Regional Development Fund — Regional Development Program
grant_single|update January 24, 2025
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
- Government of Newfoundland and Labrador
- Department of Industry, Energy and Technology (NL)
grant_single|status
grant_card_status|open
grant_single_labels|preview
Non-repayable contributions for economic initiatives focused on regional and sectoral development, diversification, and key emerging sectors.
grant_single_labels|terms_and_conditions
The Regional Development Fund offers non-repayable contributions that support economic initiatives and capacity building across various sectors. The financing modalities are structured to facilitate project implementation and sustainable development.
- Non-repayable contributions up to a maximum of 25% of total eligible costs for the Regional Development Program.
- Client contribution requirement of at least 10% of the total project cost.
- Non-repayable contributions for Community Capacity Building, capped at $5,000 for regional organizations and $10,000 for provincial organizations per year.
grant_single_labels|projects
The Regional Development Program under the Regional Development Fund supports non-commercial initiatives that aim to drive regional economic development and diversification. Eligible projects focus on sectors like infrastructure and innovation, with the added goal of building capacity and advancing marketing efforts.
- Development and enhancement of regional infrastructure projects.
- Initiatives for capacity building that support local communities and organizations.
- Marketing projects that promote regional economic growth.
- Research activities that catalyze innovation and sectoral development.
The Community Capacity Building component focuses on enhancing the skills and capabilities of non-profit organizations, linking them directly to economic and business development.
- Training sessions focusing on strategy and planning for non-profit organizations.
- Workshops aimed at improving relationship-building skills and networks.
- Development initiatives to strengthen organizational skills and management capacity.
- Co-operative development projects that bring economic benefits to communities.
grant_single|admissibleProjectsExample
$ 10,000
Launching a market research initiative to support local artisans
$ 10,000
Developing a new digital marketing strategy for a small business
$ 10,000
Developing a community solar energy project
$ 10,000
Creating a new vocational training program for unemployed youth
$ 10,000
Organizing a series of industry development sessions for the tech sector
$ 10,000
Expanding a local food cooperative's distribution network
grant_single_labels|admissibility
Organizations must meet specific criteria to be eligible for the Regional Development Fund.
- The applicant must be a non-profit organization.
- The applicant must not be a federal or provincial government department or agency.
- Eligible applicants include industry associations, municipalities, public educational institutions, and other non-profit groups.
- The organization must be incorporated.
grant_eligibility_criteria|who_can_apply
Non-profit organizations, excluding federal and provincial government departments and agencies, are eligible to apply for this grant. This includes industry associations, municipalities, public educational institutions, cooperatives, economic development organizations, and other non-profit groups. All applicants must be incorporated.
grant_eligibility_criteria|who_cannot_apply
This grant program sets clear boundaries on eligibility to ensure applicants align with the intended goals. Based on the provided information, there are specific restrictions related to governmental and corporate status.
- Federal and provincial government departments and agencies.
- Private, for-profit companies.
grant_eligibility_criteria|eligible_expenses
This grant supports economic development, innovation, and capacity building projects in various regions through non-repayable contributions. Eligible projects aim to advance regional and sectoral development, diversification, and key emerging sectors while strengthening community capacities.
- Development and implementation of economic initiatives focusing on regional development.
- Projects aimed at sectoral diversification through innovative approaches.
- Infrastructure projects that support economic diversification and business development.
- Capacity building projects that enhance skills and organizational capabilities.
- Marketing initiatives that promote regional economic opportunities and strengths.
- Research activities that explore new economic opportunities and innovations.
- Community capacity building modules and industry development sessions focusing on strategic planning, relationship building, and management.
grant_eligibility_criteria|zone
This grant is available to organizations throughout all regions of the province, as it aims to support regional economic development. The eligible geographical areas are therefore based on inclusion within the province served by the funding body.
- All regions within the province served by the Department of Industry, Energy and Technology.
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|apply
1
2
3
4
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- Non-profit organizations must be incorporated to be eligible for funding.
- Applicants should demonstrate a minimum contribution of ten per cent of the total project cost.
Apply to this program
More grants like this
Researchers And Facilitiesgrant_card_status|open
Cold test lab in St. John's, Newfoundland
Grant and Fundinggrant_card_status|open
Funding for new technologies in Atlantic fisheries
Expert Advicegrant_card_status|open
Funds for business advisory services in Newfoundland and Labrador
Expert Advicegrant_card_status|open
Start-up business planning help in Newfoundland and Labrador
Grant and Fundinggrant_card_status|open
Money for Newfoundland and Labrador’s tourism service industry
Loans and Capital investmentsgrant_card_status|open
Loan for business improvement in Newfoundland and Labrador
Tax Creditsgrant_card_status|open
Tax credit for interactive digital media production in Newfoundland and Labrador
Loans and Capital investmentsgrant_card_status|open
Equity funding for business improvement in Newfoundland and Labrador
Researchers And FacilitiesPartnering and Collaborationgrant_card_status|open
Collaborate on ocean, coastal and river engineering R&D
Grant and Fundinggrant_card_status|open
Subsidy for childcare services in Newfoundland and Labrador