CanNor Jobs and Growth Fund — Indigenous stream
At a glance
- 100% of project cost
- Open Date : July 21, 2021
- All industries
- Canadian Northern Economic Development Agency
- Government of Canada
Overview
Eligibility criteria
The Jobs and Growth Fund provides funding to businesses and organizations to help create jobs and position local economies for long-term growth. Eligible applicants include businesses, not-for-profit organizations, community economic development partners, and Indigenous-led organizations. Eligible activities focus on supporting the transition to a green economy, fostering an inclusive recovery, future-proofing SMEs through digital adoption, and strengthening capacity in critical sectors. Assistance available includes interest-free repayable contributions for businesses and non-repayable contributions for not-for-profit organizations.
- Businesses, including co-operatives
- Not-for-profit organizations and community economic development partners
- Indigenous applicants including Indigenous-led organizations and/or businesses
- Activities supporting the transition to a green economy
- Activities fostering an inclusive recovery
- Activities preserving Canada's competitiveness and future-proofing SMEs through digital adoption
- Activities strengthening capacity in critical sectors
Who is eligible
The eligible types of companies for the Jobs and Growth Fund grant include businesses, including co-operatives, and not-for-profit organizations and community economic development partners. Indigenous-led organizations and/or businesses are also strongly encouraged to apply.
- Businesses, including co-operatives
- Not-for-profit organizations and community economic development partners
- Indigenous applicants
Eligible expenses
Eligible expenses for the Jobs and Growth Fund grant include costs related to activities that support the transition to a green economy, foster an inclusive recovery, preserve Canada's competitiveness through digital adoption, and strengthen capacity in critical sectors. Some eligible expenses may include:
- Development and adoption of clean technology
- Planning and driving clean, sustainable economic growth
- Support for underrepresented groups in businesses
- Digital and technological solutions to increase productivity
- Market expansion activities in traditional or emerging sectors
- Supply chain adaptation and diversification opportunities
Eligible projects & activities
The Jobs and Growth Fund supports projects and activities that transition to a green economy, foster an inclusive recovery, preserve competitiveness, and strengthen critical sectors. Eligible projects include those that develop clean technology, promote business productivity through digital adoption, and support supply chain diversification.
- Support the development and adoption of clean technology.
- Help communities and businesses plan and drive sustainable economic growth.
- Partner with organizations to develop green regional clusters.
- Support businesses owned or led by underrepresented groups.
- Invest in technologies to enhance business capabilities.
- Support scale-up and market expansion activities in critical sectors.
Evaluation & selection criteria
There are evaluation and selection criteria for the Jobs and Growth Fund grant:
- Applications will be assessed based on their ability to create jobs, drive economic growth, support the transition to a green economy, foster inclusivity, enhance competitiveness, and strengthen critical sectors.
- Eligible projects must align with the fund's objectives and demonstrate a clear plan for implementation and impact.
How to apply
- Step 1: Review the eligibility criteria and ensure that your business or organization qualifies for the Jobs and Growth Fund grant.
- Step 2: Prepare a detailed project proposal outlining how your project supports the objectives of the grant, such as transitioning to a green economy, fostering an inclusive recovery, preserving Canada's competitiveness, or strengthening capacity in critical sectors.
- Step 3: Gather all necessary supporting documentation, including financial statements, business plans, and information about the expected outcomes of the project.
- Step 4: Submit your application online through the designated portal or by email to Operations@cannor.gc.ca, indicating your interest in the Jobs and Growth Fund grant.
- Step 5: Await the review process by Canada's regional development agencies, which may involve further inquiries or clarifications regarding your project proposal.
- Step 6: Upon approval, work closely with the agency to implement the project, ensuring compliance with funding requirements and reporting obligations.
Jobs and Growth Fund Summary
The Jobs and Growth Fund is a government initiative in Canada that provides financial support to businesses, not-for-profit organizations, and Indigenous-led entities to create jobs, foster long-term economic growth, and transition to a green economy. The fund offers repayable and non-repayable contributions to eligible applicants for activities that promote clean technology adoption, inclusive recovery, digital adoption, and sector capacity strengthening.
Jobs and Growth Fund Detailed Explanation
The Jobs and Growth Fund is a program aimed at supporting businesses, not-for-profit organizations, and Indigenous-led entities in Canada to stimulate job creation and drive economic growth. With a national budget of $700 million over three years, administered through regional development agencies, the fund prioritizes projects that align with the transition to a green economy, inclusive recovery, digital adoption, and sector capacity building.
Eligible applicants for the Jobs and Growth Fund include businesses, co-operatives, not-for-profit organizations, community economic development partners, and Indigenous-led organizations. Indigenous applicants are strongly encouraged to apply, with the possibility of receiving up to 100 percent of eligible project costs covered by the regional development agencies.
The fund supports various activities that contribute to the transition to a green economy, such as developing and adopting clean technology, fostering sustainable economic growth, catalyzing the formation of green regional clusters, and aiding businesses in transitioning to environmentally friendly practices.
Another key focus area of the Jobs and Growth Fund is promoting inclusive recovery by supporting businesses led by underrepresented groups like Indigenous peoples, members of racialized communities, women, youth, LGBTQ2 individuals, persons with disabilities, newcomers to Canada, and official language minority community members. Efforts to increase the participation of these groups in the economy through funding, business services, training, and resource access are encouraged.
Furthermore, the fund aims to enhance Canada's competitiveness and future-proof small and medium-sized enterprises (SMEs) through digital adoption. This involves supporting the development and adoption of digital and technological solutions, investing in technologies to scale businesses and increase resilience, and promoting Industry 4.0 solutions to boost productivity.
Additionally, the Jobs and Growth Fund facilitates capacity building in sectors critical to Canada's recovery and growth. This includes supporting activities to scale up and expand markets in traditional areas of strength, developing emerging areas of global competitive advantage, and fostering supply chain adaptation and diversification in sectors such as food production, medical supplies, and biomanufacturing.
Eligible businesses may receive interest-free repayable contributions covering up to 50 percent of eligible costs, while eligible not-for-profit organizations could receive non-repayable contributions for up to 90 percent of eligible expenses. Applications for the Jobs and Growth Fund are accepted on a continuous intake basis until the allocated funding is fully utilized.
For more information about the Jobs and Growth Fund or to apply for funding, interested parties can contact Operations@cannor.gc.ca or reach out to any of the regional offices associated with the program.
