Invest Canada - Community Initiatives (ICCI) Component of the

Global Commerce Support Program

Supporting Canadian Communities to Attract, Retain and Expand Foreign Direct Investment

Presented to Manitoba Communities

By Carlie Doan- ICCI Regional Officer

Sept 6, 2011

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Overview

The purpose of this presentation is to provide an overview of the Invest Canada – Community Initiatives (ICCI), component of the Global Commerce Support Program (GCSP)

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ICCI Background

Launched in 1998

Component of the GCSP, a Contribution Program

Objective: to help Canadian communities in attracting, retaining and expanding foreign direct investment (FDI)

ICCI annually provides matching funds of up to 50% of eligible project expenses

Between 2004 and 2007, ICCI likely contributed to attracting $840 million of FDI and creating more than 4,600 jobs

Delivered across Canada by regional offices of Foreign Affairs and International Trade Canada

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ICCI 3 Basic Principles

ICCI

Attracting, retaining

and expanding FDI

in Canada

Strong

partnerships

Cost sharing

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ICCI allocated $3M in 2010 for 114 Adjudicated Projects

BC & YT$380,000

NT & NU$20,000

AB$375,000

SK$125,000

MB$125,000

ON$1,058,000

QC$585,000

NL $60,000

NB$125,000

PE$22,000

NS$125,000

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Who Can Apply

Smaller communities with limited economic development resources, primarily interested in obtaining assistance to offset costs associated with developing tools aimed at foreign investor servicing.

Mid-sized regions and communities with some professional staff and existing economic development programs requesting assistance for specific marketing-oriented activities.

Larger regions and communities with active foreign investment programs interested in assistance to develop and implement multi-year attraction and retention strategies.

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What Does ICCI Support?

ICCI supports community initiatives that promote and sustain FDI, and the development of tools needed to attract and retain investment.

Typically, a community begins by undertaking basic research to determine:• strengths• identify key sectors• existing levels of FDI

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Community Investment Attraction and Retention Readiness Continuum

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Eligible ICCI Projects

Capacity Building

Examples of Project Activities:

Research

e.g. SWOT analysis

Economic Data

e.g. Collect data and develop community investment profiles

Investment Training

e.g. EDAC and/or advanced CEDAP courses

Strategy Development & Implementation

Examples of Project Activities:

Strategy

e.g. Creation of a targeted investment strategy

Planning

e.g. Development of business cases for targeted industries

Implementation

e.g. Translation of materials, web site development

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ICCI Eligible Activities

• Research, studies and economic data collection

• Strategic FDI planning

• Website development

• Translation (documents or website content)

• Promotional/Marketing tools and material (print or electronic) - design and layout only

• Investment Training

• Travel costs to investment training

• In-Canada meeting room rental (meetings with potential investors)

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Training Eligible for ICCI

Certificate in Economic Development • Economic Development Association of Canada, www.edac.ca • Year 1 (5 days) – Waterloo Campus• Year 2 (5 days) – Various locations in Canada

Eligible costs include tuition and travel expenses.

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Application Tips

Consult our website for a list of eligible expenses at http://www.international.gc.ca/funding-financement/

Allow enough time to prepare and submit a draft application before the deadline in order to receive feedback from your Regional ICCI Manager;

Present focused project ideas within a broader strategic plan;

Link projects to regional, territorial, and federal investment promotion priorities;

Project applications are judged on their individual strengths;

ICCI encourages joint submissions from regional partnerships to advance regional investment potential.

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How to apply

1. Register as a Municipality through the Virtual Trade Commissioner’s website @ www.tradecommissioner.gc.ca

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How to apply

2- Fill out the following sections and submit your draft application form before October 21, 2011 for feedback from your regional officer

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Adjudication Process

Usually one per year.

Next Prairie and Northern Region adjudication will take place in fall 2011 for the 2012 projects year. Adjudication Committees are comprised of federal, provincial/territorial, and private sector members from the province/territory of the applicants.

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Applications are evaluated based on the following assessment criteria:

Strategy (20 points)

Project Components (20 points)

Performance measures (20 points)

Capacity (20 points)

Work plan (10 points)

Partnerships (10 points)

(Proposed budget should include all project costs)

Assessment Criteria

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Key Dates for 2011 Projects

September 6, 2011 Start date for submitting application

October 21, 2011 Deadline for final application submission

October 22 to November 30, 2011Adjudication period (times may vary by region)

January 1, 2012Effective date of approved projects

April 1, 2012Recipients can start submitting claims and progress reports

October 1, 2012Disclosure of de-committed funds

December 31, 2012Projects end date

January 31, 2013Submit final report & final claim

February 28, 2013Terms of agreement expire

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Questions?

Carlie DoanForeign Affairs and

International Trade Canada

(204) 983-4540

Carlie.Doan@international.gc.ca

ICCI information, updates, and application form:

http://www.international.gc.ca/funding-financement/

Information and assistance on international business and investment:

www.tradecommissioner.gc.ca