Description

The Small Capital Restart Funding program will provide financial support for small capital projects that support short-term business and industry restart and sustainability. The program will also support innovative and cost-effective solutions that will enable the development of new or expanded revenue generation for businesses and industries most affected by longer term closure or operational restrictions.

Eligibility

• Local governments
• Indigenous communities
• Non profit organizations (including sectoral, business and industry organizations)

All eligible applicants must be located in the ICET mandate area.

Funding

The Small Capital Restart Funding program can contribute a maximum of 50% of the cost of eligible activities to a maximum of $15,000. All matching funding contributions must be cash; in-kind contributions will not be considered. All other sources of project funding must be confirmed. In order to ensure transparency and accountability, all other funding contributions for eligible portions of the project must be declared.

The Small Capital Restart Funding program is designed to provide time-sensitive funding to eligible organizations to support capital costs for shovel ready restart and resiliency initiatives.

How to Apply

Required application contents include:

• Completed Application Form
• Completed Funding and Budget Form
• Supplementary information as may be relevant such as quotes for proposed scope of work, or other materials such as business plans or feasibility to support your project.

All application should be submitted electronically to: [email protected].

Application Period

Island Coastal Economic Trust is accepting applications on an ongoing basis on a first-come, first-serve basis until the program fully subscribed.

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Link: Grant Website

Contact Name: Denice Regnier

Contact Phone: 250-871-7797

Subject Area(s): Economic Development

Last Reviewed: June 23, 2021, 4:21 pm

Deadline: No Official Deadline