Businesses today face a myriad of challenges that affect their resilience, profitability and competitiveness. Northern Development offers a trio of business development programs to support businesses as they strategically approach and overcome these hurdles and thrive in their industry and seek new opportunities.
“In the first nine months of 2022, we have approved funding for 25 Northern B.C. businesses,” said Felicia Magee, director, economic development. “These rebates directly support businesses as they contract professional consultants to help guide them and improve their business. Funds remain available to businesses and our team looks forward to connecting with interested applicants to discuss their project ideas.”
Applications to all business development programs are accepted on an ongoing basis and are reviewed by staff as they are received. Funding is still available for projects that start in 2022.
Funding programs for small- and medium-sized business are:
– Competitiveness Consulting Rebate: A rebate of up to 50% to a yearly maximum of $30,000
– Northern Industries Innovation Fund: A rebate of up to 50% to a yearly maximum of $50,000
– Small Business Recovery Consulting Rebate: A rebate of up to 85% to a yearly maximum of $30,000
For any questions about the business development programs and if you are eligible to apply, call Northern Development at 250-561-2525 or email info@northerndevelopment.bc.ca.
