The B.C. Government has announced new funding to help rural businesses and communities recover from the impacts of the Covid-19 pandemic.
The $4.5 million in funding will be distributed and administered by the Northern Development Initiative Trust, the Southern Interior Development Initiative Trust and the Island Coastal Economic Trust. Each trust will be receiving up to $1.5 million. About 60 jobs are expected to be created in rural communities throughout B.C.. Some rural areas outside of the reach of these trusts will be eligible for funding.
The trusts have established their own specific criteria for advisory services to work in rural communities. These positions will offer services to rural businesses and communities. The positions may range from supporting shifts in business focus, to linking communities to resources that support their economic recovery.
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