Community Funding

Economic Development Committee

The Economic Development Committee will review recommendations from the local Economic Development Sub-Committees for funding request within a specified budget amount set by the Board of Directors.

The Committee will evaluate these requests against written criteria that are approved by the Board of Directors.

The criteria are as follows:

• The request should generate new employment opportunities.
• The request should represent a sustainable project rather than a one-time funding opportunity.
• The request should represent a good partnership opportunity for both BVCU and other groups in our local communities today and in the future. The more partnerships created the more favorable the review of the request.
• The request could also create greater efficiencies and productivity in the work environment through innovation and training.
• The request could involve expanding the marketing and the marketplace of our local businesses.
• The request is not a loan to a business but a non-repayable grant to stimulate future economic development so it is not based on future cashflow or an ability to repay. However, the funds are targeted at businesses and economic      development not non-profit organizations, which can receive funding from BVCU’s Community Support Committees.
• The Committee will accept requests from various Trade Associations that may have been established as “non-profit” but are working on behalf of a local group of business interests.
• The Committee will support and nurture the formation of new co-operatives in each of the communities we serve.

Please download the Economic Development Committee Application form here:


In Our Community

  • The BIG BIKE RIDE!

    Team Hearthrobs had another successful year fundraising for the Heart and Stroke Foundation - our team raised $3160 this year, bringing our overall total over 12 years to $28,371!!!!
    These fundraising dollars help to fund critical heart and stroke research, and our team was proud to take part.

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  • Ding Free

    If you are away from our local communities, there are 4100 other ATMs across Canada that are Ding Free. Download the Ding Free App at http://www.ding-free.ca to locate the closest Ding Free ATM to your location

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  • Summer Safety

    With the summer season in full swing, and the warm weather inspiring us to get outside and in and on the water, the Canada Safety Council has a few good reminders about Water Safety.
    First and foremost, wear your lifejacket - and ensure all children do as well. Swimming with a buddy is recommended, and of course summer is a great time to enroll young children in swimming lessons.
    And don't forget the sunscreen, especially when out on the water!

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