_ even’ accompany ‘their client in
making a proposal to the bank.
a If necessary, they could even end
-.. wp being the banker.

-. They can also provide

leverage by: guaranteeing loans
to.a lending institution. That
way, the money.can be acquired

f "ata negotiated rate. Another -

alternative would be for Com-
munity Futures to take an equity
position and buy, for example,
30 percent of a company with a
contractual buy-out by the
business within five years.

'. Whitney would make arrange-
ments with any eligible business
on.an individual and personal-
ized basis.

Centre can also provide access to
training and training funds. For
example, a five or six-week
course on how to prepare a
business plan would be very ex-
pensive for an individual
business to organize..Communi-
ty Futures, in collaboration with
economic development officers
in this area, hopes to offer it
locally (at a much reduced cost). .

Community Futures can ac-

Business —

‘projects. For example, Canyon

_ west side of the Nass River that

| -posals for economic develop-
The Business Development

.to prevent duplication of energy

“Where To Find

R & R CONTRACTING

continued from page A10__
cess provincial and federal funds
to sponsor community-based

City has an economic need fora
vehicular bridge across the Nass
River. The Canyon City Band
Council has logging land on the

is riot accessible without a
bridge. It will employ 50 percent
of the community on a long-
term basis, and thus meets the
criteria for assistance through
Community Futures.

Last Thursday, Stowell met
with the Economic Development
committee of Kitamaat Village.
They have a few interesting pro-

ment in their area.

Community Futures and the
Business Development Centre
are bringing a regional perspec-
tive to development, They want

and services and ensure that the
right people are contacted and
linked into the various proposals
presented by. prospective
businesses and community ser-
vices.

.
P
;

Joe Whitney, manager of the 16-37 Community Futures Business Development Centre, con-
gratulates James Draper, a local artist who has been able to turn his talent into a busines

with help and advise from the BDC.

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