EDC — Structured and Project Finance
Canada
Financing for large-scale international infrastructure projects
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|openingDateNovember 14, 2019
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
- Mining, quarrying, and oil and gas extraction
- Utilities
- Construction
- Manufacturing
grant_single|grantors
- Government of Canada
- Export Development Canada (EDC)
grant_single|status
grant_card_status|open
grant_single_labels|preview
Get financing for challenging projects, with solutions specifically designed for limited-use financing of long-term capital-intensive projects. Get step-by-step advice, market insights and expertise across a range of sectors.
grant_single_labels|projects
- Projects generating revenues of over $50 million - Export activities outside of Canada - Need for structured financing for large-scale global projects in the extractive, power, utilities, infrastructure, or industrial sectors - Projects demonstrating clear economic benefits to Canada
grant_single|admissibleProjectsExample
$75,000,000
Toronto
Development of a solar power plant for clean energy production
$63,750,000
Ottawa
Construction of a biofuel production plant to support sustainable energy
$60,000,000
Montreal
Upgrading water infrastructure to support sustainable growth
$90,000,000
Calgary
Construction of a wind farm to generate renewable energy
$150,000,000
Vancouver
Establishing an electric vehicle manufacturing plant
$100,000,000
Winnipeg
Development of a hydroelectric power plant to supply clean energy
grant_single_labels|admissibility
Eligibility for the Structured and Project Finance grant is determined by the specific financial and operational scope of the project.
- The project must generate revenues of over $50 million.
- The applicant must have export activities outside of Canada.
- The project must require structured financing for execution.
- The project must be large-scale and within the extractive, power, utilities, infrastructure, or industrial sector.
- The project must demonstrate clear economic benefits to Canada.
grant_eligibility_criteria|who_can_apply
- Companies with projects generating revenues over $50 million - Companies with export activities outside of Canada - Companies needing structured financing for large-scale global projects in specific sectors - Companies whose projects demonstrate economic benefits to Canada
grant_eligibility_criteria|eligible_expenses
This grant is tailored for large-scale economic activities that significantly contribute to Canada's economic growth through international collaborations and ventures. Eligible projects are generally within capital-intensive industries that require structured financial solutions.
- Development and construction of major infrastructure projects, such as roads, bridges, and rail systems.
- Large-scale power generation projects, including natural gas, hydroelectric, and renewable energy plants.
- Industrial projects in sectors like mining and oil, which require extensive infrastructure and operational investments.
- Export-driven manufacturing facilities that serve global markets.
- Utilities projects aimed at enhancing energy distribution and water supply systems.
grant_single_labels|criteria
- Project revenues must exceed $50 million - Export activities outside of Canada are required - Need for structured financing for large-scale global projects in specified sectors - Economic benefits to Canada must be clearly demonstrated
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Initial Inquiry and Consultation
- Contact the grant provider to schedule a consultation.
- Discuss your project's eligibility and funding needs.
- Step 2: Detailed Project Proposal Preparation
- Prepare a comprehensive project proposal highlighting objectives, projected revenues, and economic benefits to Canada.
- Include a detailed financial plan illustrating the need for structured financing.
- Step 3: Documentation and Compilation
- Collect and organize all necessary documents like financial statements and export activity reports.
- Ensure all documents align with the application requirements outlined by the grant provider.
- Step 4: Official Application Submission
- Submit the completed proposal and documents to the grant provider through their specified submission process.
- Follow any specific guidance provided during the initial consultation.
- Step 5: Receive and Acknowledge Confirmation
- Wait for an acknowledgment from the grant provider confirming receipt of your application.
- Retain any confirmation email or letter for your records.
grant_single_labels|otherInfo
- Applicants should provide a detailed business case outlining the economic benefits of the project to Canada. - Projects must align with the specific sectors mentioned: extractive, power, utilities, infrastructure, or industrial. - Export activities outside of Canada are a key requirement for eligibility. - Revenue generation of over $50 million from the project is necessary. - Limited recourse financing structure is a fundamental aspect of the program. - Reach out for more information on the program criteria and application process.
Apply to this program
Expand Your Large-Scale International Projects
This grant provides financial support for extensive projects in extractive, power, utilities, infrastructure, or industrial sectors, specifically those that generate over $50 million in revenues and demonstrate tangible economic benefits to Canada. It aims to facilitate the development and execution of large-scale projects through structured and systematic financing solutions.
Thorough Insights into Structured and Project Finance Support
The Structured and Project Finance support grant is meticulously crafted to cater to the financial needs of expansive projects in Canada that extend their operational reach beyond national borders. This grant is particularly essential for projects that are capital intensive and require structured financing to sustain and enhance development in the sectors of extractive industries, power generation and distribution, utilities, infrastructure development, and industrial expansions. As these sectors are crucial for economic growth and technological advancement, the financial backing provided by this grant aims to fuel both immediate and strategic long-term national objectives.
Projects eligible for this grant must showcase the ability to generate substantial revenue exceeding $50 million, indicating their capability to not only cover the operating costs but also contribute significantly to the economic ecosystem. By doing so, they must underline their direct contribution to the Canadian economy, whether through job creation, enhancing the export portfolio, or bringing in technological innovation that fortifies the nation’s global presence. This substantial revenue generation is pivotal as it reassures stakeholders of the project's viability and potential for sustainable growth.
Another distinguishing criterion for this grant is the project's involvement in export activities outside Canada, which aligns with the broader strategic aim of international economic integration and collaboration. These export activities are instrumental in establishing a wider market reach, increasing export revenues, and reinforcing Canada’s trade relationships with other countries, thereby playing a transformative role in the nation’s economic landscape.
The grant seeks to empower business enterprises by providing tailored financial solutions that address specific project needs. From managing significant capital expenditures to ensuring project viability through sophisticated financial structures, the recipients gain the necessary fiscal leeway to push their boundaries and innovate. The structured financing received can mitigate risks associated with large-scale ventures and foster a breeding ground for innovative solutions that tackle sector-specific challenges.
Furthermore, the grant emphasizes projects that demonstrate clear economic benefits to Canada, thus protecting public investments and enhancing economic resilience. The clear demonstration of such benefits involves understanding the cyclical and long-term implications of the project on both local and national economies, ensuring the financial aid is justified and impactful.
Ultimately, this grant serves as a vital enabler for businesses aiming to venture into large-scale, global enterprise while contributing affirmatively to the socio-economic fabric of Canada. It addresses the intricate balance of offering adequate financial support while expecting the projects to comply with the high standards of deliverability, accountability, and sustainability. By doing so, the grant perpetuates a cycle of growth and innovation that positions Canada as a leader in the specified sectors on the global stage.