Yukon Support Economic Growth and Diversification Fund: Tier 2 Grant

The Yukon Support Economic Growth and Diversification Fund - Tier 2 aims to foster economic development by funding projects that enhance business innovation, sustainability, and planning. This initiative supports eligible Yukon businesses, First Nations, and nonprofit organizations in their efforts to diversify the economy and boost competitiveness. Key activities include business planning, market research, and professional development. The fund replaces previous economic development programs to streamline support for Yukoners and their communities.

Yukon Support Economic Growth and Diversification Fund - Tier 2
Apply for funding to support economic growth and diversification
The Economic Development Fund supports projects and initiatives that provide long-term, sustainable economic benefits to Yukoners and Yukon communities.
This fund replaces the Regional Economic Development Fund, Strategic Industries Development Fund and Enterprise Trade Fund.
Eligible projects include those that:

• support business innovation, sustainability and planning;

encourage economic diversification through market support; and
increase business competitiveness through capacity and capital development.

Eligibility

Who can apply:A Yukon business that meets 3 of the following conditions:has an office with a physical address in Yukon; is subject to the Yukon Income Tax Act; is registered under the Business Corporations Act and the Partnership and Business Name Act, where applicable; or has a valid municipal business license, where applicable.Yukon First Nation governments; Yukon First Nation development entities (corporation, partnership, joint venture or trust); Yukon municipal governments; Community societies or industry associations that:are registered under the Yukon Societies Act and are in good standing; are open to public membership; can demonstrate clear interest in seeking to improve Yukon’s economic development; andNot-for-profit corporations incorporated under the Canada Not-for-profit Corporations Act.Examples of eligible activities:Business plans Marketing plans Organization and promotion of marketing and investment events Leasehold improvements Travel costs are limited to the lowest economy airfare, accommodation for a standard room and per diems are not to exceed the posted Yukon government rate.

Ineligibility

Ineligible expenses:Capital expenditures for equipment that is readily movable and suitable for personal use such as computers, power tools, musical instruments, etc. unless it is deemed integral to the success of the project; Costs incurred before any project approval decisions, including volunteer time such as board time. Costs incurred for cancelled projects; Expenditures made prior to the project being approved for funding; Financing charges, legal fees, and loan interest payments, including those related to easements (e.g. surveys); Land acquisition; Leasing equipment other than equipment directly related to the project; Leasing payment on land, buildings and other facilities; Operation and maintenance costs, except as provided for under Eligible Expenditures; Projects that fall under the normal responsibility of a Government of Yukon department, municipal authority, or First Nation or federal government; Initiatives eligible under the Performing Musicians Fund; Provincial/Territorial sales tax, goods and services tax or harmonized sales tax; or Real estate fees and related costs.