Apply Now: Regional Tariff Response Initiative Funding (Canada)

The Regional Tariff Response Initiative (RTRI) aims to support businesses and not-for-profit organizations in the Prairie provinces of Canada in responding to global trade pressures. Delivered by Prairies Economic Development Canada (PrairiesCan), this initiative is part of the broader Government of Canada tariff response plan. The application intake is open until 31 December 2028 or until all available funding is committed. Opportunity at a Glance

- Provider: Prairies Economic Development Canada (PrairiesCan)

- Funding Amount: Up to $3.45 billion across all regions

- Eligible Applicants: Businesses and not-for-profit organizations in the Prairie provinces

- Deadline: 31 December 2028 or until funds are exhausted

- Project Duration: Liquidity assistance up to 12 months; other projects must be completed by 31 March 2029

About the Opportunity

The RTRI is designed to help businesses and not-for-profit organizations in the Prairie provinces manage liquidity pressures, enhance competitiveness, and diversify markets in the face of global trade disruptions. The initiative focuses on supporting small and medium-sized enterprises (SMEs) affected by tariffs, encouraging them to adapt and build resilience. Funding and Benefits

- For Businesses:

- Liquidity Assistance: Up to $2 million in non-repayable funding, covering up to 50% of eligible costs for 12 months.

- Pivot Projects: Up to $1 million in non-repayable funding for local/regional benefits; repayable funding over $1 million for larger projects, covering up to 75% of costs.

- Maximum Funding: Up to $3 million in non-repayable and $20 million in total RTRI funding, including repayable support.

- For Not-for-Profit Organizations:

- Non-repayable funding covering up to 90% of project costs, with at least 10% from non-PrairiesCan sources.

- For Indigenous Applicants:

- Up to 80% funding for commercial projects and up to 100% for non-commercial projects, with cost-sharing requirements. Who Is Eligible?

- Businesses: SMEs with a minimum annual revenue of $1 million facing tariff pressures.

- Not-for-Profit Organizations: Those assisting businesses with market diversification and trade expansion.

- Indigenous Applicants: Eligible under both commercial and non-commercial project criteria.

Eligible Activities or Priority Areas - Enhancing productivity and competitiveness - Diversifying markets and expanding trade - Strengthening supply chains - Accessing business support and advisory services Why This Opportunity Matters The RTRI provides crucial financial support to businesses and organizations in the Prairie provinces, helping them navigate and mitigate the challenges posed by global trade disruptions. By bolstering competitiveness and encouraging market diversification, the initiative supports economic stability and growth in the region. How to Apply

- Check Eligibility: Ensure your business or organization meets the eligibility criteria.

- Prepare Required Documents: Gather necessary financial statements, project plans, and other supporting documents.

- Submit Application: Apply through the PrairiesCan official portal.

- Deadline: Applications are accepted until 31 December 2028 or until funding is depleted.

Frequently Asked Questions Who can apply for the RTRI? Businesses with a minimum annual revenue of $1 million and not-for-profit organizations in the Prairie provinces. What is the maximum funding available? Businesses can receive up to $3 million in non-repayable funding and up to $20 million when including repayable support. What sectors are eligible for support? All sectors affected by tariffs are eligible to apply for RTRI support. How long is the funding period? Liquidity assistance is available for up to 12 months, with other projects needing completion by 31 March 2029. Can not-for-profit organizations use funding for operating expenses? No, liquidity assistance is not available for a not-for-profit’s operating expenses. Next Steps Eligible applicants should review the official guidelines on the PrairiesCan website and follow the detailed application process to take advantage of this funding opportunity.