Published On: Friday, 31 March 2017

Williams Lake Launches 'Seeding Start-Ups' Program

Williams Lake Launches 'Seeding Start-Ups' Program
To be eligible for the program, applicants must be a resident of Williams Lake, and plan on operating within city limits.

WILLIAMS LAKE - A new program for Williams Lake residents is now available to create new business development. The Seeding Start-Ups Pilot Project is aimed at providing “seed” money for youth and seniors interested in starting a business in the city.

Contributions range from $1000-$1500 based on approval of a business plan presented to the Seeding Start-Ups Review Panel. The Review Panel is comprised of members of the program Steering Committee, which includes Community Futures of the Cariboo Chilcotin, the Williams Lake and District Chamber of Commerce, Williams Lake Business Improvement Association, Thompson Rivers University, and the City of Williams Lake.

The program is aimed at growth in two demographics, youth and seniors. “To qualify for the program, we are looking for business start-ups from youth aged 19 to 29, and the 50+ age group.” says Steering Committee member Karen Eden, General Manager of Community Futures.

“Generally, these are two demographics that contribute significantly to the economy, but their participation lags behind other population groups when it comes to entrepreneurship.”

The 50+ group was identified as having significant potential to create business growth based on a similar program based in Australia. The “Seniorpreneur” concept is growing in popularity based on the increased number of people, although retired from the workforce, who are still vibrant and active.

To be eligible for the program, applicants must be a resident of Williams Lake, and plan on operating within city limits. Seeding Start-Ups coordinator Beth Veenkamp is available to answer questions and provide more information on the program. If you are considering entrepreneurship, contact her at 250.392.8480 or email bveenkamp@williamslake.ca.