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Business Beat: A Sunny Look at Downtown Medicine Hat If you are looking for something to do this summer, I recommend taking a walk downtown Medicine Hat. There is a renewed sense of energy and it is reflected in all the new unique businesses that are opening at the heart of our city. Flower shops,…

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Business Beat: Navigating the Waters As an ex-entrepreneur, if there really is such a thing, I lived through some tough times. I understand the angst that is brought on by economic downturns, recessions, and low commodity prices. The absolute despair that can overtake the toughest, savviest and even most successful business owner when there is…

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Business Beat: Local First – Building our Business Ecosystem through Recovery Almost 98% of businesses in Canada and within Alberta are small businesses with approximately 76% of Canadians employed by private sector businesses. In the southeast Alberta Palliser region, we have 4700 businesses with 96.5% of those being small businesses. When you factor in our…

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Business Beat: Action for Accessing Financial Capital Show me the money! That was the name of a webinar event recently put on by Alberta Innovates, where over 700 people attended from across the province. Access to financial capital is obviously a popular topic for Alberta businesses and our area is no different. In the fall…

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Business Beat: Pivot your Business with Automation and Technology Many creative ideas have come as a result of the COVID 19 pandemic. Companies large and small have had to act quickly to change the way they do business in a now isolated world. This new business environment has forced many to come up with solution…

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Business Beat: Innovation Series As a business owner during the province-wide re-launch, what are you doing to make yourself, your employees and your customers feel safe when they enter your establishment? We’ve all read the Provincial Re-launch Guideline documents, the general guideline and/or the industry specific guidelines located on https://Alberta.ca/guidance-documents.aspx. We know we are required to…

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Business Beat: Adaptation and Transformation – Why life will never be the same Both adaptation and transformation refer to the process of change, but the motivation and approach is what differs. Adaptation is a reaction to or anticipation of new conditions or environment. Whereas transformation is change that is physically or qualitatively different. Transformation may…

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Business Beat: Change Through Mutation and Evolution We have all heard the term “Evolve or Die”. We use it in industry, “It’s Darwinian, you’re fighting for survival every year; you evolve and grow, or you die. It’s really that simple.” (Douglas Conant). We use it in sport, “the evolution of the sport is so fast,…

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A short four weeks ago, I brought you a story on the rapidly emerging field of Machine Learning (ML). APEX, in partnership with the Alberta Machine Intelligence Institute (amii), was about to hold a workshop to introduce small and medium enterprises (SME) to the possibilities of incorporating ML and AI into their business models. Foreshadowing??…

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If you’ve ever Googled machine learning (ML), you’ll notice that your list of articles will include in-depth discussions about algorithms, articles about the different types of ML (i.e. artificial intelligence (AI), ML and/or deep learning (DL)), several articles on what computer languages you should learn to work in the ML industry and then there are…

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