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Community Investment Fund - NB - Canada

Community Investment Fund

Last Update: July 22, 2025
NB, Canada
Support for NB non-profits

At a glance

Eligible Funding
  • From $500 to $65,000
  • Up to 75% of project cost
Timeline
  • Open Date : July 9, 2024
  • Closing date : July 9, 2024
Financing Type
Grant and Funding
Eligible Industries
  • All industries
Funds Providers
Unspecified
Program status
Closed

Overview

Get a non-repayable contribution to cover eligible costs of community initiatives such as festivals, national events, volunteer recognition events, and community growth initiatives.

Activities funded

Examples of admissible projects:
$ 25,000
Creating a community garden in downtown Halifax for urban beautification
$ 20,000
Upgrading community kitchen facilities with energy-efficient appliances
$ 10,000
Organizing an annual volunteer recognition event
$ 35,000
Beach restoration and beautification project
$ 45,000
Community hall accessibility upgrade
$ 40,000
Organizing a summer festival featuring local artists and vendors

Eligibility

Eligibility for this grant is determined by specific criteria set by the Regional Development Corporation of New Brunswick.
  • The applicant must be a legal entity such as a business, non-profit organization, or cooperative registered in New Brunswick.
  • The applicant must demonstrate a tangible impact on regional economic development such as job creation or business growth.
  • The project must align with the strategic priorities and economic goals of the New Brunswick government.
  • The applicant must prove the financial and operational capability to execute the proposed project successfully.
  • Applications must include a detailed project plan with clear objectives, timelines, and outcomes.

Who is not eligible

Certain types of companies are not eligible for this grant. The following list includes the ineligible companies and organizational activities.
  • Commercial or for-profit companies
  • Organizations with ongoing operating costs including wages and salaries
  • Fundraising campaign organizations
  • Organizations aiming to cover deficits or retire debts
  • Organizations looking to increase endowment funds
  • Organizations with activities serving primarily religious or political purposes
  • Individual applicants
  • Organizations involved in tours or travel outside New Brunswick
  • Organizations that have not completed terms of previous contributions
  • Organizations looking to cover costs of land or related interests
  • Organizations seeking to cover the cost of uniforms or licensed vehicles
  • Organizations requiring firefighting equipment
  • Organizations seeking sponsorship requests
  • Organizations covering travel costs

Eligible expenses

This grant supports initiatives that aim to bolster regional development and economic growth within the province of New Brunswick. Eligible projects focus on enhancing community infrastructure, boosting entrepreneurial activities, and fostering innovation in various sectors.
  • Development and revitalization of community infrastructure projects.
  • Support for business expansion and entrepreneurial ventures.
  • Initiatives aimed at workforce development and training.
  • Projects promoting environmental sustainability and resilience.
  • Research and development activities to drive innovation and competitiveness.
  • Cultural and tourism initiatives that enhance local attractions and experiences.

Eligible geographic areas

This grant is available to companies located in specific geographical areas determined by the Government of New Brunswick's Regional Development Corporation. These areas are defined to support local economic growth initiatives.
  • Businesses located within the Province of New Brunswick.

Selection criteria

Yes, there are evaluation and selection criteria for this grant. The proposals must meet eligibility requirements, demonstrate alignment with program objectives, and not be eligible for other provincial funding, except for SEED funding for students.
  • Meet the eligibility requirements
  • Demonstrate that the project is directly linked to one of the Program’s objectives
  • Not be eligible to receive any other funding from the Province (except SEED funding for students)

How to apply

1

Identify Project Eligibility

  • Review the CIF guidelines to ensure your project aligns with one of the funding categories: Community Growth Initiatives, Community Events & Festivals, or Indigenous-led Community Events.
  • Ensure the project is not eligible for other provincial funding programs and falls under the objectives of CIF.
2

Prepare Application Documents

  • Gather necessary documents and information, such as a detailed project description, budget, program of activities for events, and any other required paperwork.
  • Ensure you have proof of non-profit or charitable incorporation, if applicable.
3

Submit Application

Submit the completed application with all required documents to the Regional Development Corporation (RDC) according to the specified procedures.
4

RDC Evaluation

  • RDC officers will review your application, consult with line departments if needed, and ensure it meets all eligibility requirements.
  • Your local MLA will be consulted to help identify funding priorities.
5

Funding Approval

The President of the RDC will approve funding for projects based on merit and consultation with the local MLA.
6

Reporting

  • Submit a final activity report, financial report, and any supporting documentation, such as invoices and proof of payments, after the project or event completion.
  • Ensure all payments come from the applicant and cash transactions are not accepted.

Additional information

The grant includes procedures for reporting requirements and management responsibilities.
  • Supporting documentation required includes final activity report, financial report, audited financial statements, invoices and proof of payments, legal agreements, and any other necessary documentation.
  • The Regional Development Corporation manages the CIF, handling application reception, assessment, and evaluation.
  • The President of the Regional Development Corporation has the authority to approve funding for projects.
  • The local MLA is consulted to identify funding priorities for their riding during the evaluation process, although projects can be approved based on merit if the MLA does not respond in a timely manner.
Apply to this program

Frequently Asked Questions about the Community Investment Fund Program

Here are answers to the most common questions about the Community Investment Fund. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.

What is the Community Investment Fund?

How much funding can be received?

What is the deadline to apply?

Is the Community Investment Fund a grant, loan, or tax credit?

Who are the financial supporters of the Community Investment Fund?

Who is eligible for the Community Investment Fund program?

Who can I contact for more information about the Community Investment Fund?

Where is the Community Investment Fund available?

Apply to this program

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