Oct 18, 2019 Return to Headlines

Coquitlam Celebrates Growth of Small Businesses

by Sarah Rossi |

COQUITLAM, B.C., Oct.18, 2019 – Coquitlam is celebrating the contributions of its small business community during Small Business Week from Sunday, Oct. 20 to Saturday, Oct. 26.

With nearly 7,000 licensed businesses, Coquitlam’s economy continues to grow and thrive. All local businesses, and the community at large, are invited to join us in celebrating those businesses at the Tri-Cities Chamber of Commerce Business Showcase. The trade show, sponsored in part by the City of Coquitlam, will take place on Thursday, Oct. 24, 3-7 p.m., at the Hard Rock Casino Vancouver. Businesses will have the opportunity to promote their products or services, discover new businesses and connect with hundreds of others in the community. Find out more at www.tricitieschamber.com.

How the City Can Help Your Business

The City is committed to creating an environment that enhances business success. The following are a few initiatives Coquitlam offers to assist businesses:

Starting a Business: Access more information to help you get started at www.coquitlam.ca/business.

Business LinQ: Drop in to this free, award-winning resource centre at City Hall to learn about starting a business in Coquitlam, permitting and regulatory processes and programs that support business. For more information, visit www.coquitlam.ca/businesslinQ.

QNet: The City’s fibre optic network offers businesses access to affordable, high-speed internet that provides faster downloads, smoother video streaming, HD videoconferencing and much more. Visit www.qnetbc.net to learn more.

Coquitlam Business Connects: Take advantage of services provided by the City’s Economic Development team, such as assisting with site searches, providing local business contacts, and supplying statistics and market research via our new online Economic Development Tool, www.coquitlam.ca/ecdevstats.

Fast Track Commercial Tenant Improvement Process: Are you interested in improving your commercial or retail space? Talk to the City about the possibility of using this fast-track approval process www.coquitlam.ca/buildingpermits.

One-Stop Film Office: This dedicated, one-stop film office provides information about locations, rates and permitting. Find out more at www.coquitlam.ca/filming.

New Tourism Website: If your business is a place where people can eat, play, drink or sleep, go to www.visitcoquitlam.ca to learn more about profiling your local business.

Small Business Facts

  • Small business makes up 98 per cent of all businesses in B.C. A total of 83 per cent of small businesses are micro businesses, with fewer than five employees. Source: BC Stats: Small Business Profile 2018
  • Coquitlam’s business licences increased four per cent from 6,736 in 2017 to 6,999 in 2018.
  • 284,000 square feet of new industrial, commercial and institutional space was added in Coquitlam in 2018.
  • Coquitlam ranked 11th in BC Business magazine’s 2019 Best Cities for Work Survey.
  • Coquitlam also ranked fifth in the Canadian Federation of Independent Business (CFIB) 2018 survey of B.C.’s biggest cities for ease of opening a small business.
  • Coquitlam’s business resource centre, Business LinQ, received the BC Economic Development Association’s (BCEDA) 2018 Community Project Award.

About the Economic Development Office

Coquitlam’s Economic Development Office, which includes the Tourism and Film programs, is responsible for delivering Coquitlam’s Economic Action Plan, as well as the Film, Tourism, and Technology strategies for the City. The Economic Development team works closely with the local business community and various partners to increase local employment opportunities, market the City, and attract investors, film productions and tourists to Coquitlam. Find out more at www.coquitlam.ca/economicdevelopment.

Media contact:

David Munro
Manager of Economic Development, City of Coquitlam