Innovative Renewable Energy Initiative (IREI)

Amount:

$500,000

Type:

Grant

Description:

The Yukon Development Corporation is helping to increase the supply of renewable energy and reduce diesel consumption in the Yukon.
The Innovative Renewable Energy Initiative provides funding for community-led renewable energy projects.

Comments on Funding:

Funding covers up to 75 per cent of eligible expenses with a maximum of $500,000 per project.
Applicants must cover the remaining 25 per cent of expenses, which can include:

a) own-source funds;
b) third-party contributions; or
c) in-kind contributions (up to 10 per cent of the applicant’s share).

Deadline:

Continuous Intake

Eligibility:

Applicants must be:

1. Municipal governments;
2. First Nations governments;
3. First Nations development corporations;
4. Community societies or associations;
5. Yukon-based businesses;
6. Working on projects that generate electricity, heat energy or decrease demand on the grid and be based in the Yukon. It must also use proven technology from renewable sources such as:
a) photovoltaic solar panels;
b) solar thermal collectors;
c) wind turbines;
d) biomass;
e) gasification; and
f) run-of-river hydro.

Application Steps:

Applicants must:

1. Contact Sara Davis by email irei@yukon.ca or phone 867-332-4944.
2. Fill out the application form.
3. Submit the form and required documents.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

They may give preference to projects that will lower greenhouse gas emissions. Being eligible for and applying to the fund does not guarantee that they’ll accept your application.

Link Guide:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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