|By Marketwired .||
|April 14, 2014 05:00 PM EDT||
VICTORIA, BRITISH COLUMBIA -- (Marketwired) -- 04/14/14 -- Western Economic Diversification Canada
Today, the Honourable Michelle Rempel, Minister of State for Western Economic Diversification, announced $898,000 to support the Greater Victoria Development Agency (GVDA), through the Greater Victoria Chamber of Commerce (GVCC), in their efforts to bring international business and trade opportunities to Victoria.
These funds will be used to prepare greater Victoria small- and medium-sized enterprises (SMEs) to take advantage of international business opportunities, and showcase the area's unique strengths by: evaluating regional potential and matching that with international business opportunities; creating mentorship opportunities between current exporters and SMEs with strong export potential; creating marketing materials; and undertaking trade missions.
The project will be carried out by the GVDA, the region's economic development office, and will involve a number of stakeholders and project partners working together to strengthen the local economy.
-- The project will use a collaborative model involving industry, academia, and economic development partners. -- This investment will allow 45 SMEs to pursue trade and investment opportunities. -- The GVDA board has representatives from six private-sector companies, and 12 different stakeholder organizations. It was created in 2007 by the Greater Victoria Chamber of Commerce to deliver region-wide economic development services in the capital region.
"Greater Victoria has a dynamic technology and manufacturing sector. This investment will bring more of the world's business to Victoria, and with it, jobs and economic benefits."
- The Honourable Michelle Rempel, Minister of State for Western Economic Diversification
"This support from Western Economic Diversification Canada represents the most significant project ever undertaken by the Greater Victoria Development Agency. This funding will enable our region to thrive through a fundamental economic transformation into a regional economy that creates more jobs that support families, young people, and overall sustainability of one of Canada's most high-potential metropolitan regions."
- Michael Weston, Chair, Greater Victoria Development Agency
- Western Economic Diversification: http://www.wd-deo.gc.ca/
- Greater Victoria Development Agency: http://www.gvda.ca/
The West Means Business.
IF THERE IS A DISCREPANCY BETWEEN ANY PRINTED VERSION AND THE ELECTRONIC VERSION OF THIS NEWS RELEASE, THE ELECTRONIC VERSION WILL PREVAIL.
Director of Communications
Office of the Minister of State
Western Economic Diversification
Economic Development Officer, Greater
Victoria Development Agency
WD Toll-Free Number: 1-888-338-WEST (9378)
Teletypewriter (TTY): 1-877-303-3388
WD is online at www.wd-deo.gc.ca