JEDI — Aboriginal Development Fund — Business and Entrepreneurship Development
NB, Canada
Money for New Brunswick First Nation entrepreneurs
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- grant_single|timelineUnspecified
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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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This grant is focused on supporting economic development in the First Nation communities of New Brunswick. It is tailored specifically for entrepreneurs and businesses within these communities.
- First Nation communities in New Brunswick.
grant_single|admissibleProjectsExample
$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
grant_single_labels|admissibility
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.
grant_eligibility_criteria|who_can_apply
"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.
grant_eligibility_criteria|who_cannot_apply
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.
grant_eligibility_criteria|eligible_expenses
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.
grant_eligibility_criteria|zone
Eligible expenses for the JEDI Aboriginal Development Fund include costs related to business and community economic development planning, excluding certain specified costs.
- Business planning costs, including start-up or expansion plans.
- Marketing plan development costs.
- Management training expenses.
- Costs associated with mentoring programs and business support.
- Seminars and workshops on specific business topics related to economic development.
- Entrepreneurship development expenses.
- Conference attendance fees relevant to business and economic development.
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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.
grant_single_labels|register
Here are the steps to submit an application for the JEDI Aboriginal Development Fund:
- Step 1: Access the Online Application
- Visit the JEDI website and locate the JADF online application form.
- Download or access the application form through the provided link.
- Step 2: Complete the Application Form
- Fill out all relevant sections of the online application form accurately.
- Ensure all required fields, such as applicant details and project overview, are completed.
- Step 3: Prepare Supporting Documents
- Compile necessary supporting documents, such as business plans, marketing plans, or details of expenses incurred under the reach-back clause.
- Ensure all documents are correctly formatted and clear.
- Step 4: Review and Submit
- Review the completed application and all supporting documents to ensure accuracy and completeness.
- Submit the application form and supporting documents through the online portal.
- Step 5: Confirmation of Submission
- Await a confirmation email from JEDI acknowledging the receipt of your application.
- Retain the confirmation for your records and potential follow-up.
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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.
grant_single_labels|contact
info@jedinb.ca
1-506-444-5650
Apply to this program
Empowering Aboriginal Economic Growth in New Brunswick
The JEDI Aboriginal Development Fund (JADF) is dedicated to promoting economic development within the First Nations communities in New Brunswick, offering financial support to both communities and entrepreneurs on a reimbursement basis for strategic business and economic planning initiatives. With specific contributions towards planning costs, JADF aims to facilitate business expansion, community planning, and workforce development in alignment with community needs and regional economic goals.
Detailed Insights into JEDI Aboriginal Development Fund's Vision and Reach
The JEDI Aboriginal Development Fund represents a vital resource for Aboriginal entrepreneurs and communities in New Brunswick, crafted to accelerate economic growth and provide foundational support for strategic development. By catering primarily to the needs of First Nations communities, the JADF specifically aims to buttress economic self-sufficiency and expand the local economic landscape through tailored support for business and community initiatives.
The primary thrust of the JADF includes providing a maximum contribution of up to 50% of the total costs involved in comprehensive planning processes, not exceeding $16,000 for community economic development and $8,000 for business/entrepreneurship development. This reimbursement structure is meticulously designed to ensure financial support directly aligns with the economic strategies and developmental goals of the respective community or business seeking assistance.
Furthermore, the JADF, through its comprehensive funding portfolio, assists in multiple developmental facets such as creating business plans for start-up or business expansion, drafting effective marketing strategies, and catalyzing entrepreneurial skills through management training, mentoring programs, business support, and specialty seminars. This holistic approach is crucial in allowing businesses to not only lay a solid foundation but also confidently venture into new markets or expand existing operations.
While providing direct financial aid, the fund ensures that the resources are channeled effectively by offering reimbursement only for approved costs, thereby encouraging prudent financial planning and project execution. A unique feature of the JADF is its reach-back clause that allows reimbursement for costs incurred within the past two months prior to application, granting businesses a degree of flexibility and responsiveness in their planning endeavors.
Eligibility is strategically delineated to focus on dynamic, actionable strategies rather than routine operational expenses. This keeps the fund's focus sharply on facilitating impactful projects that drive long-term economic wealth and sustainability within First Nations territories.
Strategically located at St. Mary's First Nation, the Joint Economic Development Initiative (JEDI), overseeing the JADF, acts as a conduit for networking several key stakeholders in the province's economic framework, thereby enriching the community's abilities to initiate, develop, and sustain economic prosperity. Whether through business plan refinement, market analysis, or entrepreneurial workshops, the JEDI's ancillary support structures complement the financial assistance, ensuring that recipient entities are not only recipients of funds but long-term beneficiaries of a robust economic support system.
This program's unique funding and assistance framework also recognizes the importance of partnerships and collaboration with various regional and national bodies, thereby making Aboriginal economic integration seamless and all-inclusive. Through the JADF, JEDI plans to continue its strategic engagements, ensuring that the economic development is deeply routed and reflective of contemporary economic challenges and opportunities across New Brunswick and beyond.
Ultimately, the JEDI Aboriginal Development Fund serves as a testament to a committed approach towards fostering economic resilience and growth among Aboriginal communities, symbolizing a cooperative effort to use indigenous knowledge and ambition to fuel broader regional and economic development agendas.
