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BC Rural Dividend gains momentum with second intake

by ahnationtalk on November 17, 201687 Views

Nov. 16, 2016

VICTORIA – In response to the second intake of the $75-million BC Rural Dividend, 289 applications were received from communities, not-for-profit associations and First Nations throughout the province.

Launched Oct. 3, 2016, the second application intake closed Oct. 31. The high number of applications received reflects a 60% increase from the first intake, which ran from April 1 to May 31 and received 180 applications.

Project development funding applications, for $10,000 each, will be assessed on an expedited schedule. Decisions are expected to be announced in early 2017.

Decisions on single-applicant project applications (up to $100,000) and partnership project applications (up to $500,000) will be announced before March 31, 2017.

As committed during the September 2015 Union of British Columbia Municipalities convention and in Balanced Budget 2016, the BC Rural Dividend is designed to help eligible rural communities diversify and strengthen their economies and contribute to their overall wellness and sustainability.

The BC Rural Dividend is part of government’s multi-faceted response to assisting rural communities and complements existing initiatives supporting rural communities.

The criteria for the BC Rural Dividend was developed with input from the 13-member Rural Advisory Council, which was formed in March 2015.

Learn More:

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

Rural Advisory Council:
http://www2.news.gov.bc.ca/news_releases_2013-2017/2015flnr0030- 000309.htm

Media Contact:

Greig Bethel
Media Relations
Ministry of Forests, Lands and Natural Resource Operations
250 356-5261

Connect with the Province of B.C. at: www.gov.bc.ca/connect

NT4

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