Economic Development Fund — Tier 3
YT, Canada
Funding for large business projects in Yukon
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|closingDateJanuary 15, 2024
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Department of Economic Development (YK)
- Government of Yukon
grant_single|status
grant_card_status|closed
grant_single_labels|preview
Get a contribution between $100,000 and $500,000 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. Eligible activities include:
- 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|admissibleProjectsExample
$100,000
Carcross
Building leasehold improvements for a new artisan market space in Yukon
$37,500
Haines Junction
Developing a business plan and promotional materials for a new eco-friendly lodging
$45,000
Dawson City
Implementing a training program for artisanal cheesemakers in Yukon
$45,000
Old Crow
Capacity development for First Nation businesses through workshops and training
$37,500
Whitehorse
Hosting a trade and investment conference focused on sustainable tourism in Yukon
$75,000
Whitehorse
Developing a comprehensive market research and marketing plan for Yukon honey products
grant_single_labels|admissibility
The eligibility criteria for this grant include:
- Business innovation, sustainability, and planning support
- Economic diversification through market support
- Business competitiveness through capacity and capital development
grant_eligibility_criteria|who_can_apply
Eligible types of companies for this grant include:
- Yukon businesses that meet specific conditions
- Yukon First Nation governments and development entities
- Yukon municipal governments
- Community societies or industry associations
- Not-for-profit corporations incorporated under the Canada Not-for-profit Corporations Act
grant_eligibility_criteria|who_cannot_apply
There are certain types of companies that are not eligible for this grant. These include:
- Companies that do not have a physical address in Yukon
- Companies not subject to the Yukon Income Tax Act
- Companies not registered under the Business Corporations Act or the Partnership and Business Name Act
- Companies without a valid municipal business license
grant_eligibility_criteria|eligible_expenses
Eligible expenses for this grant include 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, and limited travel costs.
- 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
- Limited travel costs
grant_single_labels|criteria
There are evaluation and selection criteria for this grant. The assessment is based on the following key factors:
- Demonstrated potential for long-term economic benefits and sustainability for Yukon and its communities.
- Ability to support business innovation, sustainability, economic diversification, and competitiveness.
- Clear alignment with the outlined project criteria and expected outcomes.
- Capacity to contribute to economic growth, workforce development, and community well-being in Yukon.
- Adherence to the eligible activities and expenses as defined in the guidelines.
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. Open Monday to Friday, from 8:30 a.m. to 4:30 p.m.
- 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
