Rural Economic Diversification and Infrastructure Program (REDIP)

• Capacity: Supports small rural and Indigenous communities to increase economic capacity, identify new opportunities, and build economic momentum with funding support for three fiscal years.

• Development: Supports business planning, feasibility assessments, and other developmental steps for business and economic diversification opportunities in rural B.C.

• Implementation: Supports the construction of new economic infrastructure and implementation of economic services programming, or operations directly related to diversification in rural communities. 

• Municipal governments with populations of 10,000 or less (or regional districts applying on behalf of municipal governments).

• First Nation governments and First Nation Economic development corporations 

• Non-Indigenous communities (including municipal governments and regional districts) located in areas with populations of 24,999 or less.

• All Indigenous governments and Indigenous economic development corporations located in British Columbia
• Indigenous and non-Indigenous not-for-profit organizations 

Please note: Due to the more targeted nature of the REDIP Program, a limited number of large ($500,000 and over) projects will be funded in FY25/26. Focusing on small and medium size projects (<$500,000) will ensure the program can fund as many high value projects as possible and distribute funding between the economic and geographic regions of the Province. As a result, all applicants with a total project cost of $500,000 or higher are requested to meet with REDIP Program Staff or a Regional Manager prior to submitting the application. This step will ensure that projects are aligned with the Program’s scope, criteria, and areas of focus prior to the drafting of the application and required documents. In addition, applicants with a total project cost of $500,000 or higher will be required to provide a higher applicant contribution (40%) than those below $500,000 (20%). Funding from federal, non-profit (economic trusts), and lending organizations can be included in the contribution.

• All types of eligible lead applicants

• Not-for-profit organizations (only for Capacity category)

• Non-Indigenous Development Corporations

• Industry organizations

• Businesses

• Community Foundations

• Post-secondary institutions

• Have an active role in the project but are not required to contribute financially.

• Provide proof of partnership confirming their role and commitment to the project (such as 

  an email or letter).

• Multi-Year Capacity Grant: maximum funding per project is $50,000 per year over 3 years. 100% of project costs eligible.
• Milestone-based development stream funding: maximum funding per project is $100,000. 100% of project costs eligible.

• Development Grant: maximum funding per project is $100,000. 80% of project costs eligible.

• Implementation Grant (total project cost under $500,000): maximum funding per project is $400,000. 80% of project costs eligible.
• Implementation Grant (total project cost $500,000 and over): maximum funding per project is $1,000,000. 60% of project costs eligible.