Total Development Fund
Support for sector and industry-wide initiatives that optimize development, improve productivity, accelerate growth, and/or enhance competitiveness.
Offered by Regional Development Corporation (RDC)
Amount
Non-repayable contribution: up to 20 % provincial contribution (with exceptions of up to 35% under extenuating circumstances) towards eligible expenditures in all other projects; up to 40% of provincial contribution towards eligible expenditures with a maximum of 50% under extenuating circumstances to non-profits, municipalities, Regional Service Commissions and First Nation governments; up to 100% to provincial government departments; funding commitments not to exceed three fiscal years
Quick eligibility check
Who can apply
The fund is available to:
- Incorporated Legal entity such as a not-for-profit or for profit, municipalities, Regional Service Commissions, First Nations
- Post-secondary and research Institutions
- Provincial government departments and crown corporations
Projects supported with this fund must be linked to a regional or government priority and/or a departmental strategy and be able to demonstrate an economic benefit to the applied sector/industry or to the province in:
Increased efficiency and productivity
: Increased adoption and adaption of new and innovative practices and technology by the private sector.
Strategic infrastructure
: Support infrastructure initiatives that increase development and competitiveness in key sectors.
Research and development
: Emphasis will be on applied research that focus on commercial objectives regarding products or processes for the benefit of the sector being targeted.
Strategic sector initiatives
: Support government priorities of the day as recommended by line departments and government.
RDC may consider non-repayable requests from for-profit organizations under the following circumstances:
- The for-profit organization qualifies under federal-provincial agreements
requiring a provincial contribution.
- The project is a key sector, regional or provincial priority as identified and
supported by the appropriate GNB Department or Agency (examples: strategic economic or tourism infrastructure requests that will increase development and/or competitiveness, pre-commercialization projects, or market development initiatives).
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| Advanced Manufacturing Technology Assessments | Grant | Up to $50,000 | Open |
| Advancing Agri-Food Processing: Food Processing and Manufacturing Process Efficiency and Analysis | Grant | Primary producers: up to 30-50% of eligible costs to a maximum of $50,000 | Open |
| Apple Industry Development Program | Grant | Element A: up to $11 per supported tree (with a permanent support stake), up to $15 per trellis supported tree and up to $5 per top grafted tree | Open |
| Cranberry Industry Development Program | Grant | Flat rate of $10,000 per acre, to a maximum of five acres, for bed renovation or new bed construction. 50% of the eligible costs of rooted plugs, to a maximum of $9,000 CAD per acre for up to five acres. 50% of the eligible cost of non-rooted cuttings, to a maximum of $5,000 CAD per acre for up to five acres. 50% of eligible costs, to a maximum of $30,000 per applicant, for equipment and technology and for pond expansion. Maximum contribution of $50,000 per applicant per year. | Open |
