Economic Development Fund — Tier 2 YT Canada

Economic Development Fund — Tier 2

YT, Canada
Funding for medium-sized business projects in Yukon
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grant_single|eligibleFinancing
  • grant_single|maxCount
  • grant_single|projectCostPercent
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  • grant_single|timelineUnspecified
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Grant and Funding
grant_single|eligibleIndustries
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grant_single|grantors
  • Department of Economic Development (YK)
  • Government of Yukon
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grant_card_status|open

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Get financial assistance between $30,001 and $100,000 to cover up to 75% of eligible project costs and 50% of capital expenses for a development project that provides long-term, sustainable economic benefits to Yukoners and Yukon communities.

grant_single_labels|projects

There are eligible activities for this grant, including business plans, market research, marketing plans, organizational capacity development, and professional development workshops on business topics.
  • Business plans
  • Market research
  • Marketing plans
  • Organization and promotion of marketing and investment events
  • Organizational capacity development
  • Participation in trade and investment events
  • Post-project analysis and support
  • Professional development workshops on business topics
grant_single|admissibleProjectsExample

$37,500

Dawson City
Organizing a professional development workshop series for local entrepreneurs

$41,250

Whitehorse
Establishing a marketing plan to attract investment for a tech startup

$37,500

Haines Junction
Creating promotional materials for expanding a local artist’s market

$56,250

Whitehorse
Developing a comprehensive business plan for expanding market reach

$37,500

Watson Lake
Conducting market research and analysis for a new sustainable product line

$37,500

Whitehorse
Participating in an international trade event to boost local products

grant_single_labels|admissibility

The Economic Development Fund supports projects and initiatives that provide long-term, sustainable economic benefits to Yukoners and Yukon communities. Eligible applicants include Yukon businesses, Yukon First Nation governments, municipal governments, community societies, industry associations, and not-for-profit corporations.
  • A Yukon business must meet 3 of the following conditions: have a physical address in Yukon, be subject to the Yukon Income Tax Act, be registered under the Business Corporations Act, or have a valid municipal business license.
  • Eligible applicants also include Yukon First Nation governments, development entities, municipal governments, community societies, industry associations, and not-for-profit corporations incorporated under the Canada Not-for-profit Corporations Act.

grant_eligibility_criteria|who_can_apply

Eligible types of companies for the Economic Development Fund grant in Yukon include Yukon-based businesses, Yukon First Nation governments and development entities, Yukon municipal governments, community societies, industry associations, and non-profit corporations incorporated under the Canada Not-for-profit Corporations Act.
  • Yukon-based businesses with a physical presence in Yukon
  • Yukon First Nation governments and development entities
  • Yukon municipal governments
  • Community societies or industry associations based in Yukon communities
  • Non-profit corporations incorporated under the Canada Not-for-profit Corporations Act

grant_eligibility_criteria|who_cannot_apply

There are specific types of companies that are not eligible for this grant:
  • Companies that do not meet the specified criteria outlined in the eligibility requirements.

grant_eligibility_criteria|eligible_expenses

There are eligible expenses for this grant:
  • Business plans
  • Market research
  • Marketing plans
  • Organization and promotion of marketing and investment events
  • Organizational capacity development
  • Participation in trade and investment events
  • Post-project analysis and support
  • Professional development workshops on business topics
  • Promotional materials for new markets and market expansion
  • Training plans
  • Capital assets
  • Capital costs
  • Implementation support
  • Leasehold improvements

grant_single_labels|criteria

The Economic Development Fund has evaluation and selection criteria for project applications. These criteria focus on both immediate and long-term outcomes that contribute to economic development in Yukon.
  • Enhancement of joint ventures and investment opportunities
  • Increased investment in the sector
  • Improved organizational and enterprise capacity
  • Innovation in business methods and approaches
  • Positive impacts on employment and wealth creation
  • Development of skills in Yukon's workforce
  • Contribution to economic activity in Yukon communities
  • Alignment with the goals of Yukon's climate change mitigation strategy

grant_single_labels|register

  • Contact an Economic Development Fund program advisor to find out if your project is eligible.
  • Complete and submit your application before the deadline.
    • In person: 303 Alexander Street, 2nd floor, Whitehorse
    • Email: edf@yukon.ca
    • Phone: 867-456-3803
    • Toll-free: 1-800-661-0408, extension 3803
    • Fax: 867-393-7018
    • Mail: Government of Yukon, Economic Development Fund (F-1), Box 2703, Whitehorse, Yukon, Y1A 2C6

grant_single_labels|contact

edf@yukon.ca
867-456-3803
Apply to this program