Province Kicks in $ to Market Beetle Wood Products
By 250 News
The provincial government today announced an expanded program to help value-added wood product manufacturers update their business planning, technology and marketing activities.
Forests and Range Minister Rich Coleman says the program is getting an extra one million dollars because of the importance of these small businesses in forestry communities. "The funds will help these operators get access to essential business development advice, which will help them develop new products and market them around the world."
The value-added program will provide over 700 wood product companies in B.C. with access to advisory services for business development and expansion. More than half of these companies are small businesses, with 15 employees or less.
The program is a partnership between BC Wood and FP Innovations (Forintek division), a research agency managed by Forestry Innovation Investment Ltd. (FII). FII has also provided another $12 million to help trade associations and others conduct 56 projects this year to market B.C.'s wood, and to develop markets internationally. This work
includes $1.59 million for mountain pine beetle-related projects.
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