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Feasibility Studies

Program Overview

The Feasibility Studies program provides up to $20,000 in grant funding for municipalities, regional districts, First Nations bands, and registered non-profit organizations via Northern Development’s six (6) principal Trust Accounts: the Regional Development Accounts (Cariboo-Chilcotin/Lillooet, Northeast, Northwest, and Prince George), the Cross Regional Account, and the Pine Beetle Recovery Account to undertake feasibility study projects. Projects must be focused on feasibility studies that demonstrate a strong business case for an major infrastructure project that is generally aligned with Northern Development’s Economic Diversification Infrastructure funding program.

Features and Benefits of the program:

Provides grant funding for development of a comprehensive business case to support an application to Northern Development’s Economic Diversification Infrastructure program, and/or capital cost financers.
Preference is given to feasibility studies that are focused on informing capital projects expected to result in significant job creation and substantial new revenue generation.
Results of studies are made publicly available to assist others undertaking similar initiatives in the region.
Time sensitive approval process for complete and well documented applications.

Objectives

To assess the business case and feasibility for economic diversification infrastructure.

Apply For Funding

Prior to submitting an application for funding, please review the Application Guide and following documents in detail. Please note that only complete Application Forms will be accepted.