The Metropolis of Prince George has obtained a $500,000 grant from the province’s Rural Financial Diversification and Infrastructure Program (REDIP). Town’s financial improvement division is supporting a partnership between the Lheidli T’enneh First Nation, Northern Well being, and the College of Northern British Columbia (UNBC) who’re working collectively to know the financial impression of constructing a life sciences economic system in northern B.C.
The life sciences trade consists of prescribed drugs, biotechnology, medical gadgets, and different work associated to scientific well being analysis and innovation. The financial feasibility research will incorporate market analysis, sector evaluation, engagement with events, and coverage and funding alignment to establish present gaps within the area and entice funding.
The venture began this spring and can be accomplished in phases over the subsequent 18 months.
“World economies are shifting extra quickly than ever earlier than. It’s prudent for us to look at pathways to boost and safe our financial viability by quite a lot of rising sectors and verticals,” stated Lheidli T’enneh Chief Dolleen Logan. “This research displays as soon as once more the constructive outcomes of UNBC opening in our neighborhood 35 years in the past.”
“Northern Well being and UNBC maintain a robust and distinctive partnership that helps a strong dedication to analysis and the sensible purposes in a well being care setting,” stated Julia Bickford, Northern Well being Govt Director, Analysis Innovation & Analysis. “The grant supporting this venture is a vital step in qualifying the advantages and position that we are able to collectively play in Prince George as a hub for well being analysis nationally and internationally.”
“By working with the Lheidli T’enneh First Nation, Northern Well being and the Metropolis of Prince George to establish alternatives for a life sciences economic system, this research represents a shared dedication to advancing data that drives sustainable financial diversification locally and throughout the area,” stated Dr. Paula Wooden-Adams, UNBC Vice-President, Analysis and Innovation. “This collaboration displays a shared imaginative and prescient the place neighborhood, innovation and well being intersect to form a stronger future.”
“This venture goals to know the potential for Prince George as a hub for well being assets within the north,” stated Deklan Corstanje, Metropolis of Prince George Financial Improvement Supervisor. “We’re excited to help our native companions to know the feasibility of constructing a life sciences sector in Prince George and the financial advantages it may carry to our neighborhood.”