OHSWEKEN, ON – July 21, 2021

This year the Six Nations Economic Development Trust (EDT) is excited to announce $2 million for community investment in the 2022 calendar year. This is a result of a distribution from the Six Nations of the Grand River Development Corporation (SNGRDC) operations in 2020 fiscal year and distribution from the SNGRDC Master Trust for the 2020 calendar year.

Applications will be available on the SNGRDC website as of July 30, 2021. “After a very challenging year for individuals and communities alike, it is imperative that the EDT reinvest within our community in projects that will meet our current and future needs, encourage connection within our people to self, culture and Earth, and pave the way for collective accomplishment. We encourage all eligible applicants to put forth their requests and ask that you share this call for applications community wide,” said Alaina VanEvery, Chair of the EDT.

“To ensure all applications have the greatest chance of success, we also encourage all applicants to take advantage of our pre-screening process,” said VanEvery. The Pre-screening process allows applicants to submit their applications early (until August 27, 2021 at 4pm) for initial screening by an EDT representative. An email will then be sent back to the applicant with a detailed list of what is missing or incomplete. Applicants then have until the September 10, 2021 at 4pm to submit missing documents.

All completed applications are reviewed in accordance with the Six Nations Community Plan, the Statement of Community Needs and Priorities and the Economic Development Trust Distribution guidelines. Successful recipients will be announced on November 17, 2021, approved funds can be utilized between January 1, 2022 and December 1, 2022. To learn more about the pre-screening process or to get more information about the application package, applicants can call Roxanne Wilkieson, Corporate Affairs Manager at 519-753-1950 ext. 6450.

For more information or to view past recipients, visit:  www.sndevcorp.ca/edt/.

The EDT has been investing in the collective betterment of the Six Nations Community since September 2016. EDT funds are made available through annual distributions of surplus profits by the SNGRDC. To date, the EDT has invested over $12 million in the community of Six Nations. SNGRDC generates these profits through three revenue streams which include 1) Nation Enterprise, which are on reserve business assets; 2) Economic Interests, which are off-reserve investments including 13 renewable energy projects; and 3) Joint Partnerships, such as A6N a utilities-based construction company.

 

About the Economic Development Trust
The Economic Development Trust (EDT) is the mechanism in which surplus profits generated by Six Nations of the Grand River Development Corporation (SNGRDC) are invested into the Six Nations Community for the collective benefit of its members. This model of distribution was a direct result of the 2011 community engagement study “We Gather Our Voices”. The EDT will continue to invest in the Six Nations Community in future years through yearly distributions made possible by SNGRDC. Economic Development Trustees include Alaina VanEvery (Chair), Rachel Martin, Cathy General, Myka Burning and Andrew Joseph. For more information visit www.sixnationsedt.ca

Contact Information
Roxanne Wilkieson, Corporate Affairs Manager
Six Nations of the Grand River Economic Development Trust
[email protected]
519-753-1950 ext. 6450

About Six Nations of the Grand River Development Corporation:
Six Nations of the Grand River Development Corporation (SNGRDC) manages the Six Nations’ economic interests in 20 renewable energy projects and numerous economic development opportunities, in and around the Six Nations territory. SNGRDC’s current green energy portfolio is capable of producing over 1300 MW of renewable energy through its direct or indirect involvement in seven solar, 13 wind project(s). SNGRDC is located on the Six Nations Reserve and employs an average of 140 employees through Nation Enterprise or the administration of Economic Interests projects. For more information, please visit www.sndevcorp.ca

Contact Information
Alysha Filer
Communications Coordinator
Six Nations of the Grand River Development Corporation
[email protected]
519-732-9852

The post EDT Announces $2 Million for 2022 Community Investment appeared first on Six Nations of the Grand River Development Corporation.

Powered by WPeMatico