Frank Parnell, the CEO of TRICORP, and Brent Mainprize, the ACE program director, announced the program will receive $1 million from BMO Financial Group. (UVic Photo Services)

$1 million to expand Indigenous entrepreneur program

Aboriginal Canadian Entrepreneurs Program, dreamed up in northwest B.C., to grow nationally

This month alone, 22 students in northwest B.C. will be graduating from the Northwest Aboriginal Canadian Entrepreneurs Program (ACE) — a program that recently received $1 million to expand nationwide.

It’s the first time the six-month program has been offered in the Nass, where 19 students have taken classes on topics ranging from law and marketing to organizational behaviour and then mentored by an expert in their business field. For the 13 students from Terrace, it’s the second time ACE has been offered in their city.

“We’ve offered it in Prince Rupert I can’t even remember how many time now,” said Cory Stephens, the program manager in the northwest.

After five years, the program has 275 graduates from 26 Indigenous communities in B.C. Approximately 72 businesses have been started by people who have graduated from regional ACE programs.

“It’s not only an entrepreneurship program. It really changes the way graduates visualize and see opportunity,” Stephens said. “It positively affects our graduates in all aspects of their lives once they move forward. A very common thing our students say once they’ve completed the program is they see the world in a different way.”

READ MORE: Six Rupertites awarded Irving K. Barber Aboriginal scholarships

On April 3, University of Victoria announced BMO Financial Group is giving the ACE Program $1 million to expand.

One of the first additions will be the ACE Artists program in Victoria, which will be launched within the month. Expansions are in the works for northern B.C., such as in Bella Bella, and across Canada.

Stephens said there will be a strong focus on the north, specifically, “because that’s where the program started and where we’ve been the strongest.”

Dreamed up by Frank Parnell, the CEO of the Tribal Resources Investment Corporation (TRICORP), the program is designed to bring university-level education to the north with professors from the University of Victoria’s Gustavson School of Business.

Business plan writing coaches and mentors from the north, Stephens said, offer vital local knowledge of what it takes to run a successful business in the north.

Stephens will soon begin recruiting for the next session of the program, starting mid-May in Prince Rupert. Interested people can apply at www.iamace.ca.

READ MORE: Indigenous stewards of the land, river and sea



keili.bartlett@thenorthernview.com

Like us on Facebook and follow us on Twitter

Just Posted

Glimpses of our past for Feb. 20

125 Years Ago: Kootenay Star, Feb. 24, 1894 A concert entertainment was… Continue reading

Stoked on Science: Deep in the Polar Vortex

Jade Harvey Special to the Review Sounds like science fiction doesn’t it?… Continue reading

Upcoming Revelstoke community events for Feb. 20-27

To have your event featured in this story submit the details to… Continue reading

Steski: NDP supports nation-wide pharmacare system

Earlier this month, the federal NDP began to outline their plan to… Continue reading

Family Day move a welcome change: poll

Okanagan readers voted that the new date for Family Day in B.C. is a positive change

Trudeau’s principal secretary, Gerald Butts, resigns amid SNC-Lavalin furor

Butts categorically denies the accusation that he or anyone else in the PMO improperly pressured former attorney general Jody Wilson-Raybould

B.C. father and sons launch new trunk-sharing system, ‘Trunkit’

Smiths say peer-to-peer shipping service offers an affordable, green alternative

Lost a ring? This B.C. man will find it for you

Chris Turner founded The Ring Finders, an international directory of metal detector hobbyists

Salmon Arm’s Laura Hall on bronze-winning skating squad

Hall’s team placed third in long track team pursuit at the Canada Winter Games

Poverty coalition has high hopes for B.C. poverty reduction strategy

Funding allocation expected to be released with 2019 budget

‘How did we get here?’: B.C. mom of transplant recipient worries about measles outbreaks

Addison, 7, cannot get a live vaccine because she has a heart transplant

Review: Joie de Vivre a celebration of homegrown talent

The Okanagan Symphony Orchestra concert featured Ernst Schneider

NDP Leader Jagmeet Singh calls for public inquiry over SNC-Lavalin questions

Vancouver member of Parliament Jody Wilson-Raybould resigned from cabinet last week

Canadian airlines waiting for guidance from Ottawa over X gender option

Major U.S. airlines said they will change their process so passengers can identify themselves along non-binary lines

Most Read