Total Development Fund
no fixed amount
New Brunswick
Description:
The Total Development Fund (TDF) supports provincial priorities as well as sector/industry-wide initiatives that optimize development, improve productivity, accelerate growth, and/or enhance competitiveness across key sectors/industries.
Comments on Funding:
Level and Type of Assistance
Through the TDF, the Regional Development Corporation may assist in the form of a
non-repayable contribution at the following levels:
• up to 100% to provincial government departments in support of strategic initiatives that have sector-wide impact.
• Up to 40% of provincial contribution towards eligible expenditures with a maximum of 50% under extenuating circumstances to non-profits, municipalities, Regional Service Commissions and First Nation governments.
• Up to 20 % provincial contribution (with exceptions of up to 35% under extenuating circumstances) towards eligible expenditures in all other projects.
• Funding commitments for individual initiatives will not exceed three fiscal years
Continuous Intake
Eligibility:
Applicants must be:
1. Incorporated Legal entities such as a not-for-profits or for profits, municipalities,
Regional Service Commissions, First Nations.
a. The for-profit organization must qualify under federal-provincial agreements requiring a provincial contribution.
b.The project is a key sector, regional or provincial priority as identified and supported by the appropriate GNB Department or Agency (examples: strategic economic or tourism infrastructure requests that will increase development and/or competitiveness, pre-commercialization projects, or market development initiatives).
2. Post-secondary and research Institutions; and
3. Provincial government departments and Crown corporations
Application Steps:
Applicants must contact the Regional Development Corporation by email at RDC-SDR@gnb.ca
(506) 453-2277
Documentation Needed:
No specific documentation has been identified
About the author
Maurice