Capital Investment Analysis

Program Overview

The Capital Investment Analysis program provides grant funding for the development of a comprehensive business case for a major building or infrastructure project to support an application to Northern Development’s Economic Diversification Infrastructure or Community Halls and Recreation Facilities funding programs, and/or decisions by other capital cost funders and financers. Such projects are expected to increase investment in the region and diversify the economy.

Preference is given to business cases that are focused on informing capital projects expected to result in significant job creation and construction spending within a two year period.

Results of studies developed through this program are made publicly available to assist others undertaking similar initiatives in the region.

A capital investment analysis should contain some or all of the following information types (depending on the size, timing, scale and availability of information):

  • Reference – project name/reference, origins/background/current state.
  • Context – business objectives/opportunities, business strategic alignment (priority).
  • Value proposition – desired business outcomes, outcomes roadmap, business benefits (by outcome), quantified benefits value, costs/ROI financial scenarios, risks/costs of not proceeding, project risks (to project and business).
  • Focus – problem/solution scope, assumptions/constraints, options identified/evaluated, size, scale and complexity assessment.
  • Deliverables – outcomes, deliverables and benefits planned, organizational areas impacted (internally and externally), key stakeholders, dependencies.
  • Workload – approach, phase/stage definitions (project (change) activities, technical delivery activities, workload estimate/breakdown, project plan and schedule, critical path).
  • Required resources – project leadership team, project governance team, team resources, funding.
  • Commitments (required) – project controls, reporting processes, deliverables schedule, financial budget/schedule.

Funding Terms

Up to $10,000 in grant funding to a maximum of 50% of the eligible project budget.

Apply for Funding

Please review all program documents in detail as incomplete applications will not be reviewed.

Complete application forms with all required attachments should be provided electronically to Northern Development by email. Email: info@northerndevelopment.bc.ca

Self-assessment tool

In an effort to assist you in determining if your application is qualified for funding, we have provided a self-assessment tool. The self-assessment tool has been created using Microsoft Excel. Please contact Northern Development staff to discuss your project in further detail.

Complete application forms with all required attachments should be provided electronically to Northern Development by email. Email:  info@northerndevelopment.bc.ca

Please contact Northern Development staff to discuss your project in further detail.

Phone : (250) 561-2525
Email:  info@northerndevelopment.bc.ca