Project Title:

Campbell River Business Incubator

Project Organization:

City of Campbell River

Project Investment:

  • Island Coastal Economic Trust: $100,000
  • Applicant Equity: $550,000
  • Total Budget: $650,000

Project Highlight:

Campbell River is the last large city before heading north on Highway 19 and the third largest on the island. It was built on a storied history of forestry, mining, and fishing.

To help increase local business vitality and stimulate visitor attraction and resident engagement, the City of Campbell River is creating an ‘incubator’ opportunity for local businesses. The project is targeting small and medium-sized enterprises that are home or market-based and are looking to grow their businesses into a permanent retail location. The units will offer short-term, affordable lease rates to support entrepreneurs and artisans as they grow their business for 12 to 36 months on a rotating basis and support them to get established in their first years of operation.  

The project activities will include the hiring of a contract manager to plan the design, site preparation, and the purchase and installation of seven micro-units. 

The location of the retail market, the building style, and overall aesthetic will be decided through public consultations.