Start a Business
Here's why you should start your business in Vegreville
Vegreville is a fantastic location for a new business to start up. We have a solid workforce that is well educated, experienced and very hard working.
Vegreville has a strong retail base and very loyal customers. We have a number of "anchor" retail stores, including a Wal Mart, Canadian Tire, Mark's Work Wearhouse, Co-op and No-Frills. These businesses act as a draw for customers, who will shop these stores and then use other local retailer's services or goods. With numerous stores, service stations, restaurants and fast food outlets, Vegreville attracts customers from a trading area of almost 100 km.
We recently completed a Retail Gap Analysis in 2019 that identified many areas that would have a high likelihood of succeeding in Vegreville. This includes clothing stores, shoe stores, restaurants and several others.
In addition to retail, Vegreville is an outstanding place to locate a commercial or industrial facility. As a major regional hub for the Agricultural community, plus both a Viterra and a Grains Connect Canada elevator. Vegreville has a strong tradition of servicing the farming sector, with numerous implement dealers, bulk fuel stations, fertilizer sales and support retail-like Peavey Mart and Canadian Tire, Vegreville is well known as the regional service centre for farmers. On September 2, 2020, the Government of Canada announced that the Town of Vegreville will receive $8,250,000 through the Investing in Canada Infrastructure Program to build the Town of Vegreville Agri-Food Industrial Park. The Industrial Park will be located at SE17-52-14-W4 and construction will begin in May 2021 after the project goes through the tender process. The eighty-acre development will be fully serviced and will target leading hemp innovators to the bustling industry in Vegreville. The project, costing $9,900,000, will create approximately 200 jobs and is expected to be completed by October 2022.
Vegreville is also well known as an innovative community as it is home to the world's leading agricultural research centre - InnoTech Alberta. Innotech has one of the world's best research laboratories that specializes in grain crops and cannabis, specifically Hemp and Marijuana. Vegreville is rapidly becoming known as a Hemp centre of excellence with a growing number of Hemp related companies locating here.