Business Support

 

Business Networking

The Comox Valley has a number of Business Networking groups, each with its own focus and mandate.

Comox Valley Chamber of Commerce

The Comox Valley Chamber of Commerce exists to be the voice of business in the Comox Valley. Their mission is community and business leadership through excellence, innovation and sustainability.

 

Downtown Courtenay Business Improvement Association

Downtown Courtenay BIA provides leadership in the business community to ensure that the Downtown Courtenay Business Improvement Area continues to be vibrant and responsive, meeting the needs of its members and the public and remaining on the leading edge of change.

 

Comox Business in Action Association

Comox By the Sea

The Comox BIA promotes trade, commerce and an enhanced business and social environment.

  • The purpose of the Society is to promote trade and commerce within the downtown core of the Town of Comox.
  • To sponsor, promote and organize special events in order to attract people to the downtown core of the Town of Comox
  • To create a more viable, accessible, business friendly atmosphere in the Town of Comox in order to attract new businesses

Business Networking Groups

Follow the links below for more information on local networking groups.

 

Labour Market

The Comox Valley has a strong and educated labour market to support businesses looking to expand or relocate to the region. Sources for employment access and information include:

Labour Market Information

  • Labour Force Statistics – Data on the local area labour force.
  • Service Canada – The Labour Market Information (LMI) Service helps Canadians find information about occupations and labour market trends and outlooks, including skill or labour shortages and surpluses, and statistics on unemployment rates and the working-age population.
  • Job Bank – Find additional labour market information here.
  • Work BC – Learn all about the economy of B.C., including vital labour market outlooks, monthly employment trends and information on the province’s green economy. You’ll also find other sources and a guide to making labour market information work for you.

Employer Resources

  • Work BC
  • The Job Shop – Delivers the Work BC Employment Program of British Columbia. You can post a job for local employment, find out more about the wage subsidy work experience program, or sign up for a job fair.
  • Skilled Worker Immigration – PNP – The Skills Immigration and Express Entry British Columbia streams of the BC PNP are employer-driven and are designed to help B.C. businesses attract and retain international workers and students to meet B.C.’s labour market needs.

Employee Training

 

Business Licenses

City of Courtenay

A Business Licence is required if you plan to carry out business within the City of Courtenay.

Town of Comox

All businesses, including home-based businesses, operating within the Town of Comox require a business licence. Business licences are valid for each calendar year period, and can be applied for at any time throughout the year. For more information on operating a business in the Town of Comox, click here.

Comox Valley Regional District

A business license is not necessary to operate in the regional district.

 

Buying and Selling a Business

Buying a Business

  • Visit the Business Development Bank of Canada page on the decision of starting or buying a business.
  • Visit Small Business BC: Buying a Business to find articles to help you make the decision on whether to start your own business or buy an existing one, legal steps to buying a business, and some tips to help the process.
  • Canada Business has some questions to ask yourself when thinking about buying an existing business.
  • Find current opportunities using Trade and Invest British Columbia’s opportunity database. Use the ‘Vancouver Island & Coast region’ and ‘Comox Valley Regional District’ to focus your search.
  • Find a Business, Sell your Business – Find businesses for sale or list your own business on the Opportunities BC network.

Selling a Business

 

Business Financing / Grants

Find more programs / grants here:

Click to expand list of financing & grant programs

Advance Payments Program

The Advance Payments Program (APP) is a federal loan guarantee program which provides agricultural producers with easy access to low-interest cash advances.  Learn more

AgriStability

AgriStability protects agricultural producers against declines in their net farming income due to market conditions, production loss or increased costs of production. Payments are made if a producer’s current year margin falls more than 30% below their reference margin.  Learn more

Aquaculture Collaborative Research and Development Program

The Aquaculture Collaborative Research and Development Program (ACRDP) is a Fisheries and Oceans Canada (DFO) initiative that promotes collaborative research activities between the aquaculture industry and the department, teaming industry representatives with DFO researchers.  Learn more

BC Venture Acceleration Program

The Venture Acceleration program helps entrepreneurs accelerate the process of defining a proven business model based on a set methodology and set of best practices for growing technology companies.  Learn more

BDC Indigenous Entrepreneur Loan

As an Indigenous entrepreneur, you could get up to $350,000 to start or grow your business, whether you operate on or off reserve.  Learn more

BDC Small Business Loan for existing business

This Small Business Loan is designed to help you quickly and easily access the funds, up to $100,000, you need with flexible terms you can afford.  Learn more

Canadian Agricultural Loans Act program

The Canadian Agricultural Loans Act (CALA) Program is a loan guarantee program designed to increase the availability of loans to farmers and agricultural co-operatives. Farmers can use these loans to establish, improve, and develop farms, while agricultural co-operatives may also access loans to process, distribute, or market the products of farming. Learn more

Community Futures British Columbia — Financing programs for entrepreneurs

For over 30 years, Community Futures has been a proven leader in supporting rural entrepreneurs and small to medium enterprises just like you throughout BC and across Canada to survive and thrive.  Learn more

Digital Accelerator for Innovation and Research

Digital Accelerator for Innovation and Research leverages Canada’s investment in CANARIE and its research and education network to provide Canada’s high-tech entrepreneurs access to free cloud-based compute and storage resources to help them rev up product development and gain a competitive edge in the global market.  Learn more

First Citizens Fund — Business Loan Program

Business loans are available to Indigenous entrepreneurs in British Columbia.  Learn more

Futurpreneur Canada Newcomer Program

If you’re new to Canada and don’t have a credit history, Futurpreneur Canada wants to help you launch your business. We provide tailored support and eligibility criteria to reflect your new status in Canada.  Learn more

Operation Entrepreneur

Operation Entrepreneur is a national, bilingual program helping Canadian Armed Forces members, Veterans, and their families successfully transition from service, explore second career options, and build the community necessary to confidently start phase two of their lives.  Learn more

Thinking Capital – Canadian Small Business Loans

Canadian small business loan gives you quick access to capital you can use to run your business. Our simple application process takes only a few minutes, and your funds are available for use in as little as 24 hours.  Learn more

Women’s Enterprise Centre (British Columbia)

Women’s Enterprise Centre offers business loans for women-owned businesses in BC. Whether you’re just starting out, purchasing a business or growing your business, we can help.  Learn more

 

Can’t find what you’re looking for? Click here to contact us.

Funding + Tax Credit

Innovate BC’s Ignite Program provides up to $300,000 to fund innovation projects in the areas of natural resources, applied science and engineering.

BC Tech Co-op Grant – Need talent? Get up to $10,800 in funding to hire a co-op students through the BC Tech Co-op Grant.

Innovator Skills Initiative Program – Offers up to $10,000 a year to hire a business or tech student.

Industrial Research Assistance Program (IRAP) – Provides financial support to qualified small and medium-sized enterprises in Canada to help them undertake technology innovation.

Natural Sciences and Engineering Research Council of Canada NSERC – Alliance grants encourage university researchers to collaborate with partner organizations, which can be from the private, public or not-for-profit sectors.

Scientific Research and Experimental Development (SR&ED) Program – Federal tax incentive program designed to encourage Canadian businesses of all sizes and in all sectors to conduct research and development (R&D) in Canada.

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