The objective of the Community Investment Support Program (CISP) is to help Canadian communities to develop the tools to attract, retain and expand foreign direct investment in their regions by providing up to 50 percent of eligible costs.
Not-for-profit organizations working at the municipal level (such as Economic development offices) are eligible to apply for CISP support if they fall into or represent, one of three categories:
Examples of work for Category One include:
Activities for Category Two include:
CISP funds are distributed within the federal fiscal year, which starts April 1. Applications for funding usually go to adjudication twice a year. A first adjudication occurs in January and February so that funds can be distributed as early in the fiscal year as possible. Communities or alliances must submit completed applications to the International Trade Centre officers responsible for CISP program delivery in their own provinces or territories not later than November. The second round, scheduled for September occurs only if funds remain in the CISP budget.
CISP provides two categories of programs:
Funding decisions are made by provincial/territorial adjudication committees chaired by Senior Trade Commissioners. Applications are evaluated on a point-based system using standard criteria including:
Note: This program was formerly known as the Program for Export Market Development-Investment (PEMD-1).
New Brunswick Contact(s):
Foreign Affairs and International Trade Canada
Unit 103
1045 Main Street
Moncton, New Brunswick
E1C 1H1
Telephone: 506-851-6452
Fax: 506-851-6429
Toll-free (information): 1-800-267-8376 (in Canada)
TTY (hearing impaired): 613-944-9136
E-mail: mnctn@international.gc.ca
Web site:
http://www.international.gc.ca/menu-en.asp