The JEDI Aboriginal Development Fund (JADF) is a tool that enables JEDI to promote economic development in the First Nation communities of New Brunswick.  The JADF will provide funding to entrepreneurs/existing businesses and communities to support business and community economic development planning.  Please note that this is a pilot project with limited funding, and applications will be assessed on a first come, first serve basis.

 

The JADF will provide financial support for economic and business/entrepreneurship development initiatives that are of strategic importance to JEDI as outlined below:

 

A) Community Economic Development Plan

(Maximum contribution of up to 50% of total planning costs, JADF not to exceed $5,000)

 

B) Business and Entrepreneurship Development

• Business plans (start-up or expansion)
• Marketing plans
• Management training
• Mentoring programs and business support
• Seminars and workshops on specific business topics
• Entrepreneurship development

(Maximum contribution of up to 50% of total planning costs, JADF not to exceed $2,500)

 

Note: No costs are to be incurred until JADF approval.

 

Eligible costs do not include:

• Regular salaries and expenses
• Cost of management, administration, communications or evaluations of the proposed initiative
• The cost of land, general use of vehicles and vessels, or inventory costs
• Costs incurred prior to date of receipt of the proposal by JEDI Inc.
• Conference attendance

 

JEDI Inc. is looking forward to assisting entrepreneurs and communities through the JADF.  For more information on the application process, please contact the Joint Economic Development Initiative at the coordinates listed below.

 

Mike Hennessey

JEDI Economic Development Officer

Phone: 506-444-8197

Email: mikehennessey@nbawes.ca