Welcome to another edition of Ajah’s opportunity watch. This week we are looking at a few funders who promote economic development – specifically two government programs and a credit union to see how they can encourage economic opportunities in the communities they serve.

In Quebec the government put in place the ClimatSol program. Projects admissible for this program are meant to not only stimulate the economy but also to ameliorate the environment and reduce carbon gas emissions. Both organizations and individuals can apply for funding to the provincial government who has set 60 million dollars aside until March 2015. This program not only seeks to create jobs but the jobs created will help foster sustainable practices.

In Newfoundland and Labrador you can find the Cultural Economic Development Program which helps professional arts organizations stimulate sustainable economic development of the Province’s cultural resources. The program helps promote self-sustaining art activities, mainly in the cultural tourism industry and by doing so provides financial assistance to individual artists. The deadline for sector-based organizations is coming up on April 18, although small performance series can apply year round.

Finally, Affinity Credit Union, which has has over 40 branches in Saskatchewab, sponsors community groups, charities and organizations that require funding for various events, projects, and programs. Their aim is to contribute to community sustainability and stronger local economies by supporting initiatives that promote self-reliant approaches to community economic development. They fund a variety of projects including those related to health, social services, education, the arts and the environment.  The deadline for Community Development Funding is September 30, while sponsorships are available year round.

That is it for this week. We can help you find many more funders in your region with Fundtracker Pro if you need funding for economic development projects. To find out more you can contact us for a demo.