Primary Producers Agreement Extended for Another 3 Years / Business Incentive Program (BIP) Created
As the end of the pilot year for the Primary Producer Agreement drew near, one thing was certain in the minds of the Board of Directors and Beaver River Community Futures Development Corporation (BRCFDC): The Primary Producer Incentive Program (PPIP) must be extended. The pilot year was very successful and it was greatly received by the Trappers, Commercial Fishers and Wild Rice Harvesters. Since the closing of the Northern Development Fund (NDF) which allowed Primary Producers to obtain small loans for their business, these entrepreneurs had no where to turn. The PPIP was created in response to this gap in services and it was wildly successful. The program will continue for another 3 years where it will once again be reviewed for renewal.
Also in response to the success of the Primary Producer Incentive Program, a new program for budding entrepreneurs was created called the Business Incentive Program (BIP). Following the application procedure and expectations as the Primary Produce program, entrepreneurs will be able to take advantage of this loans program that will include a mentorship component to it. Starting up a business, especially in its first year, can be tasking and through this partnership with Beaver River Community Futures and PLEDCO, we are hoping that having this guided process will encourage more business minded individuals to work on a plan and put forth in motion their dreams of owning their own business.
Those interested in applying for either program can contact Beaver River Community Futures and book an appointment: (306) 236-4422.