Summary of Provincial Budgets 2024: Ontario & Quebec
Provincial governments are slowly unveiling their provincial budgets outlining fiscal strategies ...
Discover the Northern Industries Innovation Fund Program (NIFF) with Leyton! In this series of monthly videos, our consultant team will help you discover specific government grants available in Canada, and share key details.
For this episode, our Senior Government Grants Consultant, Antoine Giroir, will go through the NIFF Program, and explain how this program can support Northern provinces in British Columbia and increase their innovation.
This video has been recorded in English.
The Northern Industries Innovation Fund (NIIF) program provides incremental funding to support innovation projects that increase the competitiveness of local businesses in traditional industries across Northern B.C.
The Northern Development Initiative Trust region is divided into four principal regions*:
The NIIF supports:
Some examples:
The program is also intended to support economic diversification and/or viability of businesses to mitigate the economic impact of the pine beetle epidemic.
Priority is given to companies operating in the regions most impacted by the pine beetle epidemic.
The program offers a rebate of up to 50% to a maximum of $50,000 per project and the applicant must contribute a minimum 10% of the project budget.
Eligible Costs:
Northern Development will accept Northern Industries Innovation Fund applications on a continuous basis until the annual budget is committed. Northern Development’s fiscal year is from January to December.
At Leyton, we constantly monitor grant programs to let our clients know what is available to them in a timely fashion and we’ll inform you of any updates.
If you wish to learn more information about this grant and how we can help you apply for it, contact one of our experts today!
Antoine Giroir has a master’s in International Relations with experience in European project management and proposal writing. He has worked with researchers and entrepreneurs on various topics, from sustainable development to oncology targeting, in the European Union, the United States of America, and the People’s Republic of China. He is now helping Leyton’s clients leverage public funding (federal and provincial) to achieve their objectives while lowering the financial risks.
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