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Building Economic Development Capacity

In this funding stream, we focus on supporting smaller/rural communities to build economic development capacity and support regional partnerships in economic development throughout the Southern Interior. We hope to serve as a catalyst for new economic development initiatives, and we know that sometimes a community needs a first-in funder to seed projects and encourage other funders. Our goal is to:

  • Enhance the capacity of southern interior communities to fulfill their economic development aspirations and knowledge.  
  • Support local and regional economic development projects within the Southern Interior.
  • Facilitate strategic partnerships and encourage collaboration between communities and economic development agencies. 

Our Funding Intakes will generally be of three main types:

SMALL SCALE PROJECTS (up to $20K)
Priority given to communities with < 7,500 residents.

LARGE SCALE PROJECTS (up to $50K)
Priority given to communities with
< 25,000 residents.

COLLABORATIVE/REGIONAL PROJECTS
To encourage collaboration between local governments and First Nations, as well as cross-regional initiatives.

Small Scale project applicants may be eligible to receive up to $20,000 to a maximum of 100% of the project budget.  Large Scale project applicants may be eligible to receive up to $50,000 to a maximum of 50% of the project budget.  Collaborative project applicants may be eligible to receive up to $50,000 to a maximum of 60% of the project budget. 

Eligible Applicants for funding include: 

  • Local governments (municipalities and regional districts) and their associated economic development organizations
  • Indigenous communities and their associated economic development organizations
  • Non-Profit Business Support organizations serving the region, such as:
    • Other Economic Development organizations
    • Industry Associations
    • Accelerators and Cooperative Groups 

Depending on the Intake, projects eligible for funding may include:

  • Economic development planning, feasibility assessments, research, grant writing support to access funding sources which leverage ETSI-BC funding by a factor of 10
  • Business retention and expansion initiatives
  • Business engagement initiatives
  • Developing Business diversification and investment-ready strategies
  • Key Industry sector analysis/development
  • Community economic revitalization 
  • Collaborative regional planning and/or business/investment attraction projects
  • Cost-sharing of economic development interns to help implement new projects

From time to time, ETSI-BC will support other Economic Development initiatives. Click HERE to see examples of other supported activities.

Review and download the application guide here.

ETSI-BC Spring Funding Intake Info Session:

APPLY NOW

Current Offerings

Funding Intake Open Sept 10 - Oct 10, 2024

Amount

Up to $50K per project

Key Dates

Funding intake open March 11 - April 12, 2024

Application Guide