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September 16, 2011

Construction of Canadian Institute for Rural Entrepreneurship Officially Begins

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On September 7, the ground was officially broken for construction of Pomeroy Inn & Suites and the Canadian Institute for Rural Entrepreneurship (CIRE). It is a significant in Olds College’s long history.

Pomeroy Inns & Suites will be comprised of a four star hotel, restaurant and convention centre with a commercial kitchen suitable for training. Within this complex, the Canadian Institute for Rural Entrepreneurship will offer highly specialized programming for rural entrepreneurs in Alberta and beyond.

“Over 55 per cent of Alberta’s 400,000 business enterprises are in rural Alberta, many growing outside of the traditional sectors that dominate the rural economy,” said Dr. Tom Thompson, President, Olds College. “They require increased support similar to that which the agriculture sector has enjoyed over the years. Through our partnership with the Pomeroy Group, they will get it.”

Situated on five acres of land, north of Olds College’s Land Sciences Building and south of Highway 27, the CIRE will develop new curriculum for credit-based and continuing education in countryside management:  local food production, alternative land-use management, rural hospitality management, farm-fresh food sales, and tourism.

 “For years, we have been the leading provider of hospitality services in Northern Alberta and the opportunity to partner with Olds College in an innovative way in Central Alberta is an opportunity we greatly welcome,” said Ryan Pomeroy, President of Pomeroy Inn and Suites Inc. “We are confident this new facility will be of significant benefit to the surrounding community in numerous ways.”

Click here to read the original news release by Rick Overwater of Olds College.

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