JEDI — Aboriginal Development Fund — CED
Fredericton, NB, Canada
Money for New Brunswick First Nation community economic development
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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 $16,000.
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This grant is specifically targeted toward the First Nation communities in the province of New Brunswick, Canada, to foster regional economic development. Eligible areas focus on these communities to ensure the funding supports local Aboriginal businesses and entrepreneurial efforts.
- First Nation communities within New Brunswick, Canada.
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$16,000
Developing a new mobile app for local businesses to enhance customer engagement
$16,000
Opening a community-owned grocery store focusing on organic products
$12,000
Establishing a local craftsmanship museum highlighting regional artisans
$10,000
Expanding an organic farm's produce distribution network
$16,000
Starting a bike-sharing program to promote eco-friendly transportation
$15,000
Launching a coding bootcamp for underprivileged youth
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The JEDI Aboriginal Development Fund has specific eligibility criteria for applicants seeking funding.
- Applicants must be entrepreneurs, existing businesses, or communities from First Nation communities in New Brunswick.
- The funding is available for business and community economic development planning.
- The application must be submitted on a reimbursement basis, with eligible costs not incurred until after approval or within the 2-month reach-back period.
- Eligible expenses do not include regular salaries and expenses, costs of management, administration, communications, or evaluations of the proposed initiative, the cost of land, general use of vehicles and vessels, or inventory costs, and costs incurred prior to the date of receipt of the proposal by JEDI Inc.
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The JEDI Aboriginal Development Fund is designed to support First Nation communities, entrepreneurs, and existing businesses in New Brunswick with a focus on economic development. This includes individuals and entities seeking to create business or community economic development plans. Applications are typically assessed in the order they are received due to limited funding. Eligible applicants can participate in activities like drafting business and marketing plans, managerial training, and support for entrepreneurship development initiatives.
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The JEDI Aboriginal Development Fund (JADF) focuses on enhancing business and community economic development within First Nation communities of New Brunswick. Eligible projects mainly involve business planning, entrepreneurship development, and economic strategic planning.
- Business plans for start-ups or expansions.
- Development of marketing plans.
- Management training initiatives.
- Mentoring programs and ongoing business support.
- Conducting seminars and workshops on specific business topics.
- Activities focused on entrepreneurship development.
- Attendance at relevant conferences to gain industry insights.
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The grant supports various business and community development plan-related expenses.
- Business plans for start-up or expansion.
- Marketing plans.
- Management training costs.
- Costs for mentoring programs and business support.
- Seminars and workshops on specific business topics.
- Entrepreneurship development initiatives.
- Conference attendance fees directly related to development plans.
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- Step 1: Preparation
- Review the eligibility criteria and funding guidelines provided by JEDI.
- Ensure your project fits the parameters of Community Economic Development or Business/Entrepreneurship Development.
- Gather necessary documents and develop a detailed plan outlining projected costs and expected outcomes.
- Step 2: Online Application Form
- Access the JADF Online Application Form through the Joint Economic Development Initiative's website.
- Fill out the required fields accurately, ensuring all data is correct and complete.
- Attach necessary documentation to support your application.
- Step 3: Submission
- Review the filled application for any errors or missing information.
- Submit the application using the online form as instructed.
- Step 4: Confirmation
- Receive confirmation of submission from JEDI, either via email or on the website.
- Retain confirmation details for future reference.
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info@jedinb.ca
1-506-444-5650
Apply to this program
Empowering Indigenous Economic Growth in New Brunswick
The JEDI Aboriginal Development Fund (JADF) offers financial support to First Nation communities and entrepreneurs in New Brunswick for economic development initiatives, facilitating both business and community growth. This fund is designed to enhance planning efforts by reimbursing up to 50% of total costs, ensuring strategic and impactful development that aligns with community needs.
Comprehensive Overview of the JEDI Aboriginal Development Fund
The JEDI Aboriginal Development Fund (JADF) is a pivotal initiative aimed at fostering economic advancement within the First Nation communities of New Brunswick. It offers substantial financial backing to entrepreneurs and established businesses, along with community economic development projects. Operating on a reimbursement basis, the fund encourages the structured planning needed to optimize economic opportunities for Indigenous peoples and their communities. The JADF stands as a cornerstone in the commitment to build resilient, prosperous Indigenous businesses that can thrive in the competitive economic landscape of Canada.
Through its dual focus on community economic development and business entrepreneurship, the JADF delivers funding in two major streams. First, it addresses community-level strategic planning by offering up to 50% of total costs, capped at $16,000, to support the formulation and execution of comprehensive economic development plans. This aims at generating sustainable growth and self-sufficiency in community enterprises by providing them with the necessary resources to conduct market research, community consultations, and other planning activities essential to a thriving local economy.
Similarly, in the sphere of business and entrepreneurship, the fund supports a broad range of activities vital for business planning and execution. From aiding in the creation of business and marketing plans, which are indispensable for start-ups or expansion phases, to providing funding for management training and mentoring programs, the JADF ensures that individuals and businesses are equipped with the knowledge and skills necessary for success. An additional benefit provided is the reimbursement for attending business seminars and workshops, which are critical platforms for networking and knowledge exchange in specific business topics.
The business support doesn’t just stop at planning—mentorship programs and additional business support mechanisms are also eligible for funding under the initiative. This multifaceted approach ensures that Indigenous entrepreneurs have access to a comprehensive support system, fostering a conducive environment for innovation and growth. Furthermore, the JEDF acknowledges the importance of connectivity in today's digital age, supporting conference attendance for entrepreneurs seeking to broaden their networks and stay abreast of industry trends and developments.
Unique to JADF’s structure is the two-month reach-back clause, allowing eligible entrepreneurs to submit claims for costs incurred in the 60 days preceding proposal submission, thus offering significant flexibility and support for costs that are essential but have been initiated prior to the official agreement with JEDI. However, it is critical to note that regular salaries and expenses, as well as administrative or communication costs, are ineligible for reimbursement to ensure that funds are effectively utilized for strategic development activities.
Application to the program is streamlined through an online application form, ensuring accessibility and ease for applicants seeking to tap into these resources. With a limited pool of funds available, prospective applicants are encouraged to apply promptly to take advantage of this program. The Joint Economic Development Initiative (JEDI) remains a committed partner in unlocking economic potential and driving growth through targeted financial assistance and strategic support for New Brunswick’s First Nation communities. This focus on strengthening Indigenous businesses underlines a broader commitment to equity in economic opportunities and capacity building across the region. Through JADF, entrepreneurs and communities can lay a foundation for lasting economic prosperity and resilience, creating a future that aligns with their unique cultural and economic goals.
