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$1.56 million
Community Economic Development
With the 2003 WD funding announcement for the Port of Prince Rupert, there emerged a significant opportunity to develop cruise passenger traffic on the North Coast and realize considerable economic benefits for British Columbia.
WD provided $1.56 million to create the Northland Cruise Ship Terminal. It is projected that within 10 years, Prince Rupert has the potential to attract 140 vessels and more than 250,000 passengers annually. The development of the cruise terminal dock facility has established Prince Rupert as a port of call for international cruise lines en route to Alaska, and will continue to develop the tourism sector in the Pacific Northwest region.
$1.3 million
Community Economic Development
A $1.35 million WD funding investment, under the Mountain Pine Beetle Program’s Airport Improvements Initiative, enabled Kelowna International Airport to extend the main runway by 1,200 feet and the south end by 400 feet. The extended runway officially bridges the airport’s transition from continental airport to one capable of accommodating long-haul and international flights. The project also included installation of blast fences at both ends of the runway and minor upgrades to airside aprons to accommodate larger passenger aircraft. Kelowna International Airport celebrated the grand opening of its new runway expansion on November 7, 2008.
Benefits of the expanded runway include:
$197,500
Entrepreneurship and Innovation
Since 2006, WD has invested $197,500 towards the creation and expansion of the Emily Carr University of Art and Design’s Industry Liaison Office (ILO).
The original investment of $97,500 enabled the University to create the office and help strengthen the University’s technology transfer capacity in the areas of media arts, visual arts and design. The facility:
In 2008, WD made a second investment of $100,000 towards the expansion of the ILO. With this funding, the ILO will strengthen existing partnerships, and create new partnerships and collaborative projects through an University/Industry partnership program and "Entrepreneur-in-Residence" program. The project will also encourage mentoring by providing opportunities for faculty, staff and students to engage in entrepreneurial activities.
Since 2006, the University’s Industry Liaison Office has developed 13 prototypes through applied research, identified 26 processes or products for further research and development, and placed 12 internships and 35 co-op students.
$700,000
Entrepreneurship & Innovation
Thanks to $400,000 of funding support through the Western Diversification Program, The Centre for Drug Research and Development at the University of British Columbia was able to initiate start-up operations in 2006. A subsequent investment of $300,000 established new laboratories and purchased the equipment necessary to advance promising early-stage medical discoveries towards commercialization. Technology is used for target validation, screening, design and synthesis, drug delivery and drug evaluation. As a result of this investment, the Centre for Drug Research and Development: