The Penticton Indian Band Development Corporation (PIBDC), is a for-profit Corporation, incorporated under the provisions of the British Columbia Companies Act in 2007, owned by the Penticton Indian Band.
- PIBDC is the principle economic development, marketing and promotional organization for the Penticton Indian Band.
- PIBDC is the Business Investment Vehicle for the Penticton Indian Band.
- PIBDC pursues business joint ventures and investment opportunities on behalf of Penticton Indian Band community and stakeholders, that meet the established Investment Criteria developed by PIBDC.
Just "OUR" Beginning:
- 2007 formation of the PIB Development Corporation with 2 exclusively owned limited partnership companies
- 2008 historic utility servicing agreement with City of Penticton
- 2008 formation of the land taxation authority
- 2009 pre engineering proposal for new road, utilities and bridge to service IR#1 lands
- 2009 ground breaking $10 Million community school
- Application for self administration of all Band lands
- 2010 starting construction for a $8Million Sockeye Salmon Hatchery and office building
- 2010 development of a new residential subdivision and business park for IR#2
- 2010 plans for 500 acres new village community incorporating a championship golf course, residential neighbourhoods, boutique hotel/resort and spa