The Center for Business Research and Economic Development (CBRED) seeks to become the primary source of Fort Smith regional economic information, a catalyst for bold, innovative ideas and strategies for economic development in the area, and an active partner in the execution of sound, integrative solutions for regional prosperity and health.
In fulfillment of that vision, CBRED will collect and analyze economic and non-economic data, report and distribute in various media and forums such information that is relevant to the growth and prosperity of the Fort Smith region, and coordinate with other regional, state, and national entities to achieve economic goals.
CBRED focuses on three areas that govern the activities of the Center:
Resource: Develop and maintain a regional data warehouse, conduct surveys, studies and special projects necessary to provide relevant information to subscribers, clients, and the broader community.
Leadership: Provide an active voice in the region for sound yet bold economic initiatives by working with stakeholders, state and community leaders, and the media to promote regional prosperity.
Engagement: Pursue relationships within the region and state that build resources and political support for viable initiatives for the area as well as support for a sustainable center for years to come.
CBRED works in cooperation with the Innovation and Entrepreneurship Center and the Family Enterprise Center as part of the College of Business and UAFS commitment to community outreach and regional economic development.
Non-economic data would include collection and analysis of data related to demographics, general and local social trends, institutional performance, attitudes and cultural dimensions of particular interest to the local community that have a more indirect impact on the economy.