Premier Christy Clark was in Williams Lake this afternoon to announce that applications for the first year of funding under the BC Rural Dividend will be accepted from starting April 4th until May 31, 2016.
Initially announced during the September 2015 Union of British Columbia Municipalities Convention, Clark says the three-year $75-million Rural Dividend will help rural communities with populations under 25,000 diversify and strengthen their economies.
“We promised to help manage the effects of rapid growth and share the wealth that comes from rural B.C. more fairly with the communities that create it. And thanks to the hard work of Donna Barnett and the rural Advisory Council, we’re keeping that promise.”
Funding of $25 million per year is available in four categories:
* Community capacity building;
* Workforce development;
* Community and economic development; and
* Business sector development.
Local governments, not-for-profit organizations and First Nations are all eligible to apply.
Single applicants can apply for up to $100,000 for community-driven projects and must contribute at least 20% of the total project cost.
Partnerships involving more than one eligible applicant can apply for up to $500,000, and must contribute 40% of the total project cost.
A project development funding stream will provide up to $10,000 to help communities with limited capacity build business cases and feasibility assessments to support the development of strong projects and future project applications.
The criteria for the Rural Dividend was designed with input from the Rural Advisory Council, which was formed in March 2015.
w/ files from Rebecca Dyok – MY CARIBOO NOW
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