Foundation / Corporation
Canadian Alternative Investment Foundation (CAIF)
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.
GrantWatch ID#: 164220
Project Feasibility Study: $5,000 - $8,000.
Business Plan Development: $8,000 - $10,000.
Capacity Building: $10,000 - $15,000.
All grantees are required to provide a final report upon completion of their project or no later than one year from the award.
Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.
CSI Regent Park
585 Dundas St East, 3rd Floor
Toronto, Ontario M5A 2B7
Canada: Alberta; British Columbia; Manitoba; New Brunswick; Newfoundland and Labrador; Northwest Territories; Nova Scotia; Nunavut; Ontario; Prince Edward Island; Quebec; Saskatchewan; Yukon;
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