Open
Economic Development Fund — Tier 2
Funding for medium-sized business projects in Yukon
Last Update: April 10, 2026
Funding available
$ 500,000
Timeline
- Open continuously
Location
Yukon, Canada
Overview
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.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Develop an online presence
- Optimize production processes
Eligible Funding
- Maximum amount : 500,000 $
- Up to 75% of project cost
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- All industries
Location
- Yukon
Legal structures
- Non-profit
- Public or Parapublic institution
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Indigenous Peoples
- Rural or Northern Residents
- Startups
Non-profit candidates
Sector of operation
- Economic, Social and Community Development
- Employment and Training
- Business Associations
Target groups
- Indigenous peoples
- Rural / Remote communities
- Business owners / entrepreneurs
- Nonprofits / charities
Revenue structures
- All structures
Scope
- Local
- Regional
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
This grant supports projects that aim to deliver long-term, sustainable economic benefits to the Yukon communities through innovation, diversification, and increased competitiveness. Eligible activities are designed to enhance planning and skills development across different sectors.
- Business plans creation and implementation.
- Conducting market research for new opportunities.
- Development and execution of marketing plans.
- Organization and promotion of marketing and investment events.
- Enhancement of organizational capacity.
- Participation in trade and investment events to boost reach and visibility.
- Post-project analysis and continued support mechanisms.
- Professional development workshops targeting diverse business topics.
- Creation of promotional materials targeting new and expanding markets.
- Planning and delivery of skill development and training programs.
- Investment in capital assets needed for business expansion.
- Covering capital costs linked to business projects.
- Support for project implementation, ensuring smooth execution.
- Leasehold improvements contributing to project success.
- Travel costs for project-related trips within the set guidelines.
Eligibility
Who is eligible?
A Yukon business that meets at least three specific conditions related to their business establishment in Yukon is eligible to apply. These conditions include having a physical office in Yukon, being subject to the Yukon Income Tax Act, being registered under relevant business legislation, or holding a valid municipal business license, where applicable. Furthermore, Yukon First Nation governments, Yukon First Nation development entities such as corporations and partnerships, Yukon municipal governments, community societies or industry associations registered in Yukon and open to public membership with an interest in economic development, and not-for-profit organizations incorporated under national not-for-profit regulations are also eligible to apply for the Economic Development Fund.Who is not eligible
This grant does not specify particular companies or industries that are excluded based on the provided context or known restrictions. The eligibility focuses on ensuring applicants contribute to Yukon's economic development without detailing specific exclusions.
Eligible expenses
Eligible projects for this grant aim to enhance economic opportunities for Yukon communities through strategic planning, capacity building, and market expansion. These activities support business innovation and diversification, contributing to a more competitive economic landscape.
- Creation of business plans to outline strategic growth initiatives.
- Conducting market research to identify and tap into new opportunities.
- Development of marketing plans to improve market reach.
- Organization and promotion of marketing and investment events to attract investors.
- Organizational capacity development to strengthen business operations.
- Participation in trade and investment events to expand networks and opportunities.
- Post-project analysis and support to evaluate success and areas of improvement.
- Professional development workshops on crucial business topics to enhance skills.
- Production of promotional materials for exploring new markets and market expansion.
- Training plans to develop necessary workforce skills.
- Investment in capital assets to support business growth.
- Allocation for capital costs in project implementation.
- Providing implementation support for project initiatives.
- Leasehold improvements to enhance business premises.
- Funding for essential travel costs related to project activities.
Eligible geographic areas
This grant is available to businesses and organizations based in the Yukon. Eligibility is determined by their location within Yukon communities.
- Businesses and offices with a physical address in the Yukon.
- Yukon First Nation governments and development entities.
- Yukon municipal governments.
- Community societies or industry associations based in one or more Yukon communities.
Additional information
Here are additional relevant details for this grant:
- The Economic Development Fund replaced three prior funds: Regional Economic Development Fund, Strategic Industries Development Fund, and Enterprise Trade Fund.
- The grant supports projects that align with Yukon's climate change mitigation strategy, "Our Clean Future".
- Funding is tiered, with tier 1 accepting applications throughout the year, while tiers 2 and 3 have specific deadlines.
- The grant application deadlines for tier 2 are April 15 and September 15, while tier 3 has a deadline on January 15.
Contacts
Frequently Asked Questions about the Economic Development Fund — Tier 2 Program
Here are answers to the most common questions about the Economic Development Fund — Tier 2. 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 Economic Development Fund — Tier 2?
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.
How much funding can be received?
Economic Development Fund — Tier 2 Funds up to 75% of admissible expenses, capped at $500,000 per project.
Who is eligible for the Economic Development Fund — Tier 2 program?
To be eligible for the Economic Development Fund — Tier 2 program, you must:
A Yukon business must meet three of the following conditions: have an office with a physical address in Yukon, be subject to the Yukon Income Tax Act, be registered under the Business Corporations Act and the Partnership and Business Name Act, or have a valid municipal business license, where applicable.
Community societies or industry associations must be registered under the Yukon Societies Act, based in one or more Yukon communities, open to public membership, and demonstrate a clear interest in improving Yukon's economic development.
What expenses are eligible under Economic Development Fund — Tier 2?
This grant supports projects that aim to deliver long-term, sustainable economic benefits to the Yukon communities through innovation, diversification, and increased competitiveness. Eligible activities are designed to enhance planning and skills development across different sectors. Business plans creation and implementation.
Conducting market research for new opportunities.
Development and execution of marketing plans.
Organization and promotion of marketing and investment events.
Enhancement of organizational capacity.
Participation in trade and investment events to boost reach and visibility.
Post-project analysis and continued support mechanisms.
Professional development workshops targeting diverse business topics.
Creation of promotional materials targeting new and expanding markets.
Planning and delivery of skill development and training programs.
Investment in capital assets needed for business expansion.
Covering capital costs linked to business projects.
Support for project implementation, ensuring smooth execution.
Leasehold improvements contributing to project success.
Travel costs for project-related trips within the set guidelines.
Who can I contact for more information about the Economic Development Fund — Tier 2?
You can contact Government of Yukon by email at edf@yukon.ca or by phone at 867-456-3803.
Where is the Economic Development Fund — Tier 2 available?
The Economic Development Fund — Tier 2 program is available the province of Yukon.
Is the Economic Development Fund — Tier 2 a grant, loan, or tax credit?
Economic Development Fund — Tier 2 is a Grant and Funding