Deadline: 31-Aug-21
Applications are now open for the Own-Source Revenue in Indigenous Communities Initiative to partially offset declines in own-source revenues so that First Nations, Inuit, and Métis communities can continue to provide important community programs and services to their members.
The COVID-19 pandemic has caused many Indigenous communities to experience a decline in own-source revenue. Because of this reduction in own-source revenue, many communities have faced challenges in providing—or have been unable to provide—important programs and services to their community members.
Funding Information
- The Own-Source Revenue in Indigenous Communities Initiative (OSRICI) is providing $332.8 million in funding to partially offset declines in own-source revenues so that First Nations.
- Applicants who hire a third party to help prepare the application, including financial statements, may be eligible for a maximum of $10,000 (invoice required).
- Alternatively, applicants who prepare their application, including financial statements, within the community may be eligible for $5,000.
Eligibility Criteria
- The OSRICI is open to:
- all First Nations, Inuit and Métis communities
- self-governing and Modern Treaty First Nations
- tribal councils or community governments
- To be eligible for this initiative, Indigenous communities must have experienced an own-source revenue decline in 2020-2021 because of the COVID-19 pandemic restrictions.
- Own-source revenue is money communities collect from business ventures, property taxes or other activities, including commercial leasing and tax revenues.
- The decline in own-source revenue must be demonstrated, for example, as a year-over-year loss using audited consolidated financial statements.
- Funding under this initiative is not meant to overlap with other existing COVID-19 measures, such as the Indigenous Community Business Fund, the Indigenous Community Support Fund, or any other COVID-19 measures related to health, economic, and social support.
Assessment Criteria
- ISC will assess applications in the order they are received. Applications will be screened for eligibility before proceeding to an assessment process which will determine the amount of funding for which they may be eligible.
- Examples of core community programs include:
- education programs
- health programs
- housing programs
- water services
- community infrastructure development and maintenance programs.
- Examples of important services include:
- language preservation and cultural programming
- income support for Elders
- outreach and aid to the distressed and disadvantaged
- training and development programs.
For more information, visit https://www.sac-isc.gc.ca/eng/1623255117700/1623255147941