OHSWEKEN, ON –October 31, 2018 – The Six Nations of the Grand River Economic Development Trust (EDT) has announced their shortlist list for 2019 community investment. The shortlisting process consists of applications that are deemed complete and are within the scope of the 2019 EDT guidelines and warrant further evaluation by the Economic Development Trustees. After the initial screening process by the EDT, 6 General applications and 5 Grassroots have been shortlisted.
The shortlist presentations will take place on Saturday, November 10th & Sunday November 11th (if needed) from 9:00am to 4:00pm at the Six Nations Tourism Building in which all community members are invited to observe these free presentations to learn more about the shortlisted proposals. The shortlisting process was designed to give Trustees a more wholesome and clearer picture of groups projects and applications. “We shortlist all Grassroots applications, whereas General applicants are only shortlisted if we require any additional points of clarity,” said Rachel Martin, Board of Trustees Chair for the EDT.
The EDT has $2.5 million dollars available for community investment in 2019. This year a total of 20 applications were submitted, with a total ask of $7,637,067.68. From these applications, 15 were deemed complete which include 10 general applications and 5 grassroots applications. Successful recipients will be notified on December 7, 2018. Once recipients complete and return the funding agreements, they will then have from Jan 1 to Dec 1, 2019 to utilize the approved funds.
Since 2016, the Economic Development Trust has invested over $9.4 million into the collective betterment of the Six Nations People, this is made possible through annual distributions of surplus profits by the Six Nations of the Grand River Development Corporation (SNGRDC).
For more information or to view a complete list of shortlisted applicants and presentation times visit: www.sndevcorp.ca/edt
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.
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.
