ICET PROVIDING BURSARIES, INTERNSHIP

Thursday, July 30, 2015

COURTENAY – With a mandate to help diversify and strengthen the economy in its operating region, the Island Coastal Economic Trust also believes it is important to invest in people.

The organization is again providing registration bursaries for 20 people to attend the Vancouver Island Economic Summit this fall.

ICET is also offering five bursaries of $1,000 each to support attendance at targeted economic development training courses, helping to defray costs of tuition, travel, and accommodation.

“We’re committed to community participation in their own economic development, and that means providing the opportunity to learn from others and share best practices,” said ICET Chair Phil Kent. “These bursaries are designed to remove the financial barrier for those who are actively involved in economic development and want to further their skills.”

New this year, the Trust is looking to engage the younger movers and shakers in our region by earmarking ten of those Vancouver Island Economic Summit bursaries for eligible applicants under age 40.

Application deadline for the Vancouver Island Economic Summit bursary is September 25.  You can read more details about both bursary programs here: http://www.islandcoastaltrust.ca/bursaries.

Along with the bursaries, ICET is also offering a paid internship opportunity for a recent graduate.

“We are offering a valuable, hands-on experience working in economic development,” said ICET CEO Line Robert. “It’s an 8-month term, starting in September, it’s open to recent University grads with a degree in Business, Economics, Political Science, Public Administration, or other related discipline.”

ICET’s regionally-focused, grassroots approach to delivering on its mandate means that an intern working with the organization will also have the opportunity to learn from communities, First Nations and non-profits and see first-hand, the impact of economic development initiatives in our region.

Read the full internship posting here: http://www.islandcoastaltrust.ca/sites/default/files/Economic%20Development%20Intern%20job%20posting%20final.pdf

About the Island Coastal Economic Trust

The Island Coastal Economic Trust is a $50 million endowment established in 2006 by the Government of British Columbia to help diversify the economies of central and northern Vancouver Island and the Sunshine Coast. 

ICET is guided by a Board of Directors and two Regional Advisory Committees which include more than 50 locally elected officials and MLAs and five appointees.  This exceptional team of leaders collaborates to set regional priorities and build vital multi-regional networks. 

Through a community-centred decision-making process, ICET has approved $49 million for over 135 economic infrastructure and economic development readiness projects on the Island and Sunshine Coast since implementing its grant program in 2007.  ICET investments have leveraged over $276 million in incremental funding into the region.

A full overview of ICET can be found at www.islandcoastaltrust.ca

-end-

For further information:

Line Robert, CEO
Island Coastal Economic Trust
Tel. 250-871-7797 (Ext. 227)
line.robert@islandcoastaltrust.ca

Mayor Phil Kent, ICET Chair
City of Duncan 
Tel. 250-709-0186
mayor@duncan.ca

ICET By The Numbers

2,500
person years employment created (construction phase)

ICET By The Numbers

50
locally elected officials and MLAs working together

ICET By The Numbers

$10.4
million annual provincial government revenue generated

ICET By The Numbers

3,650
post completion jobs created

ICET By The Numbers

$4.6
dollars leveraged for every ICET dollar invested

ICET By The Numbers

$236
million leveraged into the region

ICET By The Numbers

$50.5
million disbursed

ICET By The Numbers

$52.1
million committed

ICET By The Numbers

212
economic development projects

ICET By The Numbers

170
projects completed

ICET By The Numbers

36%
projects in small (less than 5,000) communities

ICET By The Numbers

50+
communities with ICET projects

2018-19 Annual Report

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