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Regional Development Fund

The Department of Business, Tourism, Culture and Rural Development provides support to organizations by way of non-repayable contributions for projects aimed at supporting economic development, innovation and capacity building in all regions of the province. The Regional Development Fund is comprised of two components: the Regional Development Program and Community Capacity Building.

The Regional Development Program provides support by way of non-repayable contributions to organizations for the development and implementation of economic initiatives with respect to regional and sectoral development, diversification, innovation, and key emerging sectors. Projects submitted for consideration must clearly link non-commercial activities to economic diversification and/or business development. The four key themes of projects intended for funding are: infrastructure; capacity building; marketing; and, research.

The Community Capacity Building component provides training support to non-profit organizations with a clear link to economic and business development. This includes Community Capacity Building module delivery and industry development sessions, based on four themes (strategy and planning, relationship building, organizational skills and management, and co-operative development).

The Youth Innovation Call for Proposals component provides non-repayable contributions to non-profit organizations, schools, post-secondary institutions, youth organizations, municipalities and industry associations for projects that instill new ideas and creative thinking, while strengthening concepts of innovation and collaborative problem solving in young people.

Available Funding

Under the Regional Development Program, financial assistance is in the form of a non-repayable contribution, normally to a maximum contribution of 50 per cent of total eligible costs. The client should normally contribute a minimum of ten per cent of the total project cost.

Under the Community Capacity Building component, financial assistance is in the form of a non-repayable contribution, normally to a maximum of $5,000 for regional organizations and $10,000 for provincial organizations per year.

Eligible Applicants

Eligible applicants are non-profit organizations, excluding federal and provincial government departments and agencies. Applicants include industry associations, municipalities, public educational institutions, and other non-profit groups including co-operatives and economic development organizations. Applicants must be incorporated.

How to Apply

Use one of the forms below to apply. For program details or assistance with your application, use the Applicants Guidelines document or contact the BTCRD office near you:

Applicants Guide

These suggested guidelines are designed to assist applicants with the development of proposals for the Regional Development Program and the Community Capacity Building component.



Contact Information

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