Interesting article today in the Financial Post by Brad Cherniak - Sapient Capital - Toronto
The article talks about business clusters - geographic focal points for business - he uses the example of Silicon Valley .
I worked in Kanata when for ten years in the 80's and it clearly was the first ' Cluster' area in Canada from my perpspective - Kitch/Waterloo seems a current incumbent .
The gist of the article is of government support and resources for these clusters .
I strongly disagree when Cherniak says the good new is that grant monies and resources are flowing to small business - working in the SME landscape everyday I certainly don't see that .
He is dead on though when referring to government intervention in the credit crunch as being somewhat undesirable - we should allow ' capital to flow freely where it wants ..' .
Anyway, I will let you know when Small and Medium business are getting all the capital they want - for health reasons don't hold your breath.
Stan
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