Thursday, January 17, 2019

BC Rural Dividend boost rural communities

Editor's Note -- $50,000 from today's announcement of Rural Dividend funds issued comes from the Cariboo-Chilcotin

Courtesy of the Government of BC:

As part of its rural development mandate, the Province is providing $673,124 in project development grants to support rural communities throughout B.C.

In the fifth intake of the BC Rural Dividend program, 68 local governments, First Nations and not-for-profit organizations will receive funding to reinvigorate and diversify their local economies.

“It takes a lot of hard work to develop ideas that can stimulate local prosperity and create jobs for small communities,” said the Hon. Doug Donaldson, BC's Minister of Forests, Lands, Natural Resource Operations and Rural Development. “Rural citizens are resourceful, and the calibre of these project development applications reflects their ingenuity and commitment to community development.”

Under the Rural Dividend project development funding stream, up to $10,000 is provided to eligible applicants to do preliminary work that is necessary to pursue larger community projects in the future.

Successful project development grants range from the Tsal’alh First Nation to develop a clean energy plan, to the Slocan and District Chamber of Commerce to create a resident attraction strategy for the North Slocan Valley, and the District of Houston for a housing needs assessment.

In Budget 2018, the Government of British Columbia committed to extending the $25 million per year Rural Dividend to 2020-21. Final decisions on project applications for single applicants (up to $100,000) and partnerships (up to $500,000) will be announced in February 2019.

The Rural Dividend is one aspect of government’s rural development mandate, which is committed to making rural communities more resilient.

Quick Facts:

Projects were assessed and approved based on the following criteria:

rural communities most in need
improved community resiliency and economic strength
partnership building and enhanced shared prosperity
project feasibility and sustainability
economic impact on rural communities
attracting and retaining youth
innovation in economic development

Learn More:

Rural Dividend: www.gov.bc.ca/ruraldividend

For the full list of Rural Dividend Grants issued, click here

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