Coast Funds Economic Development Fund BC Canada

Coast Funds Economic Development Fund

BC, Canada
Fund for environmental and sustainable economic development activities in Great Bear Rainforest and Haida Gwaii
grant_single_labels|summary
grant_single_labels|preview
grant_single_labels|projects
grant_single_labels|admissibility
grant_single_labels|criteria
grant_single_labels|register
grant_single_labels|otherInfo
grant_single_labels|contact

grant_single_labels|summary

grant_single|eligibleFinancing
  • grant_single|noCondition
grant_single|deadlines
  • grant_single|openingDateJuly 09, 2024
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
  • Agriculture, forestry, fishing and hunting
  • Mining, quarrying, and oil and gas extraction
  • Utilities
  • Construction
  • Transportation and warehousing
  • Information and cultural industries
  • Arts, entertainment and recreation
grant_single|grantors
  • Coast Funds
grant_single|status
grant_card_status|open

grant_single_labels|preview

Economic development fund for participating First Nations for projects that have positive direct or indirect environmental or social impacts.

grant_single_labels|projects

This grant is available to projects in the Great Bear Rainforest and Haida Gwaii, as these areas are part of the eligible geographical zones for funding. The support targets economic development commensurate with the ecological sustainable initiatives within these regions.
  • Great Bear Rainforest
  • Haida Gwaii
grant_single|admissibleProjectsExample

$160,000

Develop eco-friendly tourist trails to promote sustainable tourism and cultural appreciation

$144,000

Implement a digital archive project to preserve and share Indigenous oral histories

$200,000

Renovate a historical building to create a community hub for cultural exchange and learning

$120,000

Create a cultural center that will support cultural revitalization initiatives and community events

$80,000

Offer training programs in traditional crafts to empower community members with valuable skills

grant_single_labels|admissibility

Eligibility for this grant is determined by specific requirements related to the applicant's profile.
  • The applicant must be a Participating First Nation, as specified in Schedule G of the Conservation Investments and Incentives Agreement, represented by the authorized governing body.
  • An entity fully or partially owned or controlled by a Participating First Nation with a supporting resolution for the application is eligible.
  • Individual members of a Participating First Nation or businesses owned by such individuals, with a resolution supporting the application, are eligible.

grant_eligibility_criteria|who_can_apply

Eligible applicants include:- A Participating First Nation, represented by its authorized governing body, which is one of the 27 First Nations or 3 Regional Organizations specified in Schedule G of the Conservation Investments and Incentives Agreement.- Any entity fully or partially owned or controlled by a Participating First Nation with a supporting resolution for a complete funding application.- An individual member of a Participating First Nation or a business owned by such an individual with a supporting resolution for a complete funding application.

grant_eligibility_criteria|who_cannot_apply

This grant excludes certain companies and activities that do not align with sustainable and ecosystem-based management objectives. Restrictions are in place to ensure the funds support environmentally sound development activities.
  • Activities inconsistent with ecosystem-based management objectives.
  • Open net-cage finfish aquaculture.
  • Activities or expenditures not consistent with provincial regulations or policies.
  • Large scale extraction of subsurface resources.
  • Trophy hunting and hunting of bears or carnivores.
  • Healthcare, social services, housing, or community centres not related to eligible economic activities.
  • Community beautification projects unrelated to eligible economic activities.
  • Bridges, roads, water, or sewer projects unless directly related to eligible economic activities.
  • Cultural spaces unless part of a comprehensive tourism marketing plan.
  • Activities that are not considered sustainable, particularly concerning fish and wildlife stocks in the Project Area.

grant_eligibility_criteria|eligible_expenses

This grant supports environmentally sound and sustainable economic development initiatives. The eligible projects aim to create positive environmental or social impacts within the Great Bear Rainforest and Haida Gwaii.
  • Shellfish aquaculture initiatives.
  • Fisheries projects that adhere to sustainable practices.
  • Technology and communications infrastructure development, such as broadband internet.
  • Wildlife viewing operations.
  • Production and development of nutraceuticals.
  • Mushroom harvesting ventures.
  • Non-timber forest product enterprises.
  • Tourism projects, including cruises, trails, and cultural/marketing infrastructure.
  • Ecosystem-based management compliant forestry operations.
  • Non-nuclear and non-carbon burning energy projects.
  • Green building initiatives.
  • Small scale, non-toxic, subsurface rock, mineral, or gem extraction activities.
  • Establishment of economic development capital corporations.
  • Transportation infrastructure projects such as airports, wharves, and marinas.
  • Small business infrastructure development like retail market spaces and business incubators.
  • Other supportive infrastructure projects connected to the eligible activities listed above.

grant_eligibility_criteria|zone

The grant covers expenses for activities and infrastructure projects that support environmentally sound and sustainable economic development in designated areas.
  • Shellfish aquaculture project costs.
  • Fisheries development expenses.
  • Technology and communications infrastructure costs, including broadband internet.
  • Wildlife viewing business expenses.
  • Nutraceuticals production costs.
  • Mushroom harvesting expenses.
  • Non-timber forest product development costs.
  • Tourism-related expenses, including cruises, trails, and strategic cultural/marketing infrastructure.
  • Compliance with ecosystem-based management in forestry operations.
  • Alternative energy projects (excluding nuclear and carbon burning).
  • Green building project costs.
  • Small scale, non-toxic subsurface resource extraction project costs.
  • Economic development capital corporation expenses that align with fund standards.
  • Transportation infrastructure expenses such as airports, wharves, marinas.
  • Small business infrastructure costs like retail market space and artisan incubator facilities.
  • Other supporting infrastructure for eligible projects.

grant_single_labels|criteria

There are evaluation and selection criteria for this grant. The criteria include:
  • Alignment with the organization's goals and objectives
  • Demonstrated impact on economic development
  • Feasibility and sustainability of the proposed initiative
  • Evidence of community benefit and support
  • Ability to measure and report on outcomes

grant_single_labels|register

Here are the steps to submit an application for this grant:
  • Step 1: Determine Eligibility
    • Verify if your project or business is eligible under the specified categories such as shellfish aquaculture, technology infrastructure, tourism, etc.
    • Ensure the application meets the fund's criteria for environmentally sound and sustainable economic development activities.
  • Step 2: Obtain Required Documents
    • Gather any necessary resolutions from the Participating First Nation supporting the complete funding application.
    • For infrastructure projects, compile a business plan or summary analysis of economic benefits, a capital expenditure budget, and a multi-year O&M budget.
  • Step 3: Prepare Application
    • Draft a comprehensive funding application including project details, objectives, and expected impacts.
    • Attach all supporting documents related to the project.
  • Step 4: Submit Application
    • Complete the application submission process as described by the fund provider.
    • Contact Patricia Sayer for clarification on the submission process if needed.

grant_single_labels|otherInfo

Here are additional relevant details for this grant:
  • The grant is designed to support activities in the Great Bear Rainforest and Haida Gwaii, aligning with sustainable practices and preserving local ecosystems.
  • Infrastructure project applications must include detailed financial documentation, such as a capital expenditure budget and multi-year operating and maintenance budget, ensuring financial feasibility.
  • Activities promoting governmental or private funder entities, or inconsistent with ecosystem management, are not eligible, emphasizing the eco-centric focus of the fund.
  • Support is not granted for obligations typically managed by provincial or federal governments, indicating the fund's focus on empowering community-led initiatives rather than governmental functions.
  • Applicants should ensure proposed projects comply with all relevant provincial laws and regulations, underscoring legal compliance as a grant precondition.

grant_single_labels|contact

patricia@coastfunds.ca
604-684-0223

Apply to this program