Tuesday, August 29, 2017

TRICORP expands economic development options on North Coast

A new program for First Nations residents of the North Coast who have an interest in developing a business in the region has been developed by the Tribal Resource Investment Corporation.

Better known in the community as TRICORP, the organization has introduced the launch of their Aboriginal Business Equity Program.

As part of the roll out of the program, the ABEP  initiative will consider non-repayable contributions to Aboriginal clients for eligible capital and business support.

Those contributions can be put to use in support of a start up of a new business, expansion of an existing one or the acquisition of a viable business in the community.

The program contribution has a maximum financial top end of $99,999 for individuals and incorporated businesses, with up to $250,000 available for community owned businesses, based on a viable business plan and subject to other financing being in place.

As well, Non-repayable contributions for business plans, marketing and other related businesses support services will also be considered.

To learn more of the new program, contact David Parnell at 250-624-3535 or 1-800-665-3201.

Further details related to the range of programs offered by the organization can be reviewed from the TRICORP website

The organization's Facebook page also offers up other notes related to their initiatives around the Northwest 

Since becoming a self-sustaining Corporation in 1996, TRICORP has been playing a role in Aboriginal Business development  on the North Coast and beyond,  expanding their foundation in the community through a number of initiatives.

The service that TRICORP serves extends from Haida Gwaii to the west to Burns Lake in the East, southwards to Hartley Bay and as far north as the BC/Yukon border. Such has been the growth of the organization in recent years, that they recently opened offices at Grassy Bay Lane in the Prince Rupert industrial park.

For more items related to the Northwest Business scene see our archive page here.

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