Updated September 2026 · Verified against Government of Yukon guidelines
Milestone-Based Est. 2021
Grant Territorial Active

Yukon Economic Development Fund (EDF)

Government of Yukon
Maximum Funding
Tier 1: up to $30,000; Tier 2: $30,001–$100,000; Tier 3:...
Tier 1 (up to $30,000): applications accepted year-round. Tier 2: April 15 an...
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Difficulty
Moderate
Payment
Milestone-Based
Trend
Stable
First-Timers
—
Co-Funding
75%
Yukon Economic Development Fund (EDF) provides up to Tier 1: up to $30,000; Tier 2: $30,001–$100,000; Tier 3: $100,001–$500,000 (75% of eligible non-capital costs; capital expenditures funded to a maximum of 50%). Supports projects and initiatives that provide long-term, sustainable economic benefits to Yukoners and Yukon communities, including business innovation, diversification, and competitiveness. The program covers up to 75% of eligible costs. Tier 1 (up to $30,000): applications accepted year-round. Tier 2: April 15 and September 15 (next April 15, 2027). Tier 3: January 15 (next January 15, 2027).. Approval odds: ~52% (GrantCompass analysis)

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Eligibility & Details

What this program funds and who can apply

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Program Description

Supports projects and initiatives that provide long-term, sustainable economic benefits to Yukoners and Yukon communities, including business innovation, diversification, and competitiveness.

Eligibility Requirements

  • Yukon-based business, First Nation government or development entity, municipality, or community/industry association
  • Project must provide long-term, sustainable economic benefit to Yukoners or Yukon communities
  • Eligible sectors include business innovation, diversification, and competitiveness
  • Tier 3 projects ($100K–$500K) require demonstrated capacity to manage large-scale initiatives
  • A 'Yukon business' applicant must meet 3 of these 4 conditions: has an office with a physical Yukon address; is subject to the Yukon Income Tax Act; is registered under the Business Corporations Act and the Partnership and Business Name Act (where applicable); has a valid municipal business licence (where applicable). This test applies only to the 'Yukon business' applicant category -- First Nations governments/development entities, municipalities, eligible community societies, and not-for-profit corporations qualify under their own separate criteria.
Provinces
Industries
Technology Tourism Services Manufacturing
Business Stage
Startup Growth Expansion Established

Quick Assessment

Difficulty
Moderate
Competition
Low
First-Timer
Not rated

Funding Details

Amount
Tier 1: up to $30,000; Tier 2: $30,001–$100,000; Tier 3: $100,001–$500,000 (75% of eligible non-capital costs; capital expenditures funded to a maximum of 50%)
Type
Grant
Level
Territorial
Co-Funding
Up to 75% of eligible costs
Deadline
Tier 1 (up to $30,000): applications accepted year-round. Tier 2: April 15 and September 15 (next April 15, 2027). Tier 3: January 15 (next January 15, 2027).

Program Scorecard

Competition, effort, and approval at a glance

Competition
Low
Deadline
Ongoing
Approval
Moderate
Approval Rate
~52%
Accessibility
3/5

Moderate — standard application process

Competition
2/5

Below average competition

Difficulty
3/5

Moderate — standard requirements

Budget Trend
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How to Win

Insider tips, common pitfalls, and what successful applicants look like

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Insider Tip

Contact a program advisor at [email protected] before writing your application — this pre-screening step is encouraged by the program (though not formally required) and advisors will tell you directly whether your project qualifies and how to frame it.

Premium See what trips up most applicants for this program — and how to avoid it.

Rejection Pitfalls 8

  • Yukon-business applicant does not meet 3 of the 4 Yukon business eligibility conditions (other applicant types are assessed under their own separate criteria)
+7 more pitfalls
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Success Profile

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Evaluation Criteria

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Premium All 8 pitfalls, the checklist and the reviewer notes are in the Playbook below. See what it includes ↓

How the Government of Yukon judges your application

What the reviewer scores, what gets applications rejected, and what to write.

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Written answers10no length limits stated
Judged on16 criteria
Can reject you19 rules
To attach9 documents

Distilled from 6+ source documents on yukon.ca, condensed into one brief. Sources as of 2026-09-11.

6 of the sources

What the Government of Yukon favours

Justify every budget item.◦

“Justify all budget items.”

2 more, in their words

The form2 prompts shown

Before you apply1 section
  1. 1Contact a program advisor (pre-application)written answer

    Contact an Economic Development Fund program advisor to find out if your project is eligible.

Application form (Tier 1 and 3)14 sections
  1. 2Applicant informationtable
  2. 3One-sentence project descriptionwritten answer

    Describe your project in one sentence

  3. 4the needwritten answer
  4. 5what you plan to dowritten answer
  5. 6Project outcomeswritten answer
  6. 7Fund objectives checklistcheckboxes
  7. 8Describe each objective identifiedwritten answer
  8. 9Measuring successwritten answer
  9. 10Project risks and mitigationswritten answer
  10. 11Project timelinetable
  11. 12Detailed project budgettable
  12. 13Application checklistcheckboxes
  13. 14Applicant declarationcheckbox
  14. 15Signatureshort answer
Funding portal (Tier 2)8 sections
  1. 16Funding portal registration (Tier 2)short answer
  2. 17Eligibility questionnaire (Tier 2)yes/no + written
  3. 18Project information — project summary (Tier 2)written answer
  4. 19Project financials — budget template (Tier 2)spreadsheet
  5. 20Supporting documents (Tier 2)checkboxes
  6. 21Declarations (Tier 2)checkboxes
  7. 22Self identification (optional) (Tier 2)checkboxes
  8. 23Signature and submit (Tier 2)short answer

the Government of Yukon states no length limits for these answers.

20 more prompts, in the funder’s words

Judged against4 questions · 16 criteria

  1. 1

    Which fund objectives does this project actually serve?

    Show them Tick only the objectives you can evidence, and for each one describe the mechanism and attach a number.◦

    In the funder’s words · 7
    • Investment attraction
    • Long-term impact of employment
    • Impact on skills development, growth and diversification of both economic sectors and markets
    • Improved organizational capacity
    • Sustainable long-term benefits
    • Innovation sector growth
    • Potential climate impacts
  2. 2

    What economic difference will the project make?

    What to show, and the funder’s 3 criteria behind it in Premium

  3. 3

    Can you measure the results and fund your share?

    What to show, and the funder’s 5 criteria behind it in Premium

  4. 4

    Is the applicant eligible and the package complete?

    What to show, and the funder’s 1 criterion behind it in Premium

11 questions the reviewer answers about you, in Premium.

Where applicants failin the Government of Yukon’s words

“Late applications will not be considered for funding.”
“The Economic Development Fund program is competitive. The number of eligible applications may exceed available funds.”
“Expenditures made prior to the project being approved for funding”

7 more, in the funder’s words

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See all 19 rules that can reject you and every criterion you are judged on. Then we draft your application for you.

14 more rules that can reject you · 9 more criteria · 20 more prompts

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Do you pass?20 checks

19 can rule you out; 1 is a preference. Tick the ones you meet.

Your business

  • Yukon business: 3 of 4 conditions

    A Yukon business that meets 3 of the following conditions.

  • Yukon office in the territory

    Has an office with a physical address in the Yukon

  • Subject to Yukon income tax

    Is subject to the Yukon Income Tax Act

  • Registered under Yukon business acts

    Is registered under the Business Corporations Act and the Partnership and Business Name Act, where applicable

  • Valid municipal business licence

    Has a valid municipal business licence, where applicable

15 more checks

1 thing this funder says you do NOT need, in Premium.

Documents to attach9

Ticks are kept on this device.

The money

Funding tiersup to $500,000 across three tiers

tier 1 up to $30,000; tier 2 between $30,001 and $100,000; and tier 3 between $100,001 and $500,000.

Maximum fund shareup to 75% of eligible costs

A maximum of 75% of total eligible project expenditures, excluding capital expenditures, is provided through three funding tiers.

Capital cost shareup to 50% of capital costs

Eligible capital expenditures may be rebated to a maximum of 50% of eligible expenditures.

Travel ratesLowest economy airfare and per diems

Travel costs are limited to the lowest economy airfare, accommodation for a standard room and per diems are not to exceed the posted Government of Yukon rate.

Your shareApplicant equity minimum 25% or 50%

the minimum 25% or 50% applicant equity

StackingOther funding sources must be confirmed

Confirmation of other sources of funding for the project

Costs before approvalPre-approval costs not eligible

Expenditures made prior to the project being approved for funding

What it pays for · 5
  • Costs associated with securing an environmental assessment and permits are eligible; and
  • Employee wages attributable to a project are considered eligible if it can be demonstrated the activities are outside of normal work duties and necessary for the completion of the project.
  • Leasehold improvements where a minimum five-year lease agreement is in place;
  • Construction costs related to the establishment or expansion of an entity in order to grow its market or increase the footprint and/or output.
  • Travel costs are limited to the lowest economy airfare, accommodation for a standard room and per diems are not to exceed the posted Government of Yukon rate.
What it does not pay for · 10
  • Capital expenditures for equipment that is readily movable and suitable for personal use such as computers, power tools, musical instruments, etc. unless it is deemed integral to the success of the project;
  • Costs incurred for cancelled projects;
  • Financing charges, legal fees, and loan interest payments, including those related to easements (e.g. surveys);
  • Land acquisition;
  • Leasing equipment other than equipment directly related to the project;
  • Leasing payment on land, buildings and other facilities;
  • Operation and maintenance costs, except as provided for under Eligible Expenditures;
  • Provincial/territorial sales tax, goods and services tax or harmonized sales tax; or
  • Real estate fees and related costs.
  • Initiatives eligible under the Performing Musicians Fund

From application to money

  1. Talk to an advisorAdvisor reviews drafts before deadline
  2. Submit your applicationTier 1 year-round; deadline 4:30 pm
  3. Staff reviewStaff may request revisions before decision
  4. Sign the agreementSign transfer payment agreement
  5. Deliverables release paymentDeliverables met release payment
  6. Final reportFinal report on approved budget
In the funder’s words · 6
Talk to an advisor
Contact a program advisor to test eligibility and, for Tier 1 or 3, to have a draft reviewed well before the deadline.
Submit your application
Tier 1 is accepted throughout the year; Tier 2 opens April 15 and September 15, and Tier 3 on January 15. (4:30 pm on the day of the deadline for tier 2 and tier 3 applications)
Staff review
Staff may request revisions through the portal before a decision.
Sign the agreement
Transfer payment agreements between the Government of Yukon and successful applicants outline the terms and conditions of funding, payment schedule and reporting requirements.
Deliverables release payment
Payment will only be released if the requested deliverables are met.
Final report
The final report must show the outcomes described in the application were achieved and the funds spent against the approved budget.

Quoted lines are word for word from the source documents; lines marked ◦ are our reading of them.

What's in this Playbook

Everything you need to win EDF

Not a marketing summary. The actual checklist, intel, and stack strategy reviewers look for.

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Application Playbook

Step-by-step process, required documents, and expenses

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Application Steps

1 Pre-screening call with program advisor Contact [email protected] or call 867-667-8751 before starting the application. Describe your project and ask if it fits. This step is recommended by the program and improves outcomes significantly, though it is not formally required.

Required Documents 14

✓ Completed EDF application form (detailed project description, objectives, expected outcomes)
✓ Detailed project budget

Eligible Expenses 10

Ineligible Expenses 14

Intake Periods

Deadline Notes

Ineligible Organizations

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Funding Stack Strategy

Compatible programs, clawback risk, and combined funding potential

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Compatible Programs

NRC IRAP CanExport SMEs Yukon SR&ED supplement BDC Advisory Services CanNor REGI
Combined Funding Potential See your total funding potential

Clawback Risk

Medium Risk
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How EDF Compares

Side-by-side with similar programs

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Program Amount Difficulty Payment Deadline
Yukon Economic Development Fund (EDF) up to $30,000 Moderate Milestone-Based Tier 1 (up to $30,000):...
NRC IRAP Clean Technology Program $100,000–$500,000 Hard Mixed (Advance + Reimb.) Ongoing
CanExport SMEs Up to $50,000 Moderate Mixed (Advance + Reimb.) Between intakes — the...
Strategic Response Fund (formerly Str... Minimum $10 million contribution Hard Mixed (Advance + Reimb.) Ongoing — continuous...
Innovative Solutions Canada up to $150,000 Hard Milestone-Based Challenge-specific — new...

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Frequently Asked Questions

Quick answers to the questions founders most often ask about EDF

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Can sole proprietors apply for EDF?
Yes -- sole proprietors can apply as a 'Yukon business' if they meet at least 3 of 4 conditions: office with a physical Yukon address; subject to the Yukon Income Tax Act; registered under the Business Corporations Act and Partnership and Business Name Act (where applicable -- this doesn't disqualify an unincorporated sole proprietorship); and a valid municipal business licence (where applicable). One caveat for Tier 2's online portal: register your organization type as 'Business,' not 'Individual' -- selecting 'Individual' makes you ineligible to apply.
What's the typical award size?
Most applicants receive $12,300–$52,300; average award was $27,013 in 2024-25. Tier 3 projects are larger ($100,001–$500,000) but require demonstrated capacity.
Do I need to pay upfront for expenses?
No, payments are milestone-based. You'll receive funds after completing specific project phases, not upfront. Budget must include all costs with 25% co-contribution.
Why do most applications get rejected?
Common reasons: missing 25% co-contribution, vague project outcomes without employment impact, or skipping the pre-application advisor consultation (encouraged, but not a required step).
Can I stack EDF with other grants?
Yes, compatible with NRC IRAP (if R&D), CanExport (if export-focused), Yukon SR&ED (20% territorial credit), and CanNor REGI (confirmed co-funding).

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