Business Incentives

Northern Development offers direct incentives to locate or expand your business in the North:

Capital Investment and Training Rebate

The Capital Investment and Training Rebate provides eligible businesses in wealth-creating, export-driven sectors of the economy with up to $10,000 per new job based on direct capital investment and training expenditures related to the expansion or establishment of a business where two or more new jobs are created.

Features and Benefits:

• Highly responsive, business-driven program
• Funds are directly paid to the business based on performance
• Start-up or expand operations quickly with a skilled, custom-trained workforce
• Lowers the cost of implementing productivity improving capital equipment
• Flexibility to cover any combination of training provider costs and/or on-the-job training costs for new employees
• Direct payment to the business based on supporting financial documentation and master payroll verifying workforce expansion

> Learn more and apply

Competitiveness Consulting Rebate

The Competitiveness Consulting Rebate provides small and medium sized manufacturers, resource processing companies, and their first line suppliers with a rebate of 50% of the cost of business competitiveness consulting. This will increase productivity, revenues, and profitability for operations located within the Northern Development Initiative Trust region.

Features and Benefits:

• Customized to suit unique business requirements
• Access to regional and national consultants with a verified track record of competitiveness consulting expertise
• Simple single point of contact with the Business Development Bank of Canada (BDC)
• No requirement to be a client of the BDC
• Ability to finance consulting contract through the BDC
• Direct payment to the business owner within weeks of receiving verified completion of the consulting services contract

> Learn more and apply

Northern BC Business Advantage Brochure

Northern BC Business Advantage
(1.3 MB PDF)

Getting to Yes: Business Incentives

Getting to Yes: Business Incentives
(144 KB PDF)