Ucluelet Business and Employment - Retention & Expansion

Ucluelet Chamber of Commerce

Sources of Funding
ICET Contribution:$12,333
Applicant's Equity:$32,400
BC Rural Dividend Fund:$71,573
Total Budget: $116,306

The District of Ucluelet is among many small working harbour communities that have experienced a decline in the resource sector in recent years. In a 2012 economic development strategy, Ucluelet identified key areas for diversification including tourism, expanding marine-related services, and business retention and expansion activities.

Launched in Fall 2017, the Ucluelet Business and Employment – Retention and Expansion program (UBERE) delivers new supports to the local business community. The year-long initiative involved a comprehensive consultation with over 140 businesses, youth and First Nations to identify challenges and opportunities for business development, create new supports, and deliver program components.

Specific deliverables include new educational supports for businesses and entrepreneurs, a youth work-experience program, a tourism asset retention program, and a business conference and trade show. The project is anticipated to encourage existing business growth, create new employment, and strengthen new business development.

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

2020-2021
ANNUAL REPORT

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