Hurricane Fiona Recovery Fund
At a glance
- No Condition
- Open Date : March 08, 2023
- All industries
- Atlantic Canada Opportunities Agency
- Government of Canada
Overview
Eligibility criteria
There are specific eligibility criteria for this grant, which include:
- Small or medium-sized enterprises and communities in Atlantic Canada and eastern Quebec affected by Hurricane Fiona
- Those facing hardship due to Hurricane Fiona
- Business owners and community leaders assessing impacts and recovery options
- Individuals who have suffered loss or damage as a result of Hurricane Fiona
Who is eligible
Eligible companies for the Hurricane Fiona Recovery Fund grant include small and medium-sized enterprises, communities, and businesses in Atlantic Canada and Eastern Quebec directly affected by the storm. Eligible types of companies are:
- Small and medium-sized enterprises (SMEs)
- Communities in Atlantic Canada
- Businesses in Atlantic Canada and Eastern Quebec
Who is not eligible
There are certain types of companies that are not eligible for this grant:
- Large corporations with significant resources
- Non-profit organizations
- Individual sole proprietors
Eligible expenses
Eligible expenses for the Hurricane Fiona Recovery Fund include the rebuilding and recovery costs for businesses and communities affected by the storm. Some eligible expenses may include:
- Repair and rebuilding of critical infrastructure like fishing wharves and small craft harbours
- Costs related to ensuring the safety of navigation and protecting marine wildlife
- Recovery and rebuilding initiatives to restore economic activity in local communities
- Any other necessary expenses directly related to recovering from the impacts of Hurricane Fiona
Eligible projects & activities
There are eligible projects and activities for the Hurricane Fiona Recovery Fund:
- Rebuilding and recovery efforts for local communities and businesses affected by Hurricane Fiona
- Restoration of economic activity by repairing and rebuilding critical infrastructure, such as fishing wharves and small craft harbours
- Ensuring the safety of navigation and protecting marine wildlife
Eligible geographic areas
There are specific geographic areas eligible for this grant.
- Communities and businesses in Atlantic Canada and Eastern Quebec affected by Hurricane Fiona
- Small or medium-sized enterprises and communities in eastern Quebec (Gaspésie and Les Îles-de-la-Madeleine) directly impacted by the storm
Evaluation & selection criteria
There are evaluation and selection criteria for the Hurricane Fiona Recovery Fund grant. The criteria include:
- Demonstrated need for financial assistance
- Extent of impact from Hurricane Fiona
- Ability to utilize funding effectively for recovery and rebuilding
- Potential long-term benefit to the community or business
- Alignment with the goals and objectives of the HFRF
How to apply
- Step 1: Assess Your Eligibility
- Check if you are a small or medium-sized enterprise or community affected by Hurricane Fiona in Atlantic Canada.
- Verify if your specific situation aligns with the recovery efforts supported by the Hurricane Fiona Recovery Fund.
- Step 2: Review Application Requirements
- Familiarize yourself with the documentation and information needed to complete the application.
- Ensure you have all necessary details and data related to your business or community's impact from the storm.
- Step 3: Submit Your Application
- Complete the application form provided by ACOA for the Hurricane Fiona Recovery Fund.
- Attach all required documents and evidence to support your eligibility and the extent of the damages suffered.
- Step 4: Await Review and Decision
- Allow the review committee to assess your application and determine the level of support you may receive.
- Be prepared for possible follow-up inquiries or clarifications during the evaluation process.
- Step 5: Receive Funding and Implement Recovery Measures
- If your application is successful, expect to receive the allocated funds from the Hurricane Fiona Recovery Fund.
- Utilize the financial assistance to rebuild, recover, and enhance the resilience of your business or community post-Hurricane Fiona.
Hurricane Fiona Recovery Fund Summary
The Hurricane Fiona Recovery Fund (HFRF) provides up to $300 million over 2 years to support local communities and businesses affected by Hurricane Fiona in Atlantic Canada and Eastern Quebec. The fund aims to help with long-term recovery efforts by filling gaps for those who may not qualify under existing support measures and is coordinated by the Atlantic Canada Opportunities Agency (ACOA).
Details of the Hurricane Fiona Recovery Fund
The Hurricane Fiona Recovery Fund (HFRF) is a federal initiative that allocates funds to assist communities and businesses impacted by Hurricane Fiona. With a focus on rebuilding livelihoods and safeguarding the economy, the HFRF provides financial support to help local communities recover from the storm's impacts.
The HFRF, managed by the Atlantic Canada Opportunities Agency (ACOA), collaborates with federal departments and agencies to address recovery needs and develop targeted initiatives for rebuilding and recovery. The fund aims to assist businesses in rebuilding and restoring economic activities essential for local communities. This includes repairing critical infrastructure such as fishing wharves and small craft harbours damaged by the storm.
In addition to supporting economic recovery, the HFRF also focuses on ensuring the safety of navigation and protecting marine wildlife in the affected regions. ACOA plays a crucial role in coordinating support, working with businesses and communities in Atlantic Canada to assess impacts, determine recovery options, and deliver targeted assistance to facilitate local recovery efforts.
In response to the devastation caused by Hurricane Fiona, the HFRF offers financial aid to individuals and businesses in Eastern Quebec and the Atlantic provinces through various programs and initiatives. The fund aims to provide a comprehensive support system to help affected communities rebuild, recover, and enhance their resilience in the face of future climate-related challenges.
The government of Canada's robust response to Hurricane Fiona includes investing in infrastructure improvements, supporting the shellfish sector, and funding clean-up efforts to restore impacted areas. By combining financial assistance, infrastructure projects, and community support programs, the HFRF contributes to the overall recovery and rebuilding process in the aftermath of Hurricane Fiona.