RADIUM HOT SPRINGS, B.C. – The Government of British Columbia is funding local governments, First Nations and not-for-profit organizations in the Kootenay and Boundary regions of the province to promote economic diversification and infrastructure development.
B.C. is putting up to $33 million in funding as part of the second intake of the Rural Economic Diversification and Infrastructure Program (REDIP), and communities in the Kootenay and Boundary regions will receive as much as $2.8 million for 10 approved projects from REDIP to help strengthen local economies, a release said.
The Kootenay Outdoor Recreation Enterprise Society (KORE), located in Kimberley, B.C. is an outdoor-recreation technology-focused organization that will receive approximately $450,000 to advance a cluster of outdoor-gear manufacturers and product designers in the Kootenays and to conduct a feasibility study for Re-Hub, a textile upcycling facility. KORE received $50,000 through REDIP’s first intake for a sector survey and engagement roundtables.
“Through the REDIP funding, KORE will now be able to become a leader as the outdoor rec-tech sector connector, not only for the Kootenay region but also for British Columbia, and to advance the supporting ecosystem. KORE’s vision to become Canada’s most recognized region for outdoor gear circularity through the development of the Re-Hub program is now a reality because of this REDIP financial contribution,” KORE executive director Kevin Pennock said.
Communities can receive REDIP funding through three streams: economic diversification, economic capacity and forest impact transition.
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