Powell River Sectoral Strategy for the Creative Economy

Powell River Educational Services Society

Sources of Funding
ICET Contribution:$25,000
City of Powell River and PRRD:$10,00
Tla'amin Nation:$5,000
Powell River Educational Services Society:$5,000
Vancouver Island University:$5,000
Total Budget: $50,000

Powell River has a long history of valuing cultural assets, intertwined with its identity as a resource sector town. While economic drivers shift away from traditional resource industries, the town’s cultural assets remain a strong platform for economic diversification.

Already home to an emerging creative sector, the Creative Economy Strategic Plan leverages Powell River’s cultural assets into a sustainable economic driver. The project involves consultation with key stakeholders and formation of a steering committee to identify cultural assets and opportunities for development. Specific deliverables include an asset inventory and 5-year plan of actionable projects that will promote growth, innovation and entrepreneurial activity in the creative sector.

The strategy is expected to benefit existing businesses in the creative sector, as well as proliferate new business concepts and entrepreneurial innovation. Anticipated project outcomes include new education programs for youth, attraction of digital-media businesses, and new supports for creative startups and entrepreneurs.

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

2,600
post completion jobs created

ICET By The Numbers

$4.6
dollars leveraged for every ICET dollar invested

ICET By The Numbers

$230
million leveraged into the region

ICET By The Numbers

$49.1
million disbursed

ICET By The Numbers

$50.9
million committed

ICET By The Numbers

185
economic development projects

ICET By The Numbers

150
projects completed

ICET By The Numbers

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

ICET By The Numbers

50+
communities with ICET projects

2017-18 Annual Report

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