Local Initiatives

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

LOCAL INITIATIVES

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

Eligible Secondary Recipients:

Non-profit organizations (including municipalities, municipal organizations, corporations, community development organizations, and associations)

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:

Community-based economic development projects

Research projects

Marketing and promotional activities

Tourism events

Seminars/workshops

Technology/innovation projects, and

Small scale capital projects

Eligible Costs
Eligible costs are reasonable, incremental and required to carry out the Eligible Activities specified, including but not limited to:

Consulting and professional fees

Marketing and advertising costs

Travel, and

Equipment

Note:

The EODP application forms have been re-designed. Adobe Reader is now required to access the application forms. We recommend that you use the most recent version of Adobe Reader, which can be downloaded free of charge by clicking here.

To download a copy of the Local Initiatives Grant Application, click here.

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