Rural Development Initiative
The RDI initiative provides funds to Community Futures organizations for economic diversification projects in Alberta. RDI is targeted at bigger rural diversification projects (minimum $100,000) with clear measurable economic outcomes and strong private sector support. RDI is not a grant to business. RDI projects should provide benefits to communities and/or industries, rather than individual businesses.
The total amount available for project funding is $3.48 million over 3 years from April 1, 2008 to March 31, 2011. Total costs for each RDI project will be at least $100,000. RDI funding will cover a maximum of 60% of eligible project costs. This initiative is funded through Western Economic Diversification Canada and is administered by Community Futures Alberta.
For more information on Community Futures Rural Diversification Initiative or CF - RDI click here.