Aboriginal Renewable Energy Fund

Impact Areas:

First Nations and Metis communities.

Abbreviation:

AREF

Website:

Funding Amount:

$100k - $1Million, $10k - $25k, $25k - $50k, $50k - $100k

Geographic Area:

Ontario

Summary:

The Aboriginal Renewable Energy Fund (AREF) is designed to provide funding for First Nations and Métis communities to develop renewable energy generation facilities. The program assists qualifying Aboriginal communities in paying for a portion of the project costs associated with developing a renewable energy project. These costs include environmental studies, resource assessments, business plans and engineering designs. Aboriginal communities can receive up to a maximum of $500,000 per project.

AREF funding is available for three phases of project development:

1. Pre-Feasibility Phase: 80 percent of actual costs.

2. Design and Development Phase: 60 percent of actual costs.

3. Regulatory Approvals Phase: 40 percent of actual costs.

Funding amount: $20,000 -$250,000 and $250,000-$500,000

Please note: At this time, December 2012 the AREF applications will no longer be accepted under the existing program rules.

Program Objective:

Renewable energy projects. Costs of environmental studies, resource assessments, business plans and engineering designs.

Investment Type:

n/a

Key Features:

Renewable energy projects. Costs related to environmental studies, resource assessments, business plans and engineering designs.

Client Group:

Organizations, First Nations & Aboriginal, Metis Peoples