Media Contacts

Bill Anderson

Communications Director
Minister of State for Rural Economic Development
Government Communications and Public Engagement
Email: bill.anderson@gov.bc.ca
250 888-3381

Backgrounders

Chilliwack benefits from Rural Dividend funding

With the release of B.C.’s rural economic development strategy, the Province is making immediate investments of $14,315,524 through the Rural Dividend Fund to help rural communities diversify and strengthen their economies.

The Stó:lō Community Futures Corporation will receive $100,000 to develop an aboriginal business centre in Solh Temexw and build new partnerships with public and private sector educational organizations.

This is one of 109 grants being awarded to 42 local governments, 27 First Nations and 40 not-for-profit organizations throughout the province for single and partnership projects.

In February 2017, $756,591 in project development grants was awarded to help successful proponents develop strong single-applicant, or partnerships projects, that create or retain jobs and support economic diversity in their communities.

The $25-million-per-year Rural Dividend Fund was extended for a fourth year in Balanced Budget 2017. Funding is available in four categories:

  • community capacity building;
  • workforce development;
  • community and economic development; and
  • business-sector development.

Through the first two rounds of Rural Dividend funding has provided nearly $24 million to support projects that will diversify and strengthen the economy of rural communities throughout the province.

The third application intake will run from April 3, to May 31, 2017.