The cash comes from the Province’s Rural Financial Diversification and Infrastructure Program (REDIP)
Funding is coming to Prince George to perceive the financial impression of constructing a life sciences economic system in Northern B.C.
On Wednesday, Aug. 20, the town introduced they’ve acquired $500,000 from the province’s Rural Financial Diversification and Infrastructure Program (REDIP).
Prince George’s financial improvement division is supporting the challenge, which the Lheidli T’enneh First Nation, Northern Well being, and the College of Northern British Columbia (UNBC) are additionally concerned in.
“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 information that drives sustainable financial diversification in the neighborhood and throughout the area,” stated UNBC vp of analysis innovation and analysis Paula Wooden-Adams. “This collaboration displays a shared imaginative and prescient the place group, innovation, and well being intersect to form a stronger future.”
The grant offers all these concerned monetary flexibility because it now incorporates market analysis, sector evaluation, engagement with events, and coverage and funding alignment to establish present gaps within the area and appeal to funding, stated Wooden-Adams.
“International 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 via a wide range of rising sectors and verticals,” stated Chief Dolleen Logan of the Lheidli T’enneh First Nation. “This research displays as soon as once more the constructive outcomes of UNBC opening in our group 35 years in the past.”
The challenge began this previous spring and is predicted to take 18 months.