Invest Kootenay gains momentum in region

Invest Kootenay, a free online listing service that has partnered with the Kootenay-region community to seek new business investment for the region, reached a milestone last month, with over 1,000 investors registering for the service.

The service has welcomed three additional partners since the beginning of 2014.

An Invest Kootenay press release from June 26 states that the service is currently partnered with 19 municipalities and several regional district rural areas including Nelson, Castlegar, Revelstoke, Kimberley, Fernie, Sparwood, Kootenay Lake, the Lower Columbia Region and most recently, the Columbia Valley, Boundary region and Nakusp.

“Invest Kootenay is one of the best examples of community collaboration for economic development in the Kootenays,” Chair of Invest Kootenay and RDCK Area A director Garry Jackman said in the press release.

“Not only does Invest Kootenay promote the Kootenay region for new investment, it also supports succession of existing business by connecting them to potential investors.”

Over the past five years, there have been 28 confirmed Invest Kootenay investments, representing $5.8 million in direct investment in the region. Five of these have happened since January 2014, the press release states.

And The Columbian Basin Trust recently announced a two-year, $275,000 commitment to Invest Kootenay in support of the services efforts in achieving further economic development in the region.

“The contribution from the Trust makes it possible for Invest Kootenay to expand the presence of the Kootenays on the investment stage,” Jackman said.

“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.”

We encourage an open exchange of ideas on this story's topic, but we ask you to follow our guidelines for respecting community standards. Personal attacks, inappropriate language, and off-topic comments may be removed, and comment privileges revoked, per our Terms of Use. Please see our FAQ if you have questions or concerns about using Facebook to comment.

You might like ...

City of Fernie Councillor Candidate: Jon Levesque is running for a councillor position in the City of Fernie
Bev Bellina Q & A
Herman goes to Africa
Isabella Dicken kids in Fernie get to grips with science
Prince Rupert students complete work on healing and reconciliation gift to government
Liberals, NDP spar over MMBC recycling rollout
Meet the candidates: Prince Rupert School District trustees
Gun amnesty declared in June
Central Okanagan school trustees take office

Community Events, October 2014

Add an Event

Read the latest eEdition

Browse the print edition page by page, including stories and ads.

Oct 30 edition online now. Browse the archives.