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Indigenous Economic Development Fund – Economic Diversification Grant

Description

The Indigenous Economic Development Fund (IEDF) is investing $95 million over ten years in Aboriginal businesses and Indigenous communities in Ontario. The IEDF is part of the larger Jobs & Prosperity Fund, a 10-year, $2.5 billion fund. The funds are meant to help Ontario attract new business and form partnerships by investing in creating jobs, building innovation, increasing productivity and competition in the global market.

The Economic Diversification Grant promotes economic activity in new and emerging economic sectors. The Grant promotes the development of strategies to help Indigenous communities in Ontario broaden their economic base and identify new and/or emerging areas of economic opportunity. Grants also support the use of economic strategies by funding strategic planning that identifies promising economic opportunities. Grants also support feasibility studies and project funding for initiatives that contribute to economic diversification; as well as employment, business, and/or training opportunities.

Deadline

The application period has now closed.

Eligibility Requirements

An organization can apply for an Economic Diversification Grant if it is a:

  • Political Territorial Organization (PTO) in Ontario.
  • Tribal Council in Ontario.
  • First Nation community in Ontario.
  • Métis community in Ontario.
  • Indigenous organization recognized by the Province of Ontario.

Each application must confirm compliance with the following:

  • Applicant is not in default of the terms and conditions of any grant or loan agreement with any ministry or agency of the Government of Ontario.

Program Guidelines

Contacts

Questions about the IEDF should be directed to aboriginalbusiness@ontario.ca or by telephone at 416-326-4740 and 1-866-381-5337, Monday to Friday from 8:30 a.m. to 5:00 p.m. Eastern Time.

Technical questions regarding Grants Ontario may be directed to the Grants Ontario Customer Service Line at GrantsOntarioCS@Ontario.ca or by telephone at 416-325-6691 or 1-855-216-3090, Monday to Friday from 8:30 a.m. to 5:00 p.m. Eastern Time.

Last updated: June 9, 2017