Community Development Fund
Highlights
This program is designed for businesses like yours to support projects and events that bring long-term benefits to Yukon communities. You can receive funding for up to 90% of your project costs, making it easier to undertake new construction, renovations, skill development, and more.
What You Get
- Tier 1: Up to $20,000
- Tier 2: $20,001 to $75,000
- Tier 3: Over $75,000
Benefits
- Economic Gains: Generate local spending and create jobs.
- Skill Development: Enhance knowledge and experience.
- Community Impact: Strengthen social networks and build partnerships.
Applying is straightforward. Contact a Community Development Fund advisor to check eligibility, complete the application, and submit it before the deadline. This funding can significantly boost your business and community, making it a valuable opportunity.
Financing Details
Type of Financing: Grant
Repayment Terms:
- No repayment required. This is a non-repayable grant.
Eligible Expenses:
- New construction projects
- Renovations, restorations, and other physical improvements to buildings or lands
- Knowledge or skill development
- Research and planning
- Programs and events
Ineligible Expenses:
- The funds cannot be used for operational costs such as salaries, utilities, or ongoing maintenance.
- The funds cannot be used for projects that do not provide long-term, sustainable economic and social benefits to Yukon communities.
Fees:
- There are no fees associated with applying for or receiving this grant.
Qualifications
- Must be a registered non-profit society.
- Must be a not-for-profit corporation incorporated under the Canada Not-for-Profit Corporations Act based in Yukon.
- Must be a charitable organization.
- Must be a municipal or First Nations government.
Must be a First Nation development corporation undertaking community-level initiatives.
Disqualifications:
- For-profit businesses.
- Organizations not based in Yukon.
- Projects or events that do not provide long-term, sustainable economic and social benefits to Yukon communities.
Description
The Community Development Fund (CDF) offers your business a chance to get funding for projects, events, and initiatives that benefit Yukon communities. You can receive up to 90% of your project or event costs, with funding tiers ranging from $20,000 to over $75,000.
Eligible uses for the funds include:
- New construction projects
- Renovations and restorations
- Knowledge or skill development
- Research and planning
- Programs and events
This funding can help your business by creating economic benefits like generating local spending, creating jobs, and building infrastructure. It also supports social benefits such as strengthening community networks and partnerships. This program is designed to support the long-term well-being of Yukon communities, making it a valuable opportunity for your business to grow and contribute positively to the community.
Program Steps
Contact a Community Development Fund Advisor:
- Reach out to a Community Development Fund advisor to confirm your project's eligibility.
- Email: [email protected]
- Phone: 867-667-8125 or toll-free in Yukon 1-800-661-0408, extension 8125.
Prepare Documentation:
- Gather the necessary documents for your application:
- Detailed project or event description.
- Budget breakdown and financial plan.
- Proof of your organization's status (e.g., non-profit, charitable).
- Letters of support from community partners.
- Any previous funding reports if applicable.
- Gather the necessary documents for your application:
Complete the Application Form:
- Fill out the application form with all required information.
- Ensure all sections are completed accurately.
Submit Your Application Before the Deadline:
- Ensure your application is submitted by 4:30 p.m. on the deadline date.
- If the deadline falls on a weekend or holiday, submit by 4:30 p.m. on the next business day.
- Submission methods:
- In person: 303 Alexander Street, 2nd floor, Whitehorse (Monday to Friday, 8:30 a.m. to 4:30 p.m.)
- Email: [email protected]
- Fax: 867-393-7018
- Mail: Government of Yukon Community Development Fund (F-1) Box 2703 Whitehorse, Yukon Y1A 2C6
Await Review and Approval:
- The Community Development Fund team will review your application.
- They may contact you for additional information or clarification.
- You will be notified of the decision once the review process is complete.
Receive Funding and Begin Your Project:
- If approved, discuss the final terms and conditions.
- Receive the funding and start your project or event as planned.
- Ensure to keep records and receipts for all expenditures related to the project.
Submit Final Report:
- After completing your project or event, submit a final report detailing the outcomes and benefits.
- Include financial statements and proof of expenditures.
- This step is crucial for compliance and future funding opportunities.