Southern Interior Beetle Action Coalition awards C$15,000 grant to help attract investment to communities affected by pine beetle infestation in Kootenay, British Columbia

LOS ANGELES , October 4, 2011 () – The Southern Interior Beetle Action Coalition (SIBAC) has voted to support a C$15,000 award to help an economic development corporation in Kootenay, British Columbia, attract new investment to the area.

The application was made by Community Futures Central Kootenay, a not-for-profit organization, The Nelson Daily reported Oct. 3. Community Futures will use the money to develop a plan for the Invest Kootenay Partnership Initiative, which seeks to help forestry-dependent communities affected by the pine beetle infestation.

The Invest Kootenay initiative works to attract investments through business partnerships, economy diversification, innovative uses for forest resources, and entering new industries.

Greg Lay, SIBAC’s director, said the coalition saw the project as an opportunity to benefit several Kootenay communities in the area.

The primary source of this article is The Nelson Daily, Nelson, British Columbia, on Oct. 3, 2011.

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