Business retention, expansion project reveals results

Businesses in the Lower Columbia region are planning on investing $60 million over a three year period.

The Lower Columbia Initiatives Corporation’s Business and Retention project has confirmed that businesses in the Lower Columbia region are planning on investing $60 million over a three year period.

In partnership with the Rural Development Institute, Kootenay Association of Science and Technology, the Skills Centre and Columbia Basin Trust, the Lower Columbia Initiatives Corporation (LCIC) interviewed 147 businesses over the past six months and is now hosting three forums to share the findings with everyone in the region.

The Business Retention and Expansion survey provides information to understand the business sectors, current business development climate, anticipated future growth, barriers to growth and a basis for future economic development strategies.

The three forums will be held:

• Tuesday, May 28 in Trail at the Muriel Griffiths Room (Selkirk College Trail Campus), 7-8:30 p.m.

• Wednesday, May 29 in Rossland at the Prestige Mountain Resort, 7-8:30 p.m.

• Thursday, May 30 in Fruitvale at the Memorial Hall Club Room, 7-8:30 p.m.

For the full report visit the LCIC website www.lcic.ca.

The LCIC is committed to region-wide opportunities for economic development that will assist in strengthening the local economy in the Lower Columbia region.

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