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Funding to help boost investment
Columbia Basin Trust commits $275,000 over three years to Invest Kootenay
A regional partnership that focuses on developing tools to attract and retain investment in Basin communities will receive a funding boost over the next two years.
With a commitment of $275,000 from Columbia Basin Trust, Invest Kootenay will continue to help member communities attract, retain and expand the level of investment in their communities, as an economic sustainability and development tool in the region.
Invest Kootenay is a partnership between local governments, economic development organizations and chambers of commerce.
Current member communities include Castlegar, East Shore Kootenay Lake (RDCK Area A), City of Fernie, Lower Columbia (Trail, Rossland, Warfield, Montrose, Fruitvale, and RDKB Areas A & B), City of Kimberley, City of Nelson and RDCK Areas E & F, Revelstoke and CSRD Area B, District of Sparwood and Regional District of East Kootenay Columbia Valley Subregion (Village of Radium Hot Springs, District of Invermere, Village of Canal Flats and RDEK Electoral Areas F & G).
“The contribution from the Trust makes it possible for Invest Kootenay to expand the presence of the Kootenays on the investment stage,” said Garry Jackman, Invest Kootenay co-chair. “Invest Kootenay gives our local business owners a significant platform that enables investors from near and far to see what the Kootenays have to offer.”
“One of the guiding principles within our Economic Strategic Plan is collaboration,” said Neil Muth, Columbia Basin Trust President and CEO. “The Invest Kootenay partnership is a great example of regional collaboration, in which the partners are working to create opportunities and further economic development in the Columbia Basin.”
To learn more about Invest Kootenay, visit investkootenay.com.
Columbia Basin Trust supports efforts to deliver social, economic and environmental benefits to the residents of the Columbia Basin. To learn more about the Trust’s programs and initiatives, visit cbt.org or call 1-800-505-8998.
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