2022 Applications are now closed.

Local municipalities and First Nation governments in the Saskatoon Region embarking on economic development initiatives can access up to $10,000 for their projects through the SREDA Regional Economic Development Revitalization Grant.

Designed to support the local economy, the grant will invest a total of $15,000 back into the Saskatoon Region to help communities with economic development related projects.

Eligibility

Successful projects will fit into one of SREDA’s six focus areas:

1. Regional Collaboration – working collaboratively with neighbouring municipalities and Indigenous communities to encourage growth and cooperation.
2. Indigenous Economic Development – developing Indigenous economic reconciliation strategies to foster economic inclusion.
3. Economic Intelligence – providing insights and analysis on the local economy to help find market gaps and determine areas for growth.
4. Business Attraction – attracting new businesses by means of marketing and providing support resources.
5. Business Expansion – helping existing businesses to grow and thrive via incentives, research and support.
6. Entrepreneurship – assisting residents with starting their own business by providing small business services, research and expertise.

To be eligible for the Revitalization Grant, applicants must:

• Be a Municipality or First Nation government located within the Saskatoon Region
• Be a SREDA Regional Member at the time funds are dispersed (March 2022)

Preference may be given to:

• Projects that have yet to commence
• Projects with total estimated costs under $100,000
• Projects that include Indigenous partnership, engagement or other actions taken towards the TRC Calls to Action

Ineligible projects include:

• Ongoing operational costs (salary, food & beverage, utilities, rent, etc.)
• Municipal equipment (grader, mower, computer, etc.)
• Road repairs

If you are unsure whether your project qualifies for the grant, please contact Kristen Johannesson.

Successful Applicant Requirements

The successful grant winners must submit a project report or presentation to SREDA upon the project’s completion. The project report or presentation shall include:

• Brief description of the project
• How the grant money was used
• Project outcome (expected and achieved)
• How the project benefitted the wider Saskatoon Region
• Next steps

Grant winners must also recognize SREDA’s contribution on their website, social media and/or at their council meetings.

Important Dates

• January 19, 2022 – Applications open
• February 8, 2022 (11:59 PM) – Applications close
• March 22, 2022 – Recipients announced (at SREDA Regional Committee Meeting)

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