Economic Development Fund
The Economic Development Fund supports projects and initiatives that provide long-term, sustainable economic benefits to Yukoners and Yukon communities.
Offered by Department of Economic Development
Amount
Up to 75 per cent of the eligible project costs and 50 per cent of capital expenses; tier 1 up to $30,000, tier 2 between $30,001 and $100,000, tier 3 between $100,001 and $500,000
Quick eligibility check
Who can apply
Has an office with a physical address in the Yukon
Is subject to the Yukon Income Tax Act
Is registered under the Business Corporations Act and the Partnership and Business Name Act, where applicable
Has a valid municipal business licence, where applicable
Yukon First Nations governments
Yukon First Nations development entities (corporation, partnership, joint venture or trust)
Yukon municipal governments
are registered under the Yukon Societies Act and are in good standing;
are based in 1 or more Yukon communities;
are open to public membership; and
can demonstrate clear interest in seeking to improve the Yukon’s economic development.
Not-for-profit corporations incorporated under the Canada Not-for-profit Corporations Act
About the funding
Funding is available for up to:
75 per cent of the eligible project costs; and
50 per cent of capital expenses.
Funding maximums are:
Show all funding details
tier 1 up to $30,000;
tier 2 between $30,001 and $100,000; and
tier 3 between $100,001 and $500,000.
Business plans
Market research
Marketing plans
Organization and promotion of marketing and investment events
Organizational capacity development
Participation in trade and investment events
Post-project analysis and support
Professional development workshops on business topics
Promotional materials for new markets and market expansion
Training plans
Capital assets
Capital costs
Implementation support
Leasehold improvements
Travel costs are limited to the lowest economy airfare, accommodation for a standard room and per diems are not to exceed the posted Government of Yukon rate.
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| Sustainable Canadian Agricultural Partnership (Sustainable CAP) | Grant | Commercial applicants: up to a maximum of 60 per cent of project costs, cumulative maximum of $125,000 over the lifetime of the program ($250,000 for major projects over $125,000) | Open |
| AgriScience Program – Projects | Grant, In-Kind Support | Up to $5 million per project and $10 million per applicant over the program's duration (2023 to 2028) | Open |
| Canadian Agricultural Strategic Priorities Program | Grant, Loan | AAFC contribution normally not exceeding $1 million per project, generally not more than $5 million over 5 years for each applicant | Open |
| Poultry and Egg On-Farm Investment Program | Grant | Non-repayable contributions of up to 70% of eligible project costs (up to 85% for young producers), limited to each producer's maximum funding amount based on their share of provincial quota/production | Open |
