News

ETSI-BC Injects Over $800,000 to Fuel Economic Growth Across Southern Interior

This season, communities in BC’s Southern Interior have a reason to celebrate. On December 6, 2024, the Economic Trust of the Southern Interior (ETSI-BC) approved $804,230 in funding to support 26 innovative projects worth $2.4M that will help grow and diversify the economy of the Southern Interior of BC. The Fall 2024 Funding Intake demonstrates ETSI-BC’s continued commitment to working with First Nations, local communities and business support organizations to strengthen the region’s economic landscape.

Through strategic partnerships with local governments, First Nations, and non-profit business support organizations, these initiatives will create a positive change throughout the region. This latest round of funding brings the total investment since re-launching as ETSI-BC in 2021 to more than $9.5 million, supporting 347 economic development projects valued at more than $21 million.

“The response to our fall funding intake was inspiring,” says Laurel Douglas, CEO of ETSI-BC. “Our grant team carefully evaluated each proposal to maximize impact across our region’s communities. These approved projects are projected to create or preserve over 1,700 jobs.”

The impact of ETSI-BC funding can be felt across the BC Southern Interior.  Projects approved in this Funding Intake are being undertaken in two First Nations and eight Regional Districts in the Southern Interior, including the Thompson-Nicola, North Okanagan, Okanagan Similkameen, Central Okanagan, Fraser Valley, Central Kootenay, East Kootenay, and the Columbia Shuswap.

 

 

 

“These investments represent more than just funding—they represent our commitment to the future of the Southern Interior,” says Paul Donald, ETSI-BC Board Chair. “Each project we support strengthens our communities’ economic foundations, drives innovation, and helps advance key sectors that are vital to our region’s prosperity.”

Looking ahead, CEO Laurel Douglas emphasizes the potential of these investments: “From community-led initiatives to sector-specific innovations, we’re witnessing the positive ripple effects of these projects across the Southern Interior. We look forward to seeing how each of these initiatives will contribute to building a more resilient and dynamic regional economy.”

Here is the list of approved projects from the ETSI-BC Fall 2024 Funding Intake:

Organization

Project Name

Approved

Project Value

?aq’am Community Enterprises Ltd.

ʔaq̓am Forestry Business Development Scan

$50,000

$136,000

Barriere & Area Chamber of Commerce

Wayfinding Strategy Plan

$25,000

$52,500

Boundary Country Regional Chamber

Discover Grand Forks 2.0: Rebuilding Our Foundation for Tourism Growth

$20,000

$22,000

Castlegar and District Chamber of Commerce

Castlegar and District Thrive: Attraction Strategy for Residents, Entrepreneurs, and Developers

$50,000

$105,450

Community Connections Southeast BC

Cranbrook Alternative Food Distribution Pilot

$45,000

$266,000

Community Futures Central Kootenay

Connecting Local Youth with Local Jobs

$25,000

$50,000

Community Futures Central Okanagan

Sustainable Development Leadership

$30,000

$60,000

District of Sicamous Development Corporation

Tourism Economic Impact Study & 5yr Tourism Strategic Development Plan & Product Analysis

$29,000

$60,750

Enderby & District Chamber of Commerce

Enderby Chamber Business Engagement

$20,000

$21,000

Fields Forward Society

Feeding Futures – Service, Procurement and Distribution

$45,000

$149,500

Kootenay Rockies Tourism Association

Regional Tourism Experience Development Programming & Implementation

$32,630

$58,630

Lumby & District Chamber of Commerce

Lumby & District Community Profile & Investment Platform

$20,000

$30,000

Nakusp and Area Development Board

Nakusp Community Hub

$50,000

$520,000

Nicola Valley Fall Fair Association

Facility Enhancement and Marketing

$20,000

$24,130

Oliver and District Heritage Society

Fairview Interpretation

$20,000

$73,521

Penticton and Area Cooperative Enterprises

Inclusive Employment Development Program

$20,000

$52,000

Regional District East Kootenay

Phase II: Community Energy Facility Planning in Invermere & Radium

$35,000

$165,000

Revelstoke Chamber of Commerce

Revelstoke Business Retention & Expansion Report

$34,600

$72,600

Salmon Arm Economic Development Society

Zest Commercial Food Hub Phase 3: Program Development

$50,000

$118,934

Sc.wén̓wen Economic Development Corp

Tk̓emlúps te Secwépemc Area Signage Plan

$20,000

$28,500

Shuswap & North OK Chamber Consortium – c/o Sicamous Chamber of Commerce

Gateway to the Shuswap and the Thomson Okanagan, Business retention and expansion project with a focus on tourism”

$20,000

$20,000

Silver Star Resort Association

Workforce Partnership Initiative

$8,000

$25,100

South Kootenay Lake Community Services

South Kootenay Lake Geothermal Economic Model

$20,000

$47,500

Thompson Okanagan Tourism Association

Boundary Country Tourism Investment Attraction

$15,000

$25,000

Tourism Sun Peaks

Central Reservations and Visitor Data Analytics Project

$50,000

$100,000

Tri Region Consortium – c/o Castlegar & District Chamber of Commerce

Southern Interior Regional Economic Summit 2

$50,000

$110,000

 

TOTALS

$804,230

$2,394,115

 

More News & Stories