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Grants to Canada Nonprofits for Financial Technical Assistance to Improve Operations

Capacity Building/Technical Assistance Grants

Canadian Alternative Investment Foundation (CAIF)


Agency: Foundation

GrantWatch ID #164220

Grant Description

Grants ranging from $5,000 to $15,000 to Canada nonprofit organizations for technical assistance and capital building activities. Applicants are strongly encouraged to contact program staff at least one week prior to the deadline. The purpose of this grant is to enhance an organization's ability to effectively use debt.

This grant is not a grant for ongoing program support or for the sole purpose of writing a social enterprise business plan.

Very few organizations will qualify for CAIF grants because the first criteria in assessing grant requests is determining whether debt financing is likely to play a role in the successful completion of the project being proposed. Any applications not meeting this requirement will not be considered.

Grants will be made in the following three funding streams:

1) Project Feasibility Study ($5,000 - $8,000) - This stream provides a preliminary level of support meant to help charitable organizations scope out need and do some analysis around it to better understand the issues and potential solutions.

2) Business Plan Development ($8,000 - $10,000) - Once you have completed the feasibility study and decided that the project is viable and that financing is required the next logical step is a business plan. This will allow your organization to move from the theoretical to the practical in how they will meet their objectives and reach their goals. In order to access a Business Plan Development grant you must demonstrate that you have completed a Feasibility study (financed by CAIF or otherwise).

3) Capacity Building ($10,000 - $15,000) - Grants would be made available to assist in the execution of a project. Grants would be directed towards retaining/hiring Project Management expertise and/or Financial Expertise.

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Eligibility:

  • Others (see text field entitled "Additional Eligibility Criteria" for clarification)

Pre-Application Information:

Potential applicants are strongly advised to contact the Foundation office prior to submitting a letter of inquiry. Please note that the last date for inquiries is one week prior to the deadline.

The Canadian Alternative Investment Foundation (CAIF) operates with a two-stage application review process. Do not fill out the full application unless invited to do so.

Applicants seeking a grant will submit a brief letter of inquiry (maximum of two pages). This pre-proposal inquiry letter should include:

-A brief description of the funding needs related to financing your project;
-A brief description of the social impact of your project;
-The mission and/or vision of your organization;
-A brief budget and time-line of activities;
-It should also include the Letter of Inquiry cover page.
-Interested applicants are invited to submit a two page Letter of Inquiry along with the accompanying -‘LOI Form' (electronically) by posted deadlines.

A Review Committee will evaluate the Letters of Inquiry for their coherence with CAIF objectives and criteria and then invite successful applicants to submit a full proposal. Please note that the review process takes approximately eight weeks from the invited application deadline until board review and approval for all three granting streams.

Additional Funding Information:

Estimated Size of Grant:

Project Feasibility Study: $5,000 - $8,000.
Business Plan Development: $8,000 - $10,000.
Capacity Building: $10,000 - $15,000.

Term of Contract:

All grantees are required to provide a final report upon completion of their project or no later than one year from the award.

Contact Information:

CAIF/CAIC
CSI Regent Park
585 Dundas St East, 3rd Floor
Toronto, Ontario M5A 2B7

416-467-7797
caif@caic.ca

RFP & Supporting Documents:

Full Grant Text RFP

Before starting your grant application, please review the funding source's website listed below for updates / changes / addendums / conferences / LOIs.


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