ABOUT THE ECONOMIC DEVELOPMENT TRUST

The Six Nations of the Grand River Economic Development Trust (EDT) is an application based, community investment trust available to groups who address community priorities within Six Nations. The EDT is the mechanism, in which surplus profits generated by the 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 community investment was a direct result of the 2011 community engagement study, “We Gather Our Voices.”

EDT Trustees are responsible for reviewing, scoring and prioritizing applications for community investment. Trustees consist of Rachel Martin (Chair), Cathy General, Jill Hill, and Julie Hill.

In 2018, the EDT will invest $1.7 million into the Six Nations Community. Applications will be released on Monday, August 28, 2017 with a deadline of October 13, 2017 by 4 pm. In an effort to reduce the number of late or incomplete applications, the EDT has introduced a new process for 2018, which will allow applicants to submit their completed applications via email between the dates of August 28, 2017 to October 4, 2017 at 4pm for initial screening by an EDT representative. An email will then be sent to each applicant by October 6 with a detailed list of what is missing or incomplete. Applicants will then have until the hard deadline of October 13 at 4PM to gather their missing documents for submission.

This year, the EDT has requested applicants to submit one project application per organization/department, as a means to clearly determine the organizations funding priority.

Click Here for the 2018 Investment Guidelines

ECONOMIC DEVELOPMENT TRUST BACKGROUND

In 2016, after 3 public calls for applications, an Interim Board of Trustees was appointed with a specific mandate to develop a process to invest the Economic Development Trust community investment funds.

The Interim Trust was compromised of Jill Hill, Amy Lickers, Dr. Sabrina Saunders, and Claudine VanEvery-Albert. The Interim Trust began work in March 2016 and had approximately 8 weeks to complete its mandate.

The first ever, EDT application was released on June 6, 2016 with a deadline of July 5, 2016. In the inaugural year,  the EDT received 46 applications with a total request of over $8.8 million. A total of 31 applications were approved with a total community investment of $3,537,257.95. 

In 2017, the EDT approved four projects for a total of $1,443,050. Since the creation of the Economic Development Trust in 2016, just under $5 million has been invested for the collective benefit of the Six Nations community.

Click Here to view the 2016 Community Investment Recipients List.