On Tuesday, April 14, Edmonton Economic Development Corporation publicly announced a number of significant organizational actions required in its response to the COVID-19 pandemic.
Like organizations of all sizes, EEDC’s financial health was dramatically impacted by extraordinary measures implemented by public health officials to contain and limit the spread of COVID-19.
This work has also required changes to how the Innovate Edmonton division of EEDC will operate, as it has required changes across every business unit of the organization.
Commitments to Stakeholders and Partners
As we move forward, Innovate Edmonton remains committed to serving our innovation ecosystem, clients and stakeholders – we are here for you and our work continues on. We believe now more than ever that supporting entrepreneurs and job creators is vital to ensuring our economy can bounce back when we emerge from this.
While we are going through a process of review to determine essential and nonessential activities, we will deliver on our commitments to grant funders, we will continue to engage with the City of Edmonton and the Province of Alberta, and we will continue to communicate with and support our stakeholders and partners as best we can. This includes delivering our programming to clients.
To support our startup and scale up entrepreneurs, our Startup Online programs remain available to founders at zero cost. To ensure we continue to support the important work being done in our tech ecosystem, we are currently evaluating how we can deliver high impact results with fewer resources.
During this time of uncertainty, we will keep our startup mentality: we will embrace change, demonstrate agility and do more with less in order to serve our community. We are all in this together, and together we will get through.
EEDC will continue to follow direction from City Administration as they work to establish a focused and independent Innovation Authority per the City Council motions of December 11, 2019.
EEDC will steward Innovate Edmonton until City Administration is ready to begin a transition of work to the new receptor organization. EEDC remains completely supportive of the innovation ecosystem community’s feedback over the last year. We will continue to work through the ongoing process with the City of Edmonton.
As Mayor Iveson has publicly indicated, a report is due to go back to City Council on May 11 with recommendations on the new Innovation Authority.
Dan St. Pierre, EEDC’s Director of Government & External Relations, extends an open invitation to anyone who would like to contact him with questions, feedback, or suggestions. He can be reached at email@example.com.