OHSWEKEN, ON November 14, 2017 – Six Nations of the Grand River Economic Development Trust (EDT) has announced their shortlist list for 2018 community investment. Shortlist presentations will take place on Sat. Nov 25 from 9:20 am to 1:40pm at the Six Nations Tourism Building. At the presentations, applicants will provide clarification on specific points of their applications. Shortlist presentations are open to the public, and Community members are invited to observe the presentations and learn more about the shortlisted proposals.
This year, a total of 25 applications were submitted with a total ask of just over $8 million. From these applications, 17 applicants were deemed complete including 11 General applications and 6 Grassroots applications. After the initial screening process by the EDT, 8 General applications and 6 Grassroots have been shortlisted. Successful recipients will be notified on Dec 8, 2017. Once recipients complete and return the funding agreements, they will then have from Jan 1 to Dec 1, 2018 to utilized the approved funds.
The Economic Development Trust is the mechanism in which surplus profits generated by SNGRDC are invested into the collective benefit of the Six Nations Community. Since SNGRDC creation in May 2015, just over $7 million has been distributed to the EDT for investment in the community in 2016, 2017 and 2018.
For more information or to view a complete list of shortlisted applicants and presentation times visit: www.sndevcorp.ca/trust.
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 Rachel Martin (Chair), Jill Hill, Julie A. Hill, Cathy General and Alaina VanEvery. For more information visit www.sndevcorp.ca/trust/
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 14 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 nearly 900 MW of renewable energy through its direct or indirect involvement in seven solar, six wind and one hydroelectric project(s). SNGRDC is located on the Six Nations Reserve and directly employs over 140 employees through Nation Enterprise or the administration of Economic Interests projects. For more information please visit www.sndevcorp.ca
