Loss of city grant forces Downtown Nanaimo BIA into emergency strategizing
NANAIMO — Downtown Nanaimo’s Business Improvement Association has some tough days ahead.
According to DNBIA board president John Cooper, the matching grant of $250,000 from the city has been withdrawn after 16 years, forcing them to cut 50 per cent of their staff and significantly alter their strategic plan.
This came after a core review of the city in summer 2016 recommended discontinuing the main grant and instead focus on event and initiative specific grants.
Cooper told NanaimoNewsNOW he and other members of the association weren’t surprised by the recommendation from the core review, but were surprised at the timing of the city’s decision.