Strategic Investments in Northern Economic Development (SINED) - Partnership and Advisory Forums

Overview of the Strategic Investments in Northern Economic Development (SINED) - Partnership and Advisory Forums program:

Inclusive Diversification and Economic Advancement in the North (IDEANorth) makes foundational investments in economic infrastructure, sector development and capacity building to help position Northerners in the territories to take advantage of Canada's innovation economy. IDEANorth Is administered by the Canadian Northern Economic Development Agency (CanNor), and promotes economic development in the North in order to strengthen territorial economies and increase economic participation by Northerners; Replaces the Strategic Investments in Northern Economic Development (SINED) program to better align, advance, encourage, and support broader economic opportunities as well as the specific economic and business needs of each territory; Accepts project proposals through a combination of targeted calls for expressions of interest (EOIs) and a continuous intake process throughout the year; Allows for the use of both non-repayable and repayable Contribution Agreements, thereby expanding the funding mechanisms available to support the diverse needs of proponents.

Benefits of the Strategic Investments in Northern Economic Development (SINED) - Partnership and Advisory Forums program:

• Eligible expenditures may include, but are not limited to:
• Professional fees, such as technical, environmental, legal, project management, and business services.
• Incremental salaries and benefits are directly attributable to the project.
• Space and equipment rentals or purchases.
• Project feasibility studies.
• Research fees such as surveys, data acquisition, and research studies.
• Capital purchases/acquisitions (e.g. information technology, signage, machinery and equipment, renovations or upgrades, buildings, and engineering works).
• Travel, including meals and accommodations.
• Shipping costs.
• Translation Services

Eligibility criteria of the Strategic Investments in Northern Economic Development (SINED) - Partnership and Advisory Forums program:

• Eligible recipients
• You can apply to IDEANorth if you are:
• A registered organization (Indigenous and non-Indigenous) including social enterprises, businesses, other levels of government and other non-federal entities, public or private, that have an interest in economic development in the North.
• Priority will be given to applicants who can demonstrate proven capacity to deliver projects in the North and interest/engagement in territorial economic development.