BCBusiness

June 2020 – Thirty Under 30 | Invest in BC Special Report

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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We are here for the communities of British Columbia The British Columbia Economic Development Association (BCEDA) founded Canada's first Economic Disaster Recovery Program in 2012. Since that time, BCEDA has provided leadership in designing and implementing programs in BC, throughout Canada and even assisted in the United States. While each disaster is unique, the basics are the same. Residents, businesses and communities are impacted and the suppo needs to be given to help them recover. Programs must be developed to meet the immediate needs of the community. BCEDA has developed workshops to help communities be be er prepared to overcome the economic impacts of disasters. Never before has the need to work together been so prevalent. Understanding the impacts of COVID19 on our local community's economy and sharing our effo s towards response and recovery is needed. We are all in this together. Why Suppo Local? • 25% of small businesses do not reopen a er a major disaster • Local businesses are owned and operated by your neighbours • For every $100 spent with a local business, $46 is recirculated back into the local economy • Local businesses are more likely to utilize other local businesses like banks, service providers, and more • Small businesses create 7 in 10 jobs • Local businesses provide more suppo for community events, teams and charities www.bceda.ca

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