The Innovative Communities Fund (ICF)

The Innovative Communities Fund (ICF) supports projects that build the economies of communities in Atlantic Canada. Through the ICF, the Atlantic Canada Opportunities Agency (ACOA) works with communities to find opportunities for growth. We invest in initiatives that lead to long-term employment and a stronger local economy. The fund enables communities to: +develop thriving industry sectors +strengthen infrastructure in rural areas +invest in projects to help communities overcome economic issues and take advantage of new opportunities ACOA also fosters economic development in communities facing specific circumstances. Through the ICF, the Agency supports community projects undertaken by Indigenous groups and non-profit organizations in official language minority communities (OLMCs).

Grant Deadline

Deadline not available

Funding Amount

$10,000,000 _{Investments under the ICF do not have to be repaid. The amount we provide is based on the level of funding each project needs to proceed. +The highest investment an organization received through the program was $9,977,545 provided to Funding Trail Development Authority Inc.in St. Martins, NB.}

Type of Grant

Funding

Sectors

All Sectors

Demographics

Incorporation

For Profit

Perks

Region Restriction

This grant is restricted to whole of Canada This grant is restricted to whole of Canada This grant is restricted to whole of Canada This grant is restricted to whole of Canada

Keywords

Age Restriction

This grant is age restricted from 18 to 100

Eligibility and Requirements

Eligible recipients include:

• non-commercial and non-profit organizations
• Indigenous bands and Indigenous-controlled non-profit entities
• co-operatives and local development associations
• municipalities and their agencies
• educational institutions
• industry or sector associations

To be considered for ICF funding, your project proposals must:

• Clearly explain links and partnerships within the community
• Address challenges and opportunities in your area
• Have the potential to lead to economic growth
• Be over and above your regular activities
• Have a clear end date
• Show that you have the skills and resources needed to manage related activities

Grant Application website

https://www.canada.ca/en/atlantic-canada-opportunities/services/innovative-communities-fund.html?utm_source=bbf-orae&utm_medium=website&utm_campaign=FTF&utm_term=business_benefits_finder-outil_recherche_aide_aux_entreprises

Contact

Call 1-888-576-4444