Export, Innovate, Invest - The Canadian Trade Commissioner Service
Invest Canada - Community Initiatives
As one of the many tools under Canada’s Global Markets Action Plan (GMAP), the Invest Canada – Community Initiatives (ICCI) program provides financial support to communities for their foreign direct investment (FDI) initiatives and activities. Launched in November 2013 after extensive consultations across Canada, GMAP focuses on Canada’s core strengths in priority markets through bold trade policy and vigorous trade promotion at home and abroad.
The Invest Canada-Community Initiatives (ICCI) program provides support to Canadian communities seeking to improve their capacity to attract, retain and expand FDI in order to create jobs for Canadians, support innovation and increase exports.
For the purposes of the ICCI program, FDI refers to international businesses establishing or expanding operations in Canada. The ICCI program does not fund initiatives related to mergers and acquisitions, investments from other parts of Canada, trade or export. The program supports non-profit and public-private partnerships at the local community level. The initiatives supported by the program must focus on supporting the attraction, retention, and expansion of foreign direct investment through specific types of activities. Non-repayable contributions range from $3,000 to $300,000, and agreements are made for a one-year period, from January 1 to December 31. ICCI provides reimbursement of up to 50 percent of eligible expenses. If an applicant accesses other federal government support, the total federal support cannot exceed 50 percent.
The program will be accepting applications for 2015 starting September 30 – November 7, 2014. Note that changes have been introduced to facilitate the application process. Please read How to Submit an Application for Funding for information on the new process. If you are planning on submitting an application for 2015, you are encouraged to begin the process of registering your organization as soon as possible.
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