Inclusive Diversification and Economic Advancement in the North — For-Profit
NU, Canada
Funding for innovative projects in Northern Canada
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- grant_single|noCondition
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- grant_single|timelineUnspecified
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Grant and Funding
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- grant_single|allIndustries
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- Government of Canada
- Canadian Northern Economic Development Agency (CANNOR)
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grant_card_status|open
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Get funding for projects that contribute to diversifying Canada's northern economy and promoting economic growth.
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This grant supports activities targeting economic advancement in the northern territories of Canada. The focus is on regions where economic development is essential to leverage innovation opportunities.
- Yukon Territory
- Northwest Territories
- Nunavut
grant_single|admissibleProjectsExample
$150,000
Establishing a community-based tourism program to promote local culture and economy
$100,000
Enhancing digital literacy and skills development among Indigenous youth
$160,000
Building a small business incubator to support local entrepreneurs
$200,000
Developing a renewable energy project to supply sustainable power
$210,000
Enhancing fishing industry productivity through modern equipment
$130,000
Launching a small-scale aquaponics farm to improve food security
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The eligibility criteria for the IDEANorth program are based on considerations related to the applicant's capacity and engagement with economic development in the North.
- Applicants can be businesses or other public or private organizations.
- Priority is given to underrepresented groups, including Indigenous people, women, and youth.
- Applicants should demonstrate proven capacity to deliver projects in the North.
- Applicants must show interest or engagement in territorial economic development.
grant_eligibility_criteria|who_can_apply
This program supports businesses and other public or private organizations with an emphasis on ensuring equitable access to funding to underrepresented groups such as Indigenous people, women and youth. Investments will help strengthen existing economic sectors and develop new economic sectors with the goal of enhancing and diversifying economic activity throughout the territories. Priority will be given to recipients who can demonstrate proven capacity to deliver projects in the North and who can demonstrate interest/engagement in territorial economic development.
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There are certain types of companies that may not be eligible for this grant:
- Companies outside the defined territories of Canada's North
- Companies that do not have a focus on economic development and sector advancement in the North
grant_eligibility_criteria|eligible_expenses
This grant supports projects and activities that enhance economic infrastructure and promote sector development in Northern Canada. The eligible initiatives aim to foster economic growth, improve business productivity, and support foundational infrastructure in the territories.
- Investments in economic infrastructure to support community and business service extension.
- Support for economic growth and sector development initiatives.
- Business initiatives focused on scale-up, productivity, and innovation.
- Development of small-scale economic infrastructure to strengthen local services.
- Support for the early stages of large-scale economic infrastructure projects.
grant_eligibility_criteria|zone
The grant covers specific expenses directly related to the areas it focuses on, such as economic growth and sector development, business scale-up, productivity and innovation, and infrastructure development.
- Costs associated with developing and scaling businesses.
- Expenses for small-scale and foundational economic infrastructure projects.
- Investments in sector development and capacity building initiatives.
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There are evaluation and selection criteria for the IDEANorth grant. The criteria include:
- Proven capacity to deliver projects in the North
- Interest/engagement in territorial economic development
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- Step 1: Review Program Guidelines
- Visit the IDEANorth program webpage.
- Download and read the IDEANorth program guidelines to understand the requirements and objectives.
- Familiarize yourself with the application process and funding criteria.
- Step 2: Prepare Application Materials
- Develop a comprehensive project proposal detailing the project’s objectives, expected outcomes, and alignment with IDEANorth’s priorities.
- Gather any necessary supporting documents such as budgets, timelines, and organizational capacity statements.
- Step 3: Complete Application Form
- Access the application form through the IDEANorth program guidelines or contact resources.
- Fill out the application form with accurate and complete information regarding the project and organization.
- Step 4: Submit Application
- Email the completed application form and supporting documents to Operations@cannor.gc.ca.
- Alternatively, contact one of the IDEANorth regional offices to discuss application submission possibilities.
grant_single_labels|contact
operations@cannor.gc.ca
Apply to this program
Enhancing Northern Economic Opportunities
IDEANorth provides foundational investments aimed at strengthening economic infrastructure and capacity in Northern territories, promoting a diversified and innovative economy that includes underrepresented groups. The program specifically targets economic growth, infrastructure development, and sector advancement to establish a resilient economy in Canada's North.
Detailed Exploration of the IDEANorth Grant Program
The Inclusive Diversification and Economic Advancement in the North (IDEANorth) program is a vital initiative aimed at bolstering the economic landscape of Northern Canada through strategic investments. As a program administered by the Canadian Northern Economic Development Agency (CanNor), IDEANorth is positioned to address both systemic and unique economic challenges faced by the Northern territories, ensuring that these regions are not only prepared to participate in Canada's innovation economy but also to thrive within it.
IDEANorth operates through a clear focus on four priority sectors: economic growth and sector development, business scale-up, productivity and innovation, and infrastructure development both at small and foundational levels. These priorities are designed to address the immediate needs of Northern communities while positioning them for long-term economic sustainability and diversification. By concentrating on projects that foster both small-scale community infrastructure and large-scale foundational infrastructure, IDEANorth lays the groundwork for future economic stability and growth.
One of the distinctive features of the IDEANorth program is its inclusive approach to funding. It emphasizes equitable access to resources, particularly for underrepresented groups, including Indigenous peoples, women, and youth, who historically face barriers to economic participation. By prioritizing these groups in its funding strategies, the program not only helps rectify disparities but also enriches the economic fabric of the North by infusing diverse perspectives and talents into its development initiatives.
For businesses and organizations in Canada's North, IDEANorth represents an opportunity to engage in projects that enhance existing economic sectors while exploring new ones. This possibility is coupled with the expectation of tangible economic growth and the amplification of territorial economic capabilities. Recipients of the grant are those who can demonstrate a capacity to implement impactful projects that contribute positively to the Northern economy — a testament to the program’s commitment to fostering projects with measurable success and developmental potential.
Moreover, IDEANorth facilitates community-based growth by supporting projects at both the nascent and maturation stages. This dual focus ensures that even projects with initial phases of infrastructure development can secure the necessary backing to progress, thus creating a project ecosystem that is sustainable and attuned to the pressing needs of its locale.
The IDEANorth program builds its framework on the success of CanNor’s previous efforts, specifically the Strategic Investments in Northern Economic Development (SINED) initiative, ensuring continued alignment with the strategic priorities of the region. The progressive continuity from SINED to IDEANorth underlines a steadfast commitment to the economic resilience of the North while adapting to contemporary innovations and opportunities in the economic sphere.
Ultimately, the IDEANorth program is not just a funding opportunity but a strategic partner in redefining Northern Canada’s economic potential. The program’s emphasis on innovation, sector development, and inclusivity positions it as a cornerstone for those seeking to contribute meaningfully to Northern economic advancement. Through IDEANorth, recipients are encouraged to not only receive support but also to actively engage in fostering a vibrant and diverse economy that values cooperation, innovation, and regional growth.
