Recent News
Government of Canada provides $500,000 for Youth Entrepreneurship and Business Innovation in Prince Edward and L&A County
Picton, Ontario, April 16, 2009 - Daryl Kramp, Member of Parliament for Prince Edward–Hastings, on behalf of the Honourable Gary full story
April 22, 2010
BDC Doubles Support to Aspiring Young Entrepreneurs
Montreal, Québec, May 18, 2010 –The Business Development Bank of Canada (BDC) is pleased to announce that it is once again teaming up with the full story
May 19, 2010
Innovation & Information Communication Technology

Eligible costs for Not-for-Profit Secondary Recipients may be up to 100% of total Eligible costs and will not normally exceed $10,000 per project. All projects must have a minimum of 25% cash contribution.
Private Sector Secondary Recipients may receive up to 50% of total Eligible costs and will not normally exceed $10,000 per project.

Any applications not completed in full, or that do not meet qualifications will not be accepted.


Eligible Secondary Recipients:
    • Non-profit organizations (including corporations, community development organizations, and associations)
    • Legal commercial entities including individuals, corporations, partnerships, cooperatives or trusts
    • Aboriginal organizations; and,
    • Groups or alliances of those described above where a lead recipient has been identified
Eligible Activities:
Eligible Activities may include but are not limited to:

  •  innovation and technology research & development initiatives;
  •  technology, ICT and KBE studies and business plans;
  •  technological enhancement initiatives, such as: advanced innovative web enhancements, ecommerce,e-learning platforms, intranet/extranet portals, GIS applications, customizedsoftware development and installations which will improve efficiencies and productivity;
  • ICT infrastructure projects, including telecommunications improvements, broadband and internet access;
  •  applications in ICT, which may include: development of networks, ICT education and awareness, facilitating or hosting conferences and workshops;
  •  other incremental activities designed to stimulate business opportunities in the knowledge based economy.

Eligible Costs:
Eligible Costs are expenses that will be incurred by the Recipient, which in the opinion of the
Minister are reasonable, incremental and required to carry out the Eligible Activities specified in this schedule, including but not limited to:
  •  consultant and/or professional
  •  materials and supplies;
  •  equipment and software;
  •  installation expenses;
  •  infrastructure costs; and,
  •  other costs directly related to the approved Eligible Activities.
Note:

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