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First Nations Clean Energy Business Fund (FNCEBF) - Equity Funding (April 2024 Intake)

Program Category: Clean Energy
Program Sub-Category: Energy Efficiency (Housing / Buildings), Renewable Energy
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Status: Closing Soon

Funder

BC Ministry of Indigenous Relations and Reconciliation (MIRR)

Deadline Details

This program has regular ongoing intakes. April 30, 2024 is the next closing date for applications. Please refer to the FNCEBF website for details.

Funder Organization Type

  • BC Provincial Government

The FNCEBF aims to promote increased Indigenous community participation in the clean energy sector within their asserted traditional territories and treaty areas through agreements between the BC Government and the eligible applicant to:
  • Equity Funding: Provides funding to qualifying applicants to support capital costs related to the implementation of community energy efficiency and demand-side management projects within their community. Potential help acquire equity positions in clean energy projects or in the construction of renewable energy project.

Eligible Community

Indigenous governing body, however organized and established by Indigenous peoples, including Modern Treaty Nation.

Required Community Contribution

Community contribution required (please see program website)

10% required community contribution. Can be cash or In-kind. 

Funding Stacking Restrictions

No

Professional Input Required

No

Specific Eligibility Requirements

  • Must be for community benefit.
  • One active project at any given time.
  • Any number of applications for a project may be submitted up to    the maximum thresholds for each revenue stream

Other Eligible Applicants

Indigenous organizations acting on behalf of the Band [as supported by a Band Council Resolution (BCR)

Type of Funding

  • Capital

Range of Funding Available per Project

  • From $100 000 to $1 000 000

Description of Funding

Equity Funding – up to a maximum of $500,000
Please refer to the program website for guidelines and eligibility.

Eligible Costs

Engineering
Design
Planning
Operational and Maintenance Costs
Capital Costs
Community Engagement
Equipment/Material Purchase
Project Management
Capacity Building for the Community
Training
Research and Development

Reporting Requirements

Final report only

Expected Timeframe for Funding Decision

3 months

Approximately 3 months