Regional Development Fund — Regional Development Program
NL, Canada
Funding for regional development in Newfoundland and Labrador
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Department of Industry, Energy and Technology (NL)
- Government of Newfoundland and Labrador
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grant_card_status|open
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Non-repayable contributions for economic initiatives focused on regional and sectoral development, diversification, and key emerging sectors.
grant_single_labels|projects
There are eligible projects for this grant. Eligible activities include:
- Development and implementation of economic initiatives for regional and sectoral development
- Economic diversification and business development projects
- Training support for non-profit organizations with a focus on economic and business development
- Community capacity building modules and industry development sessions
grant_single|admissibleProjectsExample
$10,000
Vancouver
Launching a market research initiative to support local artisans
$10,000
Ottawa
Developing a new digital marketing strategy for a small business
$10,000
Halifax
Developing a community solar energy project
$10,000
Montreal
Creating a new vocational training program for unemployed youth
$10,000
Toronto
Organizing a series of industry development sessions for the tech sector
$10,000
Calgary
Expanding a local food cooperative's distribution network
grant_single_labels|admissibility
Eligible applicants are non-profit organizations, excluding federal and provincial government departments and agencies. Applicants include industry associations, municipalities, public educational institutions, and other non-profit groups including co-operatives and economic development organizations. Applicants must be incorporated.
- Non-profit organizations
- Excludes federal and provincial government departments and agencies
- Includes industry associations, municipalities, public educational institutions, and other non-profit groups including co-operatives and economic development organizations
- Applicants must be incorporated
grant_eligibility_criteria|who_can_apply
Eligible applicants for this grant include non-profit organizations such as industry associations, municipalities, public educational institutions, and other non-profit groups including co-operatives and economic development organizations.
- Industry associations
- Municipalities
- Public educational institutions
- Other non-profit groups including co-operatives and economic development organizations
grant_eligibility_criteria|who_cannot_apply
There are specific types of companies that are not eligible for this grant:
- Federal and provincial government departments and agencies
grant_eligibility_criteria|eligible_expenses
Yes, eligible expenses for this grant may include infrastructure development, capacity building initiatives, marketing activities, and research projects.
- Infrastructure development
- Capacity building initiatives
- Marketing activities
- Research projects
grant_single_labels|criteria
The evaluation and selection criteria for this grant include the following:
- Alignment with the project themes of infrastructure, capacity building, marketing, and research
- Demonstrated link between non-commercial activities and economic diversification/business development
- Soundness of the project proposal and its potential for positive economic impact
- Feasibility, sustainability, and scalability of the proposed activities
- Financial contribution from the applicant organization
grant_single_labels|register
- Step 1: Review the program guidelines and eligibility criteria
- Content: Understand the objectives of the Regional Development Program and Community Capacity Building.
- Implications: Ensure your project aligns with the program's goals and that your organization meets the eligibility requirements.
- Step 2: Prepare your proposal or project plan
- Content: Use the provided Applicant Guidelines to structure your proposal.
- Implications: Clearly outline how your project contributes to economic development, innovation, and capacity building.
- Step 3: Complete the application form
- Content: Fill out either the online or PDF application form accurately.
- Implications: Provide all required information and supporting documents as per the application instructions.
- Step 4: Submit your application
- Content: Send your completed application to the Industry, Energy, and Technology office.
- Implications: Ensure timely submission and follow up on the status of your application if necessary.
grant_single_labels|otherInfo
- Projects must align with the key themes of infrastructure, capacity building, marketing, and research to be considered for funding under the Regional Development Program.
- Applicants should ensure that their proposals clearly demonstrate a link between non-commercial activities and economic diversification or business development.
Apply to this program
Regional Development Fund Overview
The Regional Development Fund provided by the Department of Industry, Energy, and Technology offers non-repayable contributions to support economic development, innovation, and capacity building in all regions of the province. It consists of two components: the Regional Development Program and Community Capacity Building.
Regional Development Fund Detailed Explanation
The Regional Development Program aims to assist organizations in developing and implementing economic initiatives related to regional and sectoral development, diversification, innovation, and emerging sectors. Projects eligible for funding should demonstrate a clear link between non-commercial activities and economic diversification or business development, focusing on infrastructure, capacity building, marketing, and research.
Financial support under the Regional Development Program is provided in the form of a non-repayable contribution, typically up to 25% of total eligible costs, with a minimum client contribution of 10% of the project cost. On the other hand, the Community Capacity Building component offers training support to non-profit organizations aligned with economic and business development, providing up to $5,000 for regional organizations and $10,000 for provincial organizations annually.
Eligible applicants for the Regional Development Fund include non-profit organizations like industry associations, municipalities, educational institutions, and economic development groups, with exclusion of federal and provincial government departments. Applicants must be incorporated entities to qualify for funding.
For organizations seeking financial assistance through the Regional Development Program or Community Capacity Building component, guidance is available in the form of applicant guidelines and application forms. These resources help applicants in developing proposals and navigating the application process effectively.
Overall, the Regional Development Fund serves as a valuable resource for organizations looking to drive economic growth, foster innovation, and enhance their capacity through strategic projects and initiatives in various regions of the province.