What is a cluster?
A cluster is a concentration of similar companies with related products and services, which they export outside the region. They are joined by their specialized suppliers and supporting institutions. A well-known example in Calgary is the oil and gas cluster.
The development of clusters results in a cost-effective, market-oriented, and long-term approach to economic development. Clusters are sometimes referred to as economic drivers, industry clusters and/or sectors. Calgary uses the word cluster because of its true definition.
What are the Calgary Region clusters?
The regional diagnosis identified the following seven industry clusters as key to the Calgary Region's future competitive economic growth:
In 2000 employment across Calgary's seven clusters was 154,000 accounting for 26.4 per cent of the Calgary region's workforce. These clusters drive overall economic growth and are the source of new diversity and value in the region.
Why are clusters important?
By enhancing industry cluster growth, there is an increased understanding of the needs of the Calgary Region's economic generators and the ability to meet those needs. The result is increased employment and business opportunities!
Increased entrepreneurial energy and diversity, coupled with strong leadership and sustained innovative capacity, will help ensure the region's prosperity is sustainable.
For more information and to get involved with any of the initiatives
Phone: 403-221-7831
Fax: 403-221-7828
Or call toll-free: 1-888-222-5855
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