| Strategro's SectorStim cluster development process provides Ontario with snapshot of cluster make-up |
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Offers Ontario Functional Food and Natural Health Products cluster strategic framework for further cluster development efforts, based on cluster diversity; Cluster considered poised for growth Toronto, ON, June 18, 2008 -- The province of Ontario has taken a major step towards further development of its Functional Foods and Natural Health Products Industry Cluster by developing a comprehensive map of all stakeholders and influencers considered part of the Ontario FF and NHP industry cluster. The mapping exercise, conducted by Strategro International, LLC, a business growth consultancy with headquarters in West Orange, NJ and offices in Toronto, Canada, was part of a cluster development project assigned to Strategro by MaRS Landing in Toronto.
MaRS Landing, located in Research Park at the core of the agriculture and food cluster located in Guelph, Ontario, facilitates the commercialization of innovation in the agriculture and food sectors across the Ontario province. As part of their cluster development activities, MaRS Landing has developed a dynamic FF/NHP directory database with industry participants throughout the province, which is intended to support Agriculture and Agri-Food Canada's development of a larger model. This development is expected to lead to a better understanding and growth of the functional food and natural health products sector across Canada. As an initial step in Strategro's SectorStim™ cluster development methodology, mapping the Ontario cluster utilizing GIS (Geographic Information System) software allowed Strategro to better visualize the database information collected, to help illustrate industry structure, relationships and growth trends not possible utilizing traditional data sets or directories alone. Additional steps within the SectorStim process, although not part of the original project framework, include interviews with stakeholders, best-of-breed benchmarking, SWOT analysis, competitive positioning, and development of growth strategies and action plans.
Strategro International is a market entry and business growth firm working with companies and organizations within the functional foods, nutraceuticals, marine biotechnology, and life science sectors. Typical consulting engagements include helping companies with go-to-market strategies, providing business development, strategic advice, market intelligence and hands-on assistance to help companies grow. In addition Strategro works with trade groups, governments and economical development organizations to enhance development and growth within core industry clusters, utilizing Strategro's SectorStim™ cluster development approach (www.sectorstim.com). Strategro International has offices in the U.S. and Canada.
For more information, contact:
Rune G. Nilssen, Partner |