Jobs and Growth Fund (JGF) in the Prairie Provinces

By mmuise
Description:

The Jobs and Growth Fund provides funding to businesses and organizations to help create jobs and position local economies for long-term growth.


Comments on Funding:

1. The maximum funding available for a project is $10 million.
2. Eligible businesses can receive interest-free repayable funding for up to 50% of eligible costs. Other sources of funding (government and non‑government) must be confirmed at the time of application.
3. Eligible not-for-profit organizations can receive non-repayable funding for up to 90% of eligible costs. Not-for-profit organizations proposing to undertake commercial projects will be considered businesses for the purpose of the program.
4. Stacking of government funding (from all 3 levels of governments) is limited to up to 75% of eligible costs for businesses / commercial projects.
5. In exceptional cases, Indigenous clients can receive funding for up to 100% of eligible project costs.

Deadline: Intake closed.
Eligibility:

Applicants must be:

  • businesses (excluding Sole proprietorships);
  • not-for-profit organizations and community economic development partners, including municipalities, post-secondary institutions, provinces and related entities and Indigenous organizations.
  • Indigenous-led organizations and/or businesses are strongly encouraged to apply.
Application Steps:

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Documentation Needed:

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Other Things to Note:

1. Applications will be accepted on a continuous basis until funding is fully allocated, or until March 31, 2024, whichever comes first.
2. Incremental costs that are essential to the project may be eligible for reimbursement. For example: capital costs (equipment, machinery), labour (wages, benefits), marketing, costs related to intellectual property, technology development and commercial demonstrations, and professional, advisory, technical services.

About the author
mmuise