Innovative Economic Development Success Stories

Growing the next generation of entrepreneurs in rural B.C. – Nechako

Nechako Lakes School District held its first technology and entrepreneurship summit for secondary and elementary students in October 2017 to start growing the next generation of entrepreneurs in rural B.C. Through the iCubed Tech and Entrepreneurship Summit, Nechako Lakes School District challenged its students to consider new career paths in tech and entrepreneurship. Local entrepreneurs and industry exhibits helped inspire students to think big and proved their commitment to nurturing the next generation of entrepreneurs… and the long-term economic outlook of the Nechako Lakes region.

Thriving Community Metrics in the Kootenays – Lower Columbia Region

How do you empower local residents to help attract new residents and investment to the region?

Simple – by using regional statistics to showcase what is happening in the community. Take the Thriving Communities metrics marketing initiative led by the Lower Columbia Initiatives Corporation as an example. The project was designed to collect and publish interesting Lower Columbia region economic indicators, drivers and activities to educate local residents. By showcasing positive (and sometimes quite surprising!) facts about the local economy, Thriving Community Metrics raised community awareness and created local ambassadors to promote the area to tourists and potential investors.

Grassroots Economic Development – Bowen Island

The Bowen Island Municipality didn’t let the lack of funds stop them from finding the expertise they need to develop the economic development plan to move their community forward.   

Rebuilding Community Health, Wealth and Spirit – Village of Burns Lake

In 2012, the Village of Burns Lake, with financial assistance from Northern Development Initiative Trust, and others undertook a significant expansion of the Lakes District arena and curling rink structures, known as the Lakeside Multiplex. The project was part of the recovery efforts to stimulate economic activity in the Burns Lake area following the tragic Babine Forest Products explosion in January 2012. 

First Nations Collaboration – City of Terrace, Kitselas and Kitsumkalum First Nations  

Since 2006, the City of Terrace and local Kitselas and Kitsumkalum First Nations have signed a series of cooperation and economic development agreements, signalling a new era in building government to government relationships and paving the way for future collaborations. Benefits have included revenue sharing, and job opportunities for citizens.