Deadline: 15-Dec-21
The Canadian Northern Economic Development Agency (CanNor) is seeking Expressions of Interest (EOI) for new single or multi-year projects starting in the 2022-2023 fiscal year.
Priority Areas
As part of this EOI, priority will be given to projects that address one or more of the following business and community economic development priorities; in line with the four key themes of CanNor’s Pan-Territorial Growth Strategy:
- Diversification and Innovation — including:
- Business Scale up and Market Expansion — projects that help businesses to accelerate their growth and assist with the adoption of innovative technologies that support scale-up, productivity and global competitiveness (e.g. clean technologies, digital adoption, e-commerce offerings).
- Regional Innovation Ecosystems — projects that help create, grow and develop strong and inclusive (e.g., women, youth, Indigenous peoples) regional networks that support business growth and innovation, that foster the entrepreneurial environment, and that increase the competitiveness of SMEs.
- Indigenous Economic Development — projects that support and increase the participation of northern Indigenous communities and businesses in economic opportunities (e.g. tourism, blue economy, mineral sector).
- Sector Development — projects that foster the development and growth of key sectors (e.g. tourism, arts and culture, fisheries, food systems) in a manner which increases community capacity, maximizes jobs, and enhances long-term wellbeing (e.g., circular economy) within the territories.
- Infrastructure Investments and Development — projects that leverage other investments to maximize local and regional opportunities by closing the economic infrastructure gap, as well as by supporting broadband and clean technology initiatives.
- Resource Development — projects that support the development and growth of SMEs within the supply chain and remediation sectors, as well as the exploration and development of critical minerals, innovative mining techniques and clean technology innovation.
- Skilled Workforce — projects that will increase the availability and quality of pre-employment and targeted job skills training based on industry demand, through support for curriculum development, equipment and infrastructure investments.
- Economic Recovery & Stabilization — projects that support communities, not for profit organizations and SMEs in the economic recovery of their sector (e.g. tourism).
Funding Information
- For the purposes of this EOI, the maximum amount payable to any single eligible recipient per project has been set at $6M.
- The maximum amount payable to for-profit entities through a non-repayable contribution will not exceed $99,999.
- Note: Indigenous economic development corporations or other Indigenous-controlled for-profit businesses whose articles of incorporation do not permit dividends to be paid or distributed to shareholders may be exempt from this $99,999 limit.
- Repayable contribution agreements may also be considered by CanNor for for-profit entities seeking financing in excess of $99,999.
Eligibility Criteria
- You can apply to this EOI if you are:
- A small and medium-sized enterprise (SME), not-for-profit association, or organization with a project that will provide economic benefits to one or more of the territories; or,
- A non-federal entity or other level of government, public or private, Indigenous or non-Indigenous, that works to promote economic development in the territories.
- Priority will be given to recipients who can demonstrate proven capacity to deliver projects in the North and interest/engagement in territorial economic development.
For more information, visit https://www.cannor.gc.ca/eng/1546864521572/1546864541613