About RROC
Founded in 1989 as the Regina Economic Development Authority, the name was officially changed to The Regina Regional Economic Development Authority to reflect its association with the surrounding communities and rural municipalities; our Regional Partners.
The Regina Regional Economic Development Authority (RREDA) is an independent body created by City Council and is governed by a Board of Directors.
RREDA has a mandate to encourage economic growth and diversification, to bring together business ideas and opportunities, and to promote a positive image of the Regina region as an attractive place to live, to work, and to do business.
RREDA actively promotes economic initiatives to help create investment opportunities and employment in the Regina region by supporting existing business and encouraging new companies to become resident here.
In fulfilling this mandate, the Authority develops, maintains and implements an economic development strategy for the Regina region; provides market information for business, industry and investors; undertakes research; provides site location assistance; participates in trade missions; liaises with federal and provincial economic development and trade offices; and, liaises with local municipal departments affecting business.
WHAT DOES RREDA DO?
Leading economic development for the Regina region, RREDA provides:
- Thought leadership – economic strategy
- Project development – project incubation
- Facilitation – engagement and collaboration
- Research, marketing and communications (i.e. location and opportunities)
- Information and statistics
RREDA does not duplicate other efforts, so we:
- Are not a funding agency
- Do not invest in projects
- Do not provide small business planning services
VISION
The Regina region is a competitive and business friendly environment rich in opportunities for business, personal, family, and economic growth. Successful businesses operating on the leading edge at world-class levels abound, creating new sustainable jobs that contribute to the enhancement of a quality of life its residents cherish and others envy.
MISSION
To grow and maintain our economy through cooperation and collaboration, building on strengths, resources and talents of partners and communities. We accomplish this by:
- Energizing the community with positive attitude
- Building on effective partnerships with business, education, and government
- Developing an innovation network that transfers and integrates knowledge, business opportunities, research, and new technologies with industry, business, and entrepreneurs
- Strategically promoting the Regina region as an attractive place to live, learn, work, do business, and visit
VALUES
- Partnerships and linkages between stakeholders will allow us to achieve better results than we can on our own. We seek out and incorporate partnerships into our activities whenever feasible.
We will...
- Be responsive to our stakeholders and results driven in our efforts to serve them
- Take a holistic approach to economic development, by considering the implications of our actions on all stakeholders
- Embrace the concept of a representative workforce and incorporate this into all of our activities
- Take an abundance approach to economic development. We believe that growth of our economy is not just possible, but mandatory
- Behave in a non-partisan manner in all our activities
- Create and promote a "Can Do" attitude around promotion and communication of economic growth and wealth creation
