The SIDIT Board of Directors and members from the two Regional Advisory Committees met in January 2007 to develop an initial three-year strategic plan designed to guide the Southern Interior Development initiative Trust in its first year of operations.  The Fiscal 2012- 2014 Strategic Plan represents an amended version of the original Strategic Plan as SIDIT prepares to move into its sixth year of operations.  Pursuant to the Act, the Board must approve the revised Strategic Plan before the first day of each fiscal year.  SIDIT’s 2012 fiscal year runs from April 1, 2011 to March 31, 2012.  The Southern Interior Development Initiative Trust (SIDIT) Board of Directors adopted its 2012 – 2014 Strategic Plan on March 11, 2011.

SIDIT’s funding programs are specifically targeted toward investments in self sustaining projects that support the ten mandated themes as defined in legislation.  Performance measures include job creation, retention and enhancement, increased revenues, increased tax base and economic diversification to the Southern Interior area of British Columbia. 

SIDIT fiscal 2012 disbursement target is the return of principal, interest and investment gains on the loan, equity and market investment portfolio less operating costs plus any unallocated funds carried over from previous fiscals.  Based on projected returns from market investments and return of principal and investment gains on project funding, it is anticipated a continuous lending stream will be created and an endowment will be established. 

View Strategic Plan (PDF file)