The Economic Development Fund (EDF) started April 1, 2021 and amalgamated three funds (the Strategic Industries Development Fund (SIDF), the Regional Development Fund (REDF) and the Enterprise Trade Fund (ETF) into one fund. The aim of the new fund is to help maximize the impact of funding investments and support innovation, job creation and private sector growth. The amalgamation of the three funds is accompanied with some additional features, including an expansion of the list of eligible activities, such as capital expenditures, multiple intake dates for applications, and funding for up to 75% of total project costs and up to 50% of capital expenses. The aim of this funding program is to provide financial support to economic development actors in Yukon for projects that grow and diversify Yukon’s economy.
