Economic Support & Resources
District of Hudson's Hope
Innovation
Northern Industries Innovative Fund (NIIF)
Northern Development Initiative Trust
About
The Northern Industries Innovation Fund (NIIF) program provides incremental funding to support innovation projects that increase the competitiveness of local businesses in traditional industries across Northern B.C. The program is also intended to support economic diversification and/or viability of businesses to mitigate the economic impact of the pine beetle epidemic. NIIF supports applied research and development, new or improved products and services, and testing of innovative equipment or technologies to support capital investment decisions.
Funding
Up to $50,000 in rebate funding to a maximum of 50% of the total project budget. The applicant must contribute a minimum 10% of the project budget.
Application Period
Continuous
Eligible Applicants
Small and medium-sized businesses.
Eligible Industries
Aquaculture
Agriculture
Energy
Forestry
Transportation
High Tech
Manufacturing
Mining
Oil & Gas
Industrial Supply Chain
Eligible Businesses
Privately Owned
Incorporated
Less Than 500 Employees
Revenues Less Than 10 million
Registered Non-Profit Engaged in industrial Activities
Post-secondary institutions working with a private sector partner or an applied research project with private sector implications
Community Contribution companies