Friday, January 22, 2016

Prince Rupert Opens Community Investment Funds

By Mark Edward Nero

The Port of Prince Rupert announced Jan. 13 that the application period is now open for its 2016 Community Investment Fund. Under the fund, the port earmarks a portion of its annual income to provide financial support for projects or initiatives in the Prince Rupert region that enhance quality of life or contribute to a lasting community legacy.

In combination with funding from other businesses, community groups and government agencies, the Community Investment Fund enables millions of dollars in local improvement projects.

“The ability to partner with local organizations and provide new services and equipment that benefits thousands of people every year is something we cherish as an organization,” Port of Prince Rupert Community Relations Manager Maynard Angus said. “We look forward to growing our list of partners even further in 2016.”

Since its inception in 2009, the Community Investment Fund has enabled more than 30 projects worth more than $4 million in capital costs, with the port’s contributions to these projects exceeding $2.5 million. Among the projects the port has helped fund are a new dedicated search and rescue vessel for Royal Canada Marine Search and Rescue, Station 64 Prince Rupert and a new stage floor, plus roof repairs, for the Lester Centre for the Arts.

In 2015 alone, the port says, it contributed over $680,000 to community-driven initiatives.

In order for projects to be considered for funding, they must meet a list of prescribed criteria, including demonstrating a meaningful and wide-reaching impact for broad portion of the community they are located. For detailed information about project requirements, submission guidelines and more information on past beneficiaries of the Community Investment Fund, visit