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 Regional Partnership Grant funds regional and province-wide projects that improve access to financing, jobs, and training for Indigenous people and communities in Ontario. This is achieved through the support of economic development through investments in training programs and promoting access to financing for promising projects.
Grants support new projects as well as established local projects with the potential for growth at a regional or province-wide level.