2019-2020 Details of transfer payment programs under $5 million
General information
| Name of transfer payment program | Contributions for Promoting Regional Development in Canada's Three Territories (Voted) |
|---|---|
| End date | March 31, 2020 |
| Type of transfer payment | Contribution |
| Type of appropriation | Annually through Estimates |
| Link to department's Program Inventory | Northern Adult Basic Education Program |
| Main objective | The Northern Adult Basic Education Program (NABEP) is a three-year program that supports the territorial colleges in delivering an expanded suite of learning opportunities to working-age Northerners to enable them to obtain jobs or take further vocational training. |
| Planned spending in 20189-20 | $4,537,297 |
| Fiscal year of last completed evaluation | 2016-2017 |
| Fiscal year of planned completion of next evaluation (if applicable) | Not applicable. |
| General targeted recipient groups | Northern persons (students) and non-profit organizations (territorial colleges) |
| Name of transfer payment program | Growth Through Regional Innovation Program (GRIP) (known as Regional Economic Growth Through Innovation (REGI))
|
|---|---|
| End date | REGI - ongoing WEF - March 31, 2020 WES Ecosystem Fund - March 31, 2023 |
| Type of transfer payment | REGI - Grant and Contribution WES - Contribution |
| Type of appropriation | Annually through Estimates |
| Link to department's Program Inventory | Community Development Business Development Policy and Advocacy |
| Main objective | The Regional Economic Growth Through Innovation (REGI) initiative builds on the objectives of the Innovation and Skills Plan. The goal of REGI is to provide streamlined, nationally consistent and yet regionally tailored support for business productivity and scale-up, particularly for small and medium-sized enterprises (SMEs) and women entrepreneurs and other underrepresented groups, and assist the enhancement of regional industrial and technology clusters and regional innovation ecosystems. The program will provide assistance through two new program streams:
The Women Entrepreneurship Strategy (WES) provides nationally coordinated, regionally tailored investments to help women entrepreneurs and support regional innovation ecosystems through two program streams:
Contributions issued under REGI may be unconditionally or conditionally repayable, or non-repayable. Contributions issued under the WES are non-repayable only |
| Planned spending in 2019-20(dollars) | Innovation and Skills Plan – $420,420 Women Entrepreneurship Strategy – $200,000 |
| Fiscal year of last completed evaluation | Not applicable, new program |
| Fiscal year of planned completion of next evaluation (if applicable) | To be determined |
| General targeted recipient groups | Incorporated for-profit companies, not-for-profit organizations, industry associations, post-secondary institutions, Indigenous organizations, business accelerators, incubators, women-led businesses, angel networks; social enterprises; a group of eligible recipients such as an industry association or consortium; a municipality and all other municipal-type organizations; and a federal or provincial crown corporation/ organization or any other entity created by the provincial government or a provincial department. |