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Jobs and Growth Fund in Western Canada

March 31, 2024

Value

Eligible businesses could receive interest-free repayable contributions for up to 50% of eligible costs. Eligible not-for profit organizations could receive non-repayable contributions for up to 90%of eligible costs.

Description

The Jobs and Growth Fund provides funding to businesses and organizations to help create jobs and position local economies for long-term growth. The Fund, delivered by Canada’s regional development agencies (RDAs), provides $700 million nationally over 3 years, which includes up to $70 million dedicated to businesses created after January 2020 that meet eligibility criteria.

Eligible Applicants

  • businesses (primarily small and medium sized enterprises, fewer than 500 FTEs)
  • not-for-profit organizations; and
  • indigenous organizations such as not for profits, and businesses, which include but are not limited to First Nations as represented by their Chief and Council, Tribal Councils, Indigenous Representative Organizations, Métis and Inuit organizations and Settlements as well as Indigenous/First Nation/Métis Settlement owned organizations

Eligible Expenses

  • Eligible businesses could receive interest-free repayable contributions for up to 50% of eligible costs.
  • Eligible not-for profit organizations could receive non-repayable contributions for up to 90%of eligible costs.

The JGF will support projects that contribute to near-term job creation and long-term resilience through projects that will:

  • transition to a green economy
  • foster an inclusive recovery
  • preserve Canada’s competitiveness, future proof SMEs and enhance resilience through productivity improvement and digital adoption
  • strengthen capacity in sectors critical to Canada’s recovery and growth

Deadline Date

Applications will be accepted through a continuous intake process. All projects must be completed prior to March 31, 2024, as no further funding will be available after that date.

Contact

Contact Name: Western Economic Diversification Canada

Phone Number: 1-888-338-9378

E-mail Address: wd.ab-ab.deo@canada.ca

Website: https://www.wd-deo.gc.ca/eng/20183.asp

Industry:

Software/Technology

Location:

Alberta, British Colombia, Manitoba, Ontario, Saskatchewan

Tags:

COVID

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There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

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