A new 200-acre business park is taking shape in the District of Lake Country. The development will create space for new types of businesses, attract investment, support local jobs, and provide housing options close to where people work. With support from the Economic Trust of the Southern Interior (ETSI-BC), the project is helping one of BC’s fastest-growing communities prepare for the future.

Growing the Southern Interior through Research Partnerships
The Economic Trust of the Southern Interior (ETSI-BC) is partnering with Mitacs to help the region`s businesses, non-profits, First Nations and municipalities by funding Mitacs research internships in partnership with any of the public post-secondary institutes in the Southern Interior of BC. This new partnership intends to address challenges or opportunities that will lead to economic development in the region.
“ETSI-BC is a regional economic trust focused on helping grow and diversify the economy of the Southern Interior of BC. We are committed to helping develop the region’s human capital through encouraging collaborative research that connects the region’s businesses and post-secondary institutions,” said Laurel Douglas, CEO of ETSI-BC. “By supporting internships through Mitacs, we hope to help fuel research projects that connect post-secondary institutions with industry, non-profits, First Nations and municipalities in the region. We believe these projects will create pathways for students and graduates to find and create meaningful employment in the region and help strengthen our region`s economy.”
Established in 1999, Mitacs is a not-for-profit organization that fosters growth and innovation in Canada by solving business challenges with research solutions from the best academic institutions at home and around the world.
“For more than 20 years, Mitacs has worked with over 100 universities and academic institutions, thousands of companies, not-for-profits, and federal, provincial, and territorial governments to build partnerships that support industrial and social innovation in Canada,” said Dr. John Hepburn, CEO of Mitacs. “This partnership with the Economic Trust of Southern Interior (ETSI-BC) will help us further provide that support for innovation in the Southern Interior of British Columbia utilizing the Trust`s extensive connections and expertise.”
The collaboration will provide extra funding for projects under Mitacs’ funding programs including the Business Strategy Internship program and the Accelerate program.
“These programs support researchers at the undergraduate, graduate and/or post doctoral level to help solve problems and/or develop new products or processes for the recipient organizations,” said Hepburn. “These interns will share their time between the academic institution and the industry/non-profit/community partner.”
ETSI-BC and Mitacs are now accepting eligible applications in a two-stage process for the programs and the application deadline is March 1, 2022 with projects starting by June 30, 2022. Click here to view the Call for Proposals.
“We look forward to this funding in collaboration with Mitacs to advance ETSI-BC`s target sectors, help new and emerging industry clusters grow and innovate, and build economic development opportunities in rural and Indigenous communities,” said Douglas.
Application Process
A copy of the full Call for Proposals can be found here. The application process has two parts:
Stage 1: Eligible applicants can submit a Mitacs Accelerate application or a Mitacs Business Strategy Internship application napplication preferably no later than March 1, 2022. Successful projects would ideally start by June 30, 2022.
Stage 2: Mitacs will share the Public Project Overview with ETSI-BC. Following review by ETSI-BC, Mitacs will inform the applicants which projects will be receiving the additional funding.
For More Information, please contact: Laurel Douglas, CEO, ETSI-BC | 236.420.3680 ext 1 | laurel@etsi-bc.ca
We’d love to hear from you!
201 – 460 Doyle Ave, Kelowna, BC V1Y 0C2
Phone: 236-420-3680 ext. 0
info@etsi-bc.ca
More News & Stories
How One Region Overcame the Tourism Impacts of a 5-Month Ferry Strike
When the Central Kootenay communities of Balfour and the East Shore of Kootenay Lake were hit with a lengthy ferry strike in late 2024, economic development and tourism partners worked closely with businesses on both sides of Kootenay Lake to address the impacts of a significant loss of visitors to the area. With support from the Economic Trust of the Southern Interior, (ETSI-BC), the area’s Destination Marketing Organization, Nelson Kootenay Lake Tourism (NKLT), quickly launched the “No Better Time, No Better Place” marketing campaign as soon as the strike ended, encouraging visitors to return to the communities most affected.
ETSI-BC in the Spotlight
October 14, 2026 – The Economic Trust of the Southern Interior (ETSI-BC) ) was featured today in BC Business Magazine, alongside our fellow regional trusts, Northern Development Initiative Trust (NDIT) and Island Coastal Economic Trust (ICET).
ETSI-BC Fall Funding Intake Draws Impressive Regional Interest
October 8, 2026 – The Economic Trust of the Southern Interior (ETSI-BC) received an impressive response to its 2026 Fall Funding Intake from communities and organizations across the region. The intake closed on October 8, 2026, with 43 applications requesting nearly $1.9 million in funding for projects with a combined project value of over $3.8 million.
Township of Spallumcheen Digs Deep in Planning New Agriculture Business Hub
Since 2021, the Township of Spallumcheen has been exploring the development of a regional Agri-Hub to strengthen local food distribution and support agricultural growth. With support from ETSI-BC, the Township is developing a phased business plan to help build a resilient and profitable agricultural sector for the future.
New Tourism Strategy Transforms Grand Forks from a Highway Stop to a Destination
The Southern Interior community of Grand Forks has completed a major rebuild and relaunch of its original tourism strategy, shifting the community from being a quick stopping point on Highway 3 to a tourism destination. With support from the Economic Trust of the Southern Interior (ETSI-BC), the strategy served to develop new tourism assets attracting more visitors and generating increased revenue for local businesses.
Sicamous Tourism Strategy Builds a Path for Sustainable Growth
From houseboating to sledding, hiking, biking, and birding, Sicamous is the tourism hub of the Shuswap region. While summer visitors fill Sicamous with activity, off-season visitations drop sharply, prompting the community to pursue a more diversified and sustainable year-round tourism future. The Economic Trust of the Southern Interior (ETSI-BC) supported the District of Sicamous Development Corporation in revitalizing the community’s tourism sector with a dynamic, five-year tourism strategy to 2030.
Forestry Strategy Positions ?aq’am First Nation for New Opportunities
Increased timber harvest allocations for BC’s First Nations are opening the door to new business opportunities for enterprising First Nations communities such as ?aq’am in the East Kootenays. With funding support from the Economic Trust of the Southern Interior (ETSI-BC), ?aq’am developed a forestry business scan, a strategy to build capacity for projects made possible by the expanded forest tenure. The scan is guiding ?aq’am to increase its role in forestry as it pursues a resilient and sustainable future.
ETSI-BC Welcomes Krista Mallory as Regional Project and Strategic Initiatives Manager
July 29, 2026 – The Economic Trust of the Southern Interior (ETSI-BC)) is pleased to announce that Krista Mallory will be joining the organization as its new Regional Project and Strategic Initiatives Manager effective October 1, 2026.
Wayfinding in Barriere for Economic Resilience and Growth
When a major fire destroyed the Tolko sawmill in the North Thompson region near Barriere in 2003, residents and stakeholders rallied to rebuild and redefine the community’s economic future. As the community has evolved, so have the systems that help residents and visitors navigate in and around Barriere, including a multi-phase Wayfinding Strategy launched in 2024. The project, supported by the Economic Trust of the Southern Interior (ETSI-BC) is aimed at boosting visitor traffic and attracting more business investment, ensuring a strong and resilient future.
