FRWIP — Water Development Projects
Highlights
This program is designed specifically for businesses like yours in Saskatchewan, aiming to secure vital water infrastructure for agricultural purposes. By applying, you can access up to $150,000 in funding, providing a 50% rebate on pre-approved project costs. This can significantly reduce your financial burden while you work on essential projects like well drilling, dugout excavation, or pipeline installation.
The funding isn't just financial support; it also contributes to sustainable agricultural practices within your community. Having a reliable water source is crucial for the success of your operations. By being approved for this funding, you’ll not only secure your growth but also ensure that you are equipped for the long term. Plus, with no restrictions on employee numbers or revenue, this opportunity is accessible to all types of businesses in Saskatchewan. Take this chance to enhance your water infrastructure and focus on what you do best—growing your business.
Financing Details
The financing offered is a grant that provides a 50% rebate on pre-approved project costs. This means if you qualify, you can receive half of your costs back after completing the approved project. The maximum payment is $150,000 per applicant over a five-year term from April 1, 2023, to March 31, 2028.
Eligible Expenses
Eligible expenses for this program include costs for activities such as:
- Well drilling
- Dugout excavation
- Pipeline installation
Restrictions and Fees
Funds cannot be used for any expenses not directly related to the approved project activities above. There are no application fees associated with this program, making it accessible for business owners focused on improving water infrastructure.
Qualifications
- Location: Must be based in Saskatchewan.
- Sectors: Open to all sectors.
- Employees: No minimum or maximum employee requirements.
- Revenue: No minimum or maximum revenue requirements.
- Legal Structure: Open to all legal structures.
- Profit Structure: Open to all profit structures.
Disqualifications:
- None specified.
Description
This program is a great chance for your business to secure reliable water sources essential for agricultural operations in Saskatchewan. You can access up to $150,000 as a 50% rebate on pre-approved costs related to critical community water projects. This might include well drilling, dugout excavation, or pipeline installation.
The funding is available from April 1, 2023, until March 31, 2028, giving you a generous timeframe to complete your projects. There are no restrictions on employee numbers or revenue, which means all businesses in Saskatchewan can benefit.
Not only does this support help enhance your water infrastructure, but it also promotes sustainable agricultural practices in the community. This funding can lighten your financial load and help you focus on growing your business while ensuring you have secure water access for years to come.
Program Steps
Identify Your Project
Determine the specific community water project you want to undertake, such as well drilling, dugout excavation, or pipeline installation.Prepare Documentation
Gather the necessary documents for your application:- A detailed project plan outlining the scope and objectives.
- Cost estimates from contractors or suppliers for the proposed work.
- Proof of business registration in Saskatchewan.
- Any environmental assessments or permits required for the project.
- Photographic evidence of the current water situation (if applicable).
Complete the Application Form
Fill out the application form available on the program website. Ensure all required fields are completed accurately.Submit Your Application
Send your completed application and all documentation to the designated program office. Verify that you have included everything to avoid delays.Await Notification
Once your application is submitted, wait for a confirmation of receipt and the subsequent review process.Follow Up
If you do not hear back within a reasonable timeframe, reach out to the program office for updates on your application status.Receive Funding
If approved, review the funding agreement and ensure you understand the terms. Then, receive the rebate once your project meets the necessary criteria.
