PRIVATE SECTOR ASSISTANCE
1. Name of Organisation : Canadian Industrial Cooperation Program (INC)
2. Assistance Scheme/Program : INC encourages the Canadian private sector to establish long term business relations with developing country partners by promoting and supporting sustainable socio-economic development. Assistance is provided to eligible Canadian partners under two sections:
Investment section
Viability study - a contribution of around CDN $100,000 should normally cover eligible costs; and
Project support - a contribution of around CDN $500,000 should normally cover eligible costs
Professional Services section
Capital Project Preliminary Study - an INC contribution of around CDN $350,000 should normally cover eligible costs (Note: conditions apply);
Capital Project Detailed Study - an INC contribution of around CDN $500,000 should normally cover eligible costs (Note: conditions apply); and
Capital Project Support - an INC contribution of around CDN $500,000 should normally cover eligible costs (Note: conditions apply).
INC will determine its contribution but this cannot exceed 80% of the total expenses defined as eligible and incurred by the Canadian partner to conduct the activity for which INC assistance has been sought. Strict eligibility and detailed criteria apply and a full list of all requirements should be sought people proceeding.
3. Criteria : Eligible countries in the Pacific are Cook Islands, Fiji, Kiribati, Papua New Guinea, Solomon Islands, Tonga, Tuvalu, Vanuatu and Samoa. To be eligible projects must:
include a partner or customer in the recipient country that will make a genuine contribution to the project;
contain a component involving transfer of technology, knowledge and/or skills that will support sustainable development;
bring benefits to the target country;
involve benefits for Canada;
have probable access to later funding that will allow implementation of the project; and
be designed to increase social and environmental benefits and to minimise adverse social and environmental impacts.