New funding opens for industry innovation

Northern Development Initiative Trust opened new funds, focused on areas impacted by the pine beetle

Northern Development Initiative Trust has announced two new funding programs to support innovation in forestry, as priority, but also mining, energy, agriculture and aquaculture.

Priority is on to projects in communities impacted by the mountain pine beetle epidemic, but it’s not exclusive to those, and other innovative projects would be considered.

The Northern Industries Innovation Fund is a restructured Forest Innovation Fund with up to $750,000 annually for innovative industry projects for privately-owned, northern, incorporated companies with less than 500 employees.

It “will provide rebate funding up to $50,000 to a maximum of 50 per cent of a project’s budget for small and medium enterprises deploying innovative technologies in industries such as mining, energy, agriculture, aquaculture and forestry,” said a recent press release.

The second fund, the strategic initiatives fund, is for municipalities and First Nations for projects that focus on long-term economic transformation and sustainability.

It has a $900,000 budget, with grant funding only limited by the annual funds allocated to the program, up to 80 per cent of a project’s value.

Again, the priority is on projects in areas impacted by the mountain pine beetle.

Just Posted

Greyhound cleared to end routes in northern B.C., Vancouver Island

Company says nine routes have dropped 30% in ridership in last five years

BC Budget’s Top 10 promises the North Coast will care about

BC Ferry fare reductions, Indigenous language investments, rent support for seniors

B.C. BUDGET: Fare freeze, free travel for seniors on BC Ferries

A complete fare freeze will be put into place on major routes, and fares will be rolled back on smaller routes by 15 per cent

BC BUDGET: New spaces a step to universal child care

Fees reduced for licensed daycare operators

BC BUDGET: NDP cracks down on speculators, hidden ownership

Foreign buyers’ tax extended to Fraser Valley, Okanagan, Vancouver Island

Therapy dogs make appearance at B.C. Games

The St. John’s Ambulance therapy dog program launches a pilot project at the 2018 Kamloops B.C. Winter Games

How to keep local news visible in your Facebook feed

Facebook has changed the news feed to emphasize personal connections. You might see less news.

Sticking the landing at the B.C. Games

Gymnasts talk competition, B.C. Winter Games, and teamwork in Kamloops

$153M in federal cash to fund child care, education training in B.C.

Bilateral agreement will create 1,370 new infant and toddler spaces

A B.C. woman talks her life in the sex trade

A view into the life from one Kelowna prostitute and the issues it can cause for women

Twitter feed prays for — instead of preying on — B.C. MLAs

Non-partisan Christian group wants to support politicians through personalized prayer

Mills Memorial Hospital financing formula released

Regional taxpayers to pay $113.7 million for new facility.

Hundreds march for justice in death of Winnipeg teen

Tina Fontaine was pulled from a river in 2014, her body wrapped in a blanket and weighed down by rocks

Most Read