Northern Industries Innovation Fund
BC, Canada
Innovation funding for certain northern British Columbia SMEs
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grant_single|eligibleFinancing
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- grant_single|timelineUnspecified
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Grant and Funding
grant_single|eligibleIndustries
- Agriculture, forestry, fishing and hunting
- Mining, quarrying, and oil and gas extraction
- Manufacturing
- Transportation and warehousing
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- Northern Development Initiative Trust
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grant_card_status|open
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Up to $50,000 to cover 50% of the costs of applied research and development, new or improved products and services, and testing of innovative equipment or technologies to support capital investment decisions.
grant_single_labels|projects
There are eligible projects for this grant:
- Conducting a tree thinning trial
- Testing the feasibility of using wide-based tires for log transport
- Adapting forestry equipment for drilling applications
grant_single|admissibleProjectsExample
$20,000
Prince George
Conducting a tree thinning trial in a boreal forest region to improve ecosystem sustainability.
$17,500
Kamloops
Testing the feasibility of using wide-based tires for log transport in remote areas.
$20,000
Thunder Bay
Adapting forestry equipment for drilling applications to enhance productivity in timber harvesting.
$25,000
Halifax
Developing a new eco-friendly logging method to reduce environmental impact in the forestry industry.
$25,000
Toronto
Creating an innovative drone technology for real-time forest management and monitoring.
$25,000
Edmonton
Implementing a new software system for real-time tracking of logging operations to improve efficiency.
grant_single_labels|admissibility
The Northern Industries Innovation Fund (NIIF) provides incremental funding to support innovation projects that increase the competitiveness of local businesses in traditional industries across Northern B.C. Eligible businesses must be small and medium-sized businesses, non-profit organizations engaged in industrial activities, post-secondary institutions working with a private sector partner, community contribution companies, or innovation hubs directly transferable to industry development.
- All applicants must be located/headquartered within the Northern Development Initiative Trust region.
- Privately owned, incorporated, with less than 500 employees and revenues less than $100 million.
- Registered non-profit organizations engaged in industrial activities.
- Post-secondary institutions working with a private sector partner or an applied research project with private sector implications.
- Community contribution companies.
- Priority given to companies operating in regions most impacted by the pine beetle epidemic.
- Consider applications from community-based innovation hubs if project deliverables are directly transferable to industry development.
- Eligible industries include agriculture, aquaculture, energy, forestry, high tech, industrial supply chain, manufacturing, mining, oil and gas, and transportation.
grant_eligibility_criteria|who_can_apply
Eligible companies for the Northern Industries Innovation Fund grant include small and medium-sized businesses, registered non-profit organizations engaged in industrial activities, post-secondary institutions with private sector partnerships, and community contribution companies. Priority is given to companies operating in regions most impacted by the pine beetle epidemic.
- Small and Medium-Sized Businesses
- Registered Non-Profit Organizations
- Post-Secondary Institutions with Private Sector Partnerships
- Community Contribution Companies
grant_eligibility_criteria|eligible_expenses
Eligible expenses for this grant include:
- Applied research and development
- New or improved products and services
- Testing of innovative equipment or technologies
- Staff labor expenses
grant_single_labels|criteria
The Northern Industries Innovation Fund (NIIF) grant has evaluation and selection criteria:
- Applicants must be located/headquartered within the Northern Development Initiative Trust region.
- Priority is given to companies operating in regions most impacted by the pine beetle epidemic.
- Projects must increase the competitiveness of local businesses in traditional industries across Northern B.C.
- Applicants must contribute a minimum of 10% of the project budget.
- Projects should support economic diversification and the viability of businesses.
grant_single_labels|register
- Contact Northern Development staff to discuss the proposed project and eligibility for the funding program.
- Review the program guidelines for eligibility criteria.
- Request an application form by contacting Northern Development staff for assistance with the application process.
grant_single_labels|contact
info@northerndevelopment.bc.ca
Apply to this program
Northern Industries Innovation Fund (NIIF)
The Northern Industries Innovation Fund (NIIF) program provides incremental funding to support innovation projects that increase the competitiveness of local businesses in traditional industries across Northern B.C. The program is also intended to support economic diversification and/or viability of businesses to mitigate the economic impact of the pine beetle epidemic.
Overview of the Northern Industries Innovation Fund (NIIF)
The Northern Industries Innovation Fund (NIIF) is a funding program designed to provide support to businesses in Northern British Columbia for innovation projects that enhance their competitiveness in traditional industries. The program aims to promote economic diversification and sustainability, especially in regions affected by the pine beetle epidemic. Eligible entities, including small and medium-sized businesses, non-profit organizations, and post-secondary institutions collaborating on applied research, can receive up to $50,000 in rebate funding, covering a maximum of 50% of the total project budget, with a minimum 10% contribution required from the applicant.
Applicants must be located within the Northern Development Initiative Trust region and must meet specific criteria related to size, revenue, and incorporation status. Priority is given to companies operating in regions most impacted by the pine beetle epidemic, and eligible industries span agriculture, forestry, energy, manufacturing, and more. Successful projects under NIIF have included trials for tree thinning, testing of innovative equipment such as wide-based tires for log transport, and adapting forestry equipment for drilling applications.
The application process involves a discussion with Northern Development staff to determine project eligibility and assist with the application submission. Projects should align with the program's objectives of supporting applied research and development, product/service improvements, and testing innovative technologies. NIIF serves as a valuable resource for businesses looking to innovate, enhance their competitiveness, and contribute to the economic development of Northern B.C.
For more information on the Northern Industries Innovation Fund (NIIF) and how to apply for funding to support your innovation projects, please contact Northern Development at info@northerndevelopment.bc.ca.
