend on dollar amounts. We think organizations should concentrate charitable efforts within their industry. When CEOs start trying to dictate laws of foreign jurisdictions, or spend time way outside their industry with philanthropic efforts that don’t effect them, we think this is dilution of time and company energy. See latest Harvard article here.
The more pressing issues facing Canadian businesses is trade deficits, budgets, taxes, automation and competitiveness. These forces are taking jobs and dragging the overall economy down that is 70% made from consumer spending (consumption). This is very unhealthy for Canada and is a direct threat on social & economic stability.
The forestry sector has a good idea, their product is lumber, so they plant trees to replace the ones they made into lumber to sell. No one questions this, because it makes sense. Silicon valley follows a similar model, with venture capital investments in tech. We call for all businesses and government to help invest in their business sector. The goal being to innovate in order to strengthen industry to foreign competition. We need government help to construct new trade deals* that favor Canadian companies not foreign ones.
Too big to fail and bailouts aren’t in Alberta’s DNA. Small business (1-49 employees) comprise 95% of ALL businesses in the province. Together, they generate 34% more GDP per capita in Alberta than the Canadian average. Those businesses are responsible for more than a third (33%) of all private sector employees and 25% of Alberta’s GDP. Year over year since 2003, small businesses have increased by over 7%. With growth figures like this- it is a direct reflection of Alberta’s continuing strength. Nearly two thirds (66%) of small businesses employ less than 4 employees.
With competitive property tax rates, land transfer tax rates, business tax rates and a pro business attitude, Alberta has the highest foreign investment of any province in Canada. Nearly 60% of Albertans see entrepreneurship as a good career choice.
Out of all the sectors, the transportation & warehousing sector has the second highest rate of small business. Manufacturing has the lowest, BUT with the highest rate of large businesses employing over 200 employees. This is both a challenge and an opportunity.
Make a meaningful, substantial and concentrated difference to select companies in your backyard. Simple. This creates jobs and strengthens the backbone of the economy.
To show our commitment, a full 10% of all our management fees we earn goes to the Trebuchet Foundation.
Our private foundation was built to make these targeted contributions via the Slingshot Programme.
More than just a rent subsidy, this “Slingshot”, propels small and medium business owners in the Industrial & Manufacturing sectors to compete locally and in some cases globally. Each selected applicant will be put through the 2 year program and will focus on training CEOs of these companies to plan, communicate & grow to the next level.
Job Provider: 3% of small businesses are in Manufacturing BUT account for 7% of ALL small business provincial employment.
Small and large businesses are symbiotic. When small businesses grow, they contribute, not just in GDP growth but as a knowledge repository. As innovators. As instigators of positive disruptive change. Large businesses regularly consolidate these small & medium sized businesses (SMB). Routinely, small business can outperform larger peers relative to capital employed and have some the strongest per employee productivity. The problem in Canada and all resource based economies, is that capital is concentrated on resource based business, other sectors are totally ignored, and access to capital is non-existent.
“Slingshot will have positive effects on the local economy and even international trade deficits”