CCEDA Economic Development Commons

Cortes Community Economic Development Association

Sources of Funding
ICET:$
Applicant Equity:$18,950
Total Budget: $33,950
Quick Facts: 

A development strategy for 2.6 acres of land within the heart of Cortes Island will address a lack of business and community gathering spaces, and create more opportunities for existing enterprises and start-ups. 

Cortes Island has long had a shortage of commercial space and community gathering spaces, resulting in business closures and lack of start-up opportunities. A recently completed Local Economic Plan has identified the development of community-owned commercial space as a fundamental step in supporting and helping to sustain local businesses.

The project is led by the Cortes Community Economic Development Association (CCEDA), a local non-profit, mandated as stewards of a 2.6 acre property at Mansons Landing. The goal is to make use of the land for commercial, food security and community gathering purposes, and apply a social enterprise model to its operations.

The first phase will include community engagement to refine demand and opportunity. The second phase will translate the community vision into a feasible concept design and related operational planning documents.

The CCEDA galvanized significant community engagement and support over the past two years, including with the Klahoose First Nations, the Community Foundation and several other non-profit organizations, to ensure the entire planning process puts the community at its centre. 

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

2,750
post completion jobs created

ICET By The Numbers

$4.6
dollars leveraged for every ICET dollar invested

ICET By The Numbers

$246
million leveraged into the region

ICET By The Numbers

$52.3
million disbursed

ICET By The Numbers

$55.2
million committed

ICET By The Numbers

230
economic development projects

ICET By The Numbers

210
projects completed

ICET By The Numbers

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

ICET By The Numbers

50+
communities with ICET projects

2021-2022
ANNUAL REPORT

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