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Economic Support & Resources

District of Hudson's Hope
Industry Funding

BC Maritime Industries Infrastructure Modernization And Expansion Grant - Stream 2: Larger Capital Projects

Association of BC Marine Industries
About

The scope of the program is to align marine industry projects to both the StrongerBC Economic Plan, creating economic and environmental benefits of clean and inclusive growth, and the CleanBC Roadmap to 2030, meeting legislated emissions reduction targets. The outcomes will greatly benefit marine industry organizations within British Columbia and are expected to:

  • Modernize, scale and expand industrial maritime infrastructure in B.C.

  • Attract new market demand and investment

  • Establish B.C. as a leader in innovative and high-value maritime activity

  • Stabilize and grow well-paying, high-quality and inclusive jobs

  • Provide opportunity for high-value knowledge based clean made-in-BC technologies

  • Contribute to a decrease of harmful air emissions

Funding

25% of capital costs up to $5 million

Application Period

Not specified

Eligible Applicants

Eligible applicants must be for-profit organizations that: 

  • Operate in the ship and boat building, refit, repair and maintenance sector. 

  • Have been operating in B.C. for at least 24 months. 

  • Have an existing footprint in the province of British Columbia. 

  • Can demonstrate being a viable operation through positive cash flow or have net positive assets. 

  • Are not currently preparing the business for closure, dissolution, bankruptcy or sale.

Eligible Projects

Dry dock and wharfage expansion for boat and ship overhaul, refit, maintenance and repair infrastructure

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