EDT announces $1.7 million for community investment
OHSWEKEN – With more than $5 million invested to date, the Six Nations of the Grand River Economic Development Trust (EDT) is excited to announce more than $1.7 million will be available for community investment in the 2018 calendar year.
The EDT has been investing in the collective betterment of the Six Nations Community since September 2016 and is fueled by an annual distribution of surplus profits generated by the Six Nations of the Grand River Development Corporation (SNGRDC) from three revenue streams 1) Nation Enterprise, which are on reserve business assets; 2) Economic Interests, which include 14 renewable energy projects; and 3) Joint Partnerships, such as A6N a utilities based construction company.
Applications for the 2018 calendar year will be available on the SNGRDC website starting August 28. In an effort to reduce the number of late or incomplete applications, the EDT has introduced a new process for 2018, which will allow applicants to submit their completed applications via email by October 4 at 4 p.m. for initial screening by an EDT representative. An email will then be sent to each applicant by October 6 with a detailed list of what is missing or incomplete. Applicants will then have until the hard deadline of October 13 at 4 p.m. to gather their missing documents for submission.
“The ultimate intent of the Economic Development Trust is to fund projects that will collectively benefit our community for years to come,” said Rachel Martin, Chair of the EDT. Throughout the past two years the EDT has funded projects such as the replacement or enhancement of existing equipment, architectural plans and mechanical drawings for infrastructure development, and new equipment purchases for essential services.
This year, the EDT has requested applicants to submit one project application per organization, as a means to clearly determine the organization’s funding priority. Applications are reviewed in accordance with the Six Nations Community Plan, the Statement of Community Needs and Priorities and the Economic Development Trust Distribution guidelines. A shortlist of applicants will be announced by November 9 with a final list of successful recipients released by December 8, 2017. All approved funds must be utilized between January 1, 2018 and December 1, 2018.
For more information, please visit: www.sndevcorp.ca/guidelines-applications