QHR Technologies Inc – financing October, 2009
QHR Technologies Inc. (QHR) is a company specializing in software designed to improve the efficiency of professionals in healthcare and other markets. The company currently offers an integrated Human Resource Information System and an Electronic Medical Records solution. Headquartered in Kelowna, QHR has focused on the business development of promising Canadian technologies to meet the needs of emerging or under-developed markets and is currently one of the largest technology companies in the Southern Interior. The company's forecasted growth and profitability will make it an anchor company for the technology sector in the Southern Interior. QHR will be active in attracting additional capital & talented people to our region and newly developed products will serve Canadian & International markets.
Thermo Matrix Industries Ltd - financing October, 2009
Thermo Matrix Industries was established as the result of an innovative product development initiative driven by the owners. Thermo Matrix delivers a suite of commercial and retail energy solutions that significantly reduce energy demand by way of alternative (green) energy supply and management of that supply. The company has dedicated much of the last two years developing and testing its product line-up. With a total of five market ready products and two in the final stages of development, Thermo Matrix is ready to start selling its technology to broader markets. Even with economic conditions in Canada weakening, green products and initiatives are gaining and becoming the preference of consumers. The last Federal budget provided several financial benefits to being in this field. The Federal Governments Eco-action plan boosts the viability of this area of products. This plan addresses consumer rebates, retrofit, tax credits in the HVAC and plumbing industry. These markets are experiencing an increase in activity and revenue rewards due to government incentives.
Reliant Web Hosting Inc. operating as Tenzing - financing October, 2009
Tenzing specializes in hosting complex Windows, Linux, and Hybrid Internet applications. Over the last ten years it has built up the people, processes, tools, and infrastructure to do this better than anyone else in Canada. SIDIT loan financing funds equipment purchases required to service new contracts and help Tenzing continue its research and development of its advanced, Software-as-a-Service (SaaS) platform. With over 10 years of experience in the industry Tenzing has developed a unique value proposition and a strong competitive position in the industry. An investment in Tenzing is assisting the vision of a strong technology and information services for the Southern Interior.
Golden Timber Frames – financing August, 2009
Golden Timber Frames specializes in state-of-the-art, highly automated, timber frame manufacturing. GTF’s operations divide into two main activities: sales and manufacturing. The sales component will involve the marketing and promotion of GTF’s timber frame construction and related design services for the sale of its timber frame structures to other business concerns engaged in building construction. GTF will offer a premium timber frame product and value-added services at competitive prices which is expected to allow the company to quickly assume a dominant position in the timber frame segment of the residential housing and commercial construction markets.
Community Futures North Okanagan – Grant $29,822
The overall goal of this project is to support rural economic diversification of the Okanagan Valley economy through the development of a new on-line business service that will connect businesses to one another, connect the business organizations together, and connect the existing business services for the purpose of: supplying and purchasing, providing businesses assistance services such as human resource information, peer (cluster) support, labour market training, and offering inbound investors an opportunity to view the Okanagan business community.
Centre for Innovation in Ranching - TRU - Grant $150,000
This project funded the purchase of analytical, testing and development equipment for an interdisciplinary research centre that encompasses the range of economic drivers and product potentials from the pasture to the end product. The economic benefits are: to create a premier research and development institute that will improve the sustainability, viability and profitability of ranching and associated industries and improve the economy of the region; improved ranching practices that increase profitability; improved range management; more accessible and economically viable provincial animal harvesting operations; more value added meat products that are tested and brought to market; and new ranching technologies brought to market.
Gold Country Geotourism – Grant $35,000
Gold Country Communities Society developed and implemented a Geotourism program to attract visitors to the Gold Country Region. Geotourism is the modern treasure hunt with a twist, combining the outdoor adventure and sport activities of geocaching and orienteering, with an exploration aspect of historical and cultural education. The introduction of the Geotourism Program helped communities within the region to reduce their reliance on the forest industry by growing local revenue through increased tourism traffic, multiplying overnight stays and augmenting opportunities for new businesses and services.
Kootenay Aboriginal Business Advocates Society (KABAS) – Grant $25,000
KABAS funding is based on KABAS’ demonstrated ability to diversify the regional economy and its assistance of Aboriginal businesses to support economic development.
590335 B.C. Ltd. Operating as Regal Ridge, Osoyoos - Financing May 2009
Regal Ridge is a world-class acreage development, unique in design and originality, unprecedented in size. Overlooking the southern-most part of British Columbia’s Okanagan Valley half of its 8000 acres is dedicated as a conservation area. The remaining land is laid out in clusters of 3-acre lots that combine privacy, natural surroundings and unique vistas. Regal Ridge has been meticulously planned to preserve the integrity of the natural environment, yet provide building sites that take full advantage of the spectacular panoramic views. Special attention has been given to preserving wildlife trees and ponds, and providing additional eco-attractions. This unprecedented dedication of approximately 3,000 acres as a conservation area and wildlife corridor means that the unique natural beauty of the area will remain for generations.
As designed this project will restore/create a healthy ecosystem and carbon sink on degraded forest lands on Anarchist Mountain surrounding the Regal Ridge community through a forestation. The project involves planting a mix of tree species as well as local shrubs and under story plants. This will supplement the existing natural regeneration, but in a much more evenly distributed fashion, and will bias the species mix toward a more ecologically appropriate and robust configuration.
Signalink Technologies Inc., Kelowna – Financing May 2009
Signalink is an innovative power line communications company presently focused on the Fire Protection, Security and Medical Alert industries. Signals are sent over the power line, with or without AC power on. The company’s core platform will be used to deploy their launch product called FIRE-LINK®, which is a supplemental fire signalling system targeting multi-tenant residential buildings.
Signalink designs, manufactures and sells networking technology that uses a building’s existing electrical wiring as their backbone. The products solve the lack of communication typical in buildings that prevent them from implementing energy management and modernizing infrastructure. Applications include fire detection and alarms, HVAC controls, lighting controls, presence detection, security monitoring and medical device monitoring.
Signalink’s true differentiator lies not in a particular product but in the comprehensive platform that delivers control of a building’s core infrastructure and systems. This cohesive platform allows the company to “capture” an entire building and sell a full range of products with minimal incremental cost to the building owner beyond new hardware. By partnering with key service providers, energy management in the building can be extended to grid based Demand/Response to reach loads never before accessible in more than 8 million buildings. This many buildings reducing energy by up to 30% means millions of tons of green house gases never get produced and the buildings save on energy cost and even get paid to shed load during peak demand.
Pryme Group Imagery Inc., Kelowna - Financing April 2009
Pryme Group Imagery Inc. manufactures and distributes canvas giclée artwork reproductions for the fine art and memorabilia industries. By definition giclée, a term coined in the 1990’s, refers to the process of making fine art prints from a digital source using ink-jet printing. Canvas giclée is used in the fine art industry to create additional revenue by reproducing successful original works and marketing them in limited editions.
Pryme Group Imagery Inc describes itself as a profitable, growing company with cutting-edge proprietary image processes; a building collection of original artworks; a growing and established position in memorabilia sales; substantive technical expertise; and experienced.
Friends of Fort Steele Society, Cranbrook - Grant $20,000
This project provided funding to develop a Heritage Trades Cooperative for 4 trade areas – Blacksmith, Harness Maker, Tinsmith and Textile production and create a Marketing Cooperative to market and sell authentic heritage and contemporary wares both on-site and on-line. Marketing costs include set-up and construction of a Fort Steele On-line Product catalogue for on-line sales. Renovation of 2 buildings on site to accommodate heritage trades production/retail/rental shops and an ice-cream parlour/soda shop was also included.
The Shuswap Hut & Trail Alliance (SHTA), Shuswap – Grant $150,000
The vision of SHTA is to develop a regional trail network of lasting ecological, social and local economic value. It is also a vision of growing trail-minded communities committed to active lifestyles through transportation, recreation, and business. The Alliance recognizes that the health of the natural ecology of the region serves as the foundation for a thriving community both socially and economically; and that the proposed trail will contribute to the sustainability of the natural ecology through enhancing human understanding and appreciation of the environment. This in turn creates a new foundation from which to generate both social and economic activity. The trail network builds on existing recreational amenities that attract people to live and/or vacation in the Shuswap area; and thereby contributes to ongoing social and economic diversification important to sustaining local communities.
West Kootenay Herb Growers Co-operative, Edgewood – Grant $13,555
This project provided funding for the purchase and modification of 2 portable cabinet dryer units and renovation of an existing structure to house an existing cabinet dryer, botanical herb processing activities and materials and inventory storage. The West Kootenay Herb Growers Co-operative (WKGHC) entered into an agreement to provide dried/processed herbs to a Natural Health Product Manufacturer. The WKHGC strives to provide the highest quality, naturally grown herbs possible. Being able to dry the herbs quickly and efficiently is key to this concept. The WKHGC represents growers from the Arrow Lakes area (Edgewood, Fauquier, Nakusp) and the Slocan Valley/South Slocan areas (Slocan, Slocan Park, Vallican, and Nelson, Creston).
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