The C$52,500 investment will fund Initiatives Prince George, a municipal development corporation, in its efforts to promote the Northern Bioenergy Partnership, the Prince George Citizen newspaper reports.
The Partnership, which encompasses government, industry, local communities, and the University of Northern B.C., will attempt to attract further bioenergy investment to the region and establish a research institute at the university.
"This partnership further establishes Prince George as a bioenergy leader in British Columba," said Blair Lekstrom, Canada’s Minister of Energy, Mines and Petroleum Resources.
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