The CEDP application period officially opened on August 15, 2016. Applications will be accepted on an open, continuous basis subject to availability of funds and not beyond the end of the program in December, 2018. Please note, however, that Northumberland CFDC will begin to review applications effective September 1, 2016.
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Collaborative Economic Development Projects (CEDP)
We provide $100,000 in funding to approved applicants for projects that invest in innovation capital and which will lead to business growth, job creation and economic diversification in Eastern Ontario—with benefits to multiple communities.
Collaborative Economic Development Projects (CEDP) will galvanize innovation capital investment across Eastern Ontario with a high emphasis on catalyzing the private sector and industry-led consortia to invest in projects that will directly result in business growth, job creation and economic diversification.
The intent of CEDP is to help trigger investment decisions that will strengthen innovation across Eastern Ontario and kick start new economic activity. CEDP can unlock the will and determination of Eastern Ontario’s industrial leadership to invest in emerging technologies, productivity enhancements, globally competitive business practices, new product development and skilled workforce development on a pathway to business growth, expansion and profitability.
CEDP projects approved for funding will demonstrate benefits to multiple communities and promote broad-based collaborative economic development leading to a competitive and diversified economy, while contributing to the successful development of business/job opportunities and prosperous communities.
Matching non-repayable performance-based contributions will be made to CEDP recipients in the form of 50% reimbursement of eligible and approved costs ($100,000 for for-profit recipients and not normally in excess of $500,000 for not-for-profit recipients—as determined by current FedDev Ontario funding guidelines).
All proposed projects must be strategic and deliver measurable, sustainable impacts primarily in terms of job creation/maintenance, business growth, investment and regional economic prosperity.
Northumberland CFDC may withhold up to 10% of the total approved CEDP contribution amount until:
- the project is complete
- all conditions of the agreement have been satisfied
- a final report has been submitted to the satisfaction of Northumberland CFDC
- any site visits or audits are complete, and
- the final CEDP claim has been approved.
Eligible Project Activities
Eligible activities of EODP Collaborative Projects fall into three main categories.
1. Expansion of Economic Assets (capacity building) includes:
- Industry cluster development and expansion
- Labour market development (skills gap analysis, skills development, worker transition)
- Strategic planning and research studies
2. Business Development and Growth includes:
- New business development
- Training & mentoring
- Business startups
Existing Business (growth-oriented innovative SMEs), eligible activities include:
- Productivity enhancements (information and communications technologies, energy, new technologies, productivity assessments)
- Market diversification
- Innovation/product development (research and development)
- Succession planning
3. Business Infrastructure
- Business Incubators
- Supply chain analysis and development.
Labour, Expertise, Capital, Non-capital. Costs may only be deemed eligible if they are incurred on or after the date of submission of a complete application to CEDP.
Ineligible and/or Unsupported Costs
Any costs determined as core operating expense, not reasonable, not incremental, and/or not directly related to the eligible project activities;
- Costs incurred prior to the eligibility date as defined in the FedDev Ontario Contribution Agreement;
- Any cost that is ineligible under the FedDev Ontario’s terms and conditions and program policies;
- Costs associated with the development of basic websites; and
- Municipal infrastructure.
CEDP Funding Priorities
CEDP will prioritize funding for three targeted client segments (listed in order of emphasis):
- Advanced Manufacturing and Industrial SMEs (for-profit);
- Innovation-Driven Enterprise (for-profit);
- Industry-led Fourth Pillar Organizations (not-for-profit).
CEDP priority sectors are (in no particular order):
- Advanced Manufacturing;
- Clean Tech/Bio Tech;
- Transportation and Logistics;
- Agri-food and Food Processing; and
- General technology.
Additionally, CEDP priority pathways for economic development are:
- Youth; and
Applicant CEDP project proposals that reflect these targeted client segments, priorities and pathways will likely have a higher approval rate.
The Application Process
Submit your application via Reviewr, our online platform
2. Due Diligence
Northumberland CFDC Staff carry out review, due diligence and project development
3. Panel Review
Evaluation by Eastern Ontario industry led Collaborative Innovation Panel
4. Committee Review
Community Economic Development Committee Review and Recommendation to Board of Directors, Northumberland CFDC
5. Accept or Decline
Decision by Board of Directors, Northumberland CFDC (Accept or Decline). Applicants notified normally within 6 weeks of date of application
Applications are accepted on an open, continuous basis. Decisions are normally made within 6 weeks after the date of submission of complete applications. Northumberland CFDC reserves the right to extend the review and due diligence period where applicable and in order to receive and evaluate any additional documentation and substantiation. All information submitted by applicants to Northumberland CFDC must be true, accurate, correct and complete, to the best of the applicant’s knowledge and belief.
How long does it take for a decision to be made on my application?
CEDP applications are accepted on an open, continuous intake basis until December 2018 and subject to availability of funds. Normally, applicants will be notified of decision within six weeks of submission of a complete online application.
What qualifies as “Eastern Ontario” for the purposes of applicant eligibility?
Eligible project recipients will significantly impact rural Eastern Ontario.
“Eastern Ontario” is defined by FedDev Ontario as the following 2006 Statistics Canada Census regions, and Census subdivisions: 1) Stormont Dundas & Glengarry; 2) Prescott and Russell; 7) Leeds and Grenville; 9) Lanark; 10) Frontenac; 11) Lennox and Addington; 12) Hastings; 13) Prince Edward; 14) Northumberland; 15) Peterborough; 16) Kawartha Lakes; 46) Haliburton; 47) Renfrew; as well as the following Census subdivisions: Durham: Brock: and York: East Gwillimbury, Georgina, and Chippewas of Georgina Island First Nation.
Eligible Project Recipients must explain in their application how they will address local and regional issues, challenges, and opportunities in rural eastern Ontario. You will also be asked to identify your local CFDC representing the CFDC region your project will principally impact.
Can our organization request less than $100,000 in matching funding for a project that is less than $200,000 in total eligible project costs?
No. Current FedDev Ontario guidelines for Collaborative Economic Development Projects (CEDP) do not allow funding requests under $100,000.
Can our organization request more than $100,000 in matching funding for a project that is more than $200,000 in total eligible project costs?
Not-for-profit applicants may request more than $100,000 in matching funding for a project that consists of more than $200,000 in total eligible project costs. Matching funding for non-profit applicants will not normally exceed $500,000.
For-profit applicants may only request exactly $100,000 in matching funding for a project that is comprised of at least $200,000 in total eligible project costs. Projects with total eligible costs above $200,000 would theoretically have a higher funding “leverage” and are eligible.
If our organization has previously received EODP funding, are we still eligible for CEDP?
For-profit enterprises are not eligible for CEDP funding if they have previously received FedDev Ontario Eastern Ontario Development Program (EODP) funding during the period commencing April 1, 2014 and ending December 31, 2018.
If you have any further questions about basic eligibility, please do not hesitate to contact CEDP Officer Thomas Coughlan (see contact form below).
What about the confidentiality of our application?
What is the composition of the Collaborative Innovation Panel?
The Collaborative Innovation Panel is a primary mechanism for collaborative intelligence in gaining input on regional opportunities for economic development.
The Collaborative Innovation Panel will have a membership of 25 individuals with defined terms of reference. The 15 CFDCs of Eastern Ontario will each appoint one member. A further 10 at-large individuals will be drawn from a pool of business leaders combined with primary regional economic development partner organizations including:
- Senior corporate executives and experts from the private sector who are leaders in their field
- Technology and trade associations and industry groups representing business including Chambers of Commerce
- Manufacturing Associations (including the Tri-Association of Northumberland, Quinte and Kawartha manufacturers’ associations)
- Municipal Consortiums (e.g. Ontario East Economic Development (OEED), Eastern Ontario Regional Network (EORN), EO Wardens’ Council, Mayors Committee)
- Rural Ontario Institute (ROI)
- Regional Innovation Centres (RICs) active in Eastern Ontario (including: Spark Centre, Launch Lab, Invest Ottawa)
- Post-Secondary Institutions (Eastern Ontario colleges & universities such as: Queen’s University, Trent University, Fleming College, Loyalist College, Algonquin College, St. Lawrence College, Cité Collégiale, Collège Boréal, University of Ottawa)
The aggregate score of panel members will be an integral component of consideration of CEDP applications for approval by Northumberland CFDC.
How does the Collaborative Innovation Panel score applications?
Each criterion is applied with equal weight (20 points each for a total possible score of 100) as follows:
New technology, innovation, commercialization of a new product, process or productivity enhancements, in targeted sectors.
- Business Expansion
Potential for sales growth, business expansion, increased profitability, access to new markets (including export development).
- Job Creation/Maintenance
Job creation impacts
- Priority Sectors
Advanced Manufacturing, Clean Tech/Bio Tech, ICT, Transportation and Logistics, Agri-food and Food Processing, Disruptive Technologies (General).
- Priority Pathways
Priority pathways take into account broader prospective social, economic and technological modalities in Eastern Ontario:
- Supply chain solutions
- Inter-machinery communication, Internet of Things (IoT)
- 3D Printing and 3D imaging
- Advanced Materials
- Agtech and Biotech
- Machine Learning and AI
- Cloud Computing
- Software-defined infrastructure
- Web-scale IT
- Data analytics
- Gaming, Gamification and Virtual Reality/Augmented Reality
- Mobile applications
- Synchronization with local drivers, priorities and solutions
- Makerspaces, fabrication labs and other shared resources and facilities
- Incubators and accelerators
- Industry clusters, consortia
- Creative industry alliances
- Craft breweries and distilleries
- Metro-rural linkages
- Post-secondary-rural linkages
- Student entrepreneurs
- Young business owners (age <30)
- Youth focused workshops/entrepreneurial training
- First Nations-led business development
- Franco-Ontarian business development
Who is responsible for funding decisions for CEDP?
Ultimately, responsibility for funding decisions rests with the Board of Directors of Northumberland CFDC. Northumberland CFDC is delivering CEDP on behalf of FedDev Ontario in partnership with the fifteen Community Futures Development Corporations of Eastern Ontario.
How are funds disbursed to approved project recipients?
Claims are submitted by the applicant normally on a monthly and not more than quarterly basis. Claims reviewed and approved by Northumberland CFDC result in up to 50% reimbursement of eligible and approved costs as set out in the signed and executed CEDP Contribution Agreement. CEDP funds will normally be disbursed within two weeks of the approval of the claim.
MP for Northumberland-Peterborough South, Kim Rudd, announces the launch of FedDev Ontario’s Collaborative Economic Development Projects (CEDP) on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development. The announcement was made in Cobourg on August 15, 2016.
Read the official press release via Marketwired: http://goo.gl/hTjF5o