Funding Portal & BizPaL
New interactive tools assist Richmond businesses
Two new web-based tools are now available through the City of Richmond’s dedicated business information portal, businessinrichmond.ca. The tools provide assistance with accessing funding sources and navigating required permits and licenses, both common inquiries received from businesses who are establishing or expanding in Richmond.
The Funding Portal
allows businesses to search a comprehensive database of over 7,000 sources of private financing and public funding in Canada. BizPaL
generates a list of required permits and licenses from all levels of government, in one place.
Both BizPaL and the Funding Portal are interactive and customized based on individual business requirements. They join the existing business services offered by the City of Richmond including Space List
, a commercial real estate leasing inventory, and the Data Centre
, a display of up-to-date, downloadable local economic data. For questions about these or other services available, visit the Services
page, or email
Warren Jestin to Richmond Business
Economic uncertainty won't stop business growth
While Canada's economy can expect modest growth next year, its long-term prospects remain strong thanks to "tremendous opportunities" in the world's developing markets, according to Scotiabank chief economist Warren Jestin. As a gateway to the Pacific Rim, he said Richmond and BC are well positioned to capitalize on those opportunities.
Jestin told a Richmond business audience October 9 that the bank maintains a positive outlook in general for the global economy, despite the angst being created by the partial shutdown of the US government and fears of an impending default on its debt.
"The US is not going to default on its debt," Jestin boldly predicted. "We will see an end to the political theatre in the next couple of weeks."
Jestin maintained the US economy is enjoying a solid rebound and there's too much at stake for warring political factions to allow the government to default on its debt. Jestin was one of two guest speakers who addressed an exclusive audience of Richmond business leaders at the City of Richmond's second annual Business and Partner Appreciation event.
Read the full press release
Lower Mainland Cities Cut Red Tape
Six municipalities partner to launch mobile business licence
Doing business in the Lower Mainland just got easier, thanks to the new Metro-West Inter-municipal Business Licence agreement.
The six participating municipalities - City of Burnaby, Corporation of Delta, City of New Westminster, City of Richmond, City of Surrey, and City of Vancouver - have worked together to adopt a common bylaw allowing businesses to purchase an Inter-municipal Business Licence (IMBL), also referred to as a Mobile Business Licence (MBL), for specified trades.
The Inter-municipal Business Licence reduces red tape by allowing mobile businesses to operate in more than one municipality by purchasing only one licence, rather than obtaining non-resident licences in each municipality in which they operate.
Read the full press release