How much funding can be received?

Funds up to 50% of admissible expenses, capped at $16000 per project.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the JEDI — Aboriginal Development Fund — Business and Entrepreneurship Development?

JEDI — Aboriginal Development Fund — Business and Entrepreneurship Development is funded by Joint Economic Development Initiative (JEDI)

JEDI — Aboriginal Development Fund — Business and Entrepreneurship Development

Q: What are JEDI — Aboriginal Development Fund — Business and Entrepreneurship Development's eligibility criterias?

The applicant must be part of a First Nation community in New Brunswick. The project must focus on business or community economic development.

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NB, Canada

Money for New Brunswick First Nation entrepreneurs

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Grant and Funding

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Joint Economic Development Initiative (JEDI)

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Cover up to 50% of your business planning costs to a maximum of $8,000.

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The JEDI Aboriginal Development Fund provides financial assistance through a reimbursement model, supporting economic development in First Nation communities of New Brunswick. The modalities focus on providing substantial cost-sharing opportunities for eligible initiatives.

Co-financing of up to 50% of total planning costs for community economic development initiatives, capped at $16,000.
Co-financing of up to 50% for business and entrepreneurship development activities, with a maximum contribution of $8,000.
Support is only on a reimbursement basis, requiring expenditure approval documentation.
A 2-month reach-back clause that allows for reimbursement of costs incurred before project approval, up to two months prior.
Excluded costs entail regular salaries, maintenance, administration, land, vehicles, vessels, and inventory-related expenses.

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The JEDI Aboriginal Development Fund supports economic development within First Nation communities through expert training and financing for business-related plans and activities. Eligible initiatives are aimed at enhancing business and entrepreneurial capabilities.

Creation and development of business plans, including startup or business expansion projects.
Development of marketing strategies to enhance business visibility and reach.
Provision of management training to improve business administration and operations.
Implementation of mentoring programs and ongoing business support services.
Organization and participation in seminars and workshops focused on specific business-related topics.
Engagement in entrepreneurial development initiatives to foster new business ideas.
Attendance at conferences to gain knowledge and network within the business community.

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$ 4,000

Offering a mentoring program for women entrepreneurs

$ 4,000

Attendance at a major entrepreneurship conference for a new start-up

$ 4,000

Developing a comprehensive digital marketing plan for a new local business

$ 4,000

Conducting management training sessions for a General Partnership

$ 4,000

Creating a business expansion plan for a cooperative farm

$ 4,000

Organizing a series of entrepreneurship development workshops

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Eligibility for the JEDI Aboriginal Development Fund is determined by specific criteria related to the applicant's background and the nature of the proposed activities.

The applicant must be an entrepreneur, an existing business, or a community within New Brunswick's First Nation communities.
The proposed activities must focus on business or community economic development planning.
The costs should be eligible under the JADF guidelines and must be incurred within the allowable timeframe, considering the reach-back clause.
The application must be submitted online through the JADF Online Application Form and should be assessed on a first-come, first-served basis due to limited funding.

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"JADF provides funding to entrepreneurs/existing businesses and communities specifically within First Nation communities of New Brunswick for the purpose of business and community economic development planning."

Entrepreneurs already operating or intending to start a business within First Nation communities in New Brunswick.
Existing businesses located in the First Nation communities of New Brunswick seeking to expand their operations.
Communities of First Nations in New Brunswick looking for funding to plan economic development initiatives.

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Some types of companies are not eligible for the JEDI Aboriginal Development Fund grant. Specifically, companies involved in activities such as management, administration, communications, or evaluations, or those dealing with land, vehicles, vessels, or inventory costs are not eligible.

Companies engaged in management, administration, communication, or evaluation activities.
Companies dealing with land, vehicles, vessels, or inventory costs are not eligible.

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The JEDI Aboriginal Development Fund supports economic development projects that assist entrepreneurs and First Nation communities in New Brunswick. Eligible projects focus on business planning, skill development, and community economic strategies.

Business plans for start-ups or expansions.
Development of marketing plans.
Management training programs.
Mentoring programs and ongoing business support.
Seminars and workshops on specific business topics.
Entrepreneurship development initiatives.
Participation in relevant conferences.
Community economic development planning.

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This grant is specifically available to entities within New Brunswick, focusing on First Nation communities. The eligible geographical area is limited to ensure support for regional economic development initiatives.

First Nation communities in New Brunswick.

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The JEDI Aboriginal Development Fund has evaluation and selection criteria for applicants. The criteria include:

Projects will be evaluated and selected on a first-come, first-serve basis.
Applications must meet the eligibility requirements outlined in the funding guidelines.
Projects must demonstrate a clear economic development impact on First Nation communities in New Brunswick.

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Here are additional relevant details for this grant:

The JADF operates on a reimbursement basis only, with claim eligibility for costs incurred up to two months prior to the proposal submission.
Funding is limited and allocated on a first-come, first-serve basis, emphasizing the importance of timely application submissions.