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

BC Ferries confirms Northern Sea Wolf ready for summer season

The plan is to have the Northern Sea Wolf assume the mid-coast service as of May 18

Historic building in Alexis Creek destroyed by fire overnight

“If it hadn’t been a heavy rain last night we could have lost many houses in the area”

Gas prices spike in northern B.C. ahead of the long weekend

Fuel went up 17 cents overnight in Prince Rupert

OP-ED: Striking a balance with the oil tanker moratorium

Dennis Patterson, Senator for Nunavut, on protecting Canada’s environment and economy with Bill C-48

Dashcam captures close call between minivan, taxi at busy Vancouver intersection

To make the footage more nerve-wracking, a pedestrian can be seen standing at the corner

Waste not: Kootenay brewery leftovers feed the local food chain

Spent grains from the Trail Beer Refinery are donated to local farmers and growers, none go to waste

Deck collapses in Langley during celebration, 35 people injured

Emergency responders rushed to the Langley home

B.C. mom wages battle to get back four kids taken from her in Egypt

Sara Lessing of Mission has help from Abbotsford law firm

VIDEO: Fire guts Peachland home

Crews are still on scene pumping water onto the blaze in the Okanagan neighbourhood

$6K raised in one day’s time for family of woman gunned down in Penticton

GoFundMe launched for family of Darlene Knippelberg, to pay for funeral costs and other expenses

B.C. mountain biker sent home from hospital twice, despite broken vertebrae

Released in Maple Ridge to go home with three fractured vertebrae

Seven tips to travel safely this Easter long weekend

An average of three people are killed, and hundreds more injured, each Easter long weekend in B.C.

Seattle’s 4-20 ‘protestival’ enjoys tolerance, some support – and B.C. could do the same

Seattle’s Hempfest a large-scale occasions with vendors, prominent musical acts and thousands of attendees

Most Read