Business Training & Capacity Building
This program will provide rebate funding to support new projects or campaigns that provide Business Training and Capacity Building to community businesses.
Such projects may include, but are not limited to:
financial literacy
marketing
business plan development
social media marketing
risk management
accounting
Management skills
Leadership development
Board Development
Financial literacy
Succession planning
Human Resource Management
Funding Terms
Eligible Costs
Hard costs directly related to facilitators and trainers.
Hard goods (training manuals, textbooks, etc)
Course Costs
Marketing cost of training course to a maximum of $250.00
Ineligible Costs
GST and PST
Costs incurred (work started and/or deposits paid) prior to signing an agreement with Indigenous Business Development Services
Operational costs and staff wages
Alcohol
Postage(including for direct mail campaigns), phone office space rental, photocopying, or in-house printing
Incentives, promotional items, giveaways, prizes and merchandise for resale
Project cost over-runs
In-kind (volunteer) labor and/or monetized donations (donated materials, equipment, or services from third parties). These are encouraged, but cannot be considered as a cash equivalent contribution under this program.
Application Intake Date
Open until the end of the March 31, 2019.
Application and Program Requirements
All applicants are required to confirm and/or submit the following information. Only applicants that meet these requirements will be processed.
Complete the IBDS Business Training and Capacity Building Initiatives Form
The project must be located within the applicants respective community or region
A detailed budget for the Business Training and Capacity Building initiative, including supporting quote(s)
Identify other project funding sources in addition to IBDS funding, include the verification of approval
Certificate of Incorporation (if applicable)
Submit the Appointment of Delegate Form
Reporting
All business training & capacity building initiatives supported by Indigenous Business Development Services must be evaluated and verified following the completion of the project prior to releasing funding. A project is considered complete once the training program is concluded and all related expenses have been invoiced. Reporting on measurable outcomes will be required from all successful applicants approximately one month after project completion. If an applicant fails to submit their reporting forms, future projects will be ineligible for funding. Late reporting will put the IBDS funding in jeopardy. A 10% fee will be applied to the last payment if the report is not submitted on time.