On February 27, 2006 the Government of British Columbia enacted legislation launching the Southern Interior Development Initiative Trust with a $50 million one time allocation paid into a Regional Account. The Trust has the full powers and capacity of an individual and is not an agent of the government. The objective of the Southern Interior Development Initiative Trust is to help grow and diversify the economy of the Southern Interior of British Columbia through economic development initiatives in 10 key sectors.
SIDIT’s service area covers the Southern Interior of British Columbia, an area generally described as bounded by the US border to the south, the Alberta border to the east, Hope to the west and Blue River to the north.
SIDIT’s funding programs are specifically targeted toward investments in self sustaining projects that support the ten mandated themes as defined in legislation. Performance measures include job creation, retention and enhancement, increased revenues, sustainability, leverage and economic diversification to the Southern Interior area of British Columbia.
For more information, please visit their website: https://sidit-bc.ca/