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Churchill and Region Economic Development (CRED)

Value

$7.3 Million fund

Description

Churchill and Region Economic Development (CRED) Fund is a response to the economic instability facing the Town of Churchill and surrounding region following the announcement of the closure of the Port of Churchill and associated reductions in rail service.

Eligible Applicants

Eligible recipients shall be organizations located within the Churchill and northern region that submit proposals clearly demonstrating that the results of the CRED Fund investment will be realized within the Region. Specifically, eligible recipients shall include:

  • Municipal or local governments
  • Post-secondary institutions
  • Not-For-Profit organizations
  • For-Profit organizations (incorporated, sole proprietorships, partnerships or other legally established businesses)
  • First Nations and Indigenous organizations as represented by their leadership

Organizations will need to demonstrate their overall governance, management and financial capacity to provide oversight for the project.

Eligible Expenses

The Fund is broad in scope and will fund a variety of projects that promote business development, good quality job creation, and local economic growth. This will include projects that have tangible direct economic benefits including: maintaining current employment; new job creation or enhancement; incremental income or businesses and government revenues within an identifiable time frame (immediate preferable).

Deadline Date

  This funding stream remains open for applications. All projects must be completed by March 31, 2021.

Contact

Contact Name: Katie Daman, CRED Project Coordinator

Phone Number: 204-975-0747

E-mail Address: kdaman@cfmanitoba.ca

Website: https://cfmanitoba.ca/special-programs/cred

Industry: Non-Profit, Location: Manitoba ,
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