Friday, June 8, 2018

5th Intake of BC Rural Dividend

Courtesy of the Government of BC:

Applications for funding in the fifth intake of the BC Rural Dividend program will be accepted June 1 to July 31, 2018.

This is the only application window for 2018-19.

“I encourage local governments, First Nations and not-for-profit organizations to get their applications submitted as soon as possible,” said the Hon. Doug Donaldson, Minister of Forests, Lands, Natural Resource Operations and Rural Development. “We’re already seeing the positive effects of Rural Dividend funding from previous intakes. Around the province, strong projects are helping to boost rural economies and create sustainable jobs.”

Single applicants can apply for up to $100,000 for community-driven projects and must contribute at least 20% of the total project cost. Partnerships, involving an eligible applicant and at least one eligible partner, can apply for up to $500,000 and must contribute 40% of the total project cost.

A project development funding stream will provide up to $10,000 to help communities with limited capacity build business cases and feasibility assessments that are needed to develop strong projects and support the development of future project applications.

Under the BC Rural Dividend program’s special circumstances allowance, rural communities facing economic hardship may be eligible for funding.

Projects will be assessed and approved based on the following criteria:

Rural communities most in need
Improved community resiliency and economic strength
Partnership building and enhanced shared prosperity
Project feasibility and sustainability
Economic impact on rural communities
Attracting and retaining youth
Innovation in economic development

The fifth intake program guide and detailed instructions on how to apply are available now on the BC Rural Dividend website:

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