Economic Development Trust shortlist of applicants announced
OHSWEKEN – Six Nations of the Grand River Economic Development Trust (EDT) has announced their shortlist list for 2018 community investment.
Shortlist presentations will take place on Sat. Nov 25 from 9:20 a.m. to 1:40 p.m. at the Six Nations Tourism Building.
At the presentations, applicants will provide clarification on specific points of their applications. Shortlist presentations are open to the public, and community members are invited to observe the presentations and learn more about the shortlisted proposals.
This year, a total of 25 applications were submitted with a total ask of just more than $8 million. From these applications, 17 applicants were deemed complete including 11 general applications and six grassroots applications. After the initial screening process by the EDT, eight general applications and six grassroots have been shortlisted. Successful recipients will be notified on Dec 8, 2017. Once recipients complete and return the funding agreements, they will then have from Jan 1 to Dec 1, 2018 to utilize the approved funds.
The Economic Development Trust is the mechanism by which surplus profits generated by Six Nations of the Grand River Development Corporation (SNGRDC) are invested back into the Six Nations Community for the collective benefit of its members.
Since SNGRDC’s creation in May 2015, just more than $7 million has been distributed to the EDT for community investment in 2016, 2017 and 2018.
For more information or to view a complete list of shortlisted applicants and presentation times visit: www.sndevcorp.ca/trust.