In-kind contributions may form a portion of applicant equity or matching financial resources to an ICET requested contribution, provided certain criteria is met.

In order to be deemed eligible, all in kind donations must be fully detailed in the project application budget and approved by ICET. In-kind donations added after ICET Stage 2 approval will not be eligible for reimbursement.

In addition, all donations must be unconditional. This means that donations cannot be subject to the allocation of a contract (ex: 10% discount on services if contract is obtained), in exchange for consideration (ex: construction material donation subject to right to occupy or control occupancy in the building) or any other condition which requires some form of promise, exchange, consideration or action to obtain the donation.


  1. In-kind donations cannot exceed 50% of the matching funding sources.
  2. Such in-kind contributions may consist of labour, services and materials.
  3. These contributions must have demonstrated market value.
  4. Discounts on services or materials are not considered eligible in-kind donations.
  5. Non specialized general labour costs will be valued at $15.00/hr
  6. All in-kind volunteer labour donations must be verified by timesheets indicating the name of the volunteer, the date of work and number of hours worked.
  7. Board of Directors’ volunteer time or any costs associated to Board activities are not eligible for reimbursement.
  8. Donations of specialized labour or materials by third party organizations/businesses must be supported by official invoices on their standard invoice form documenting dates, description of work, number of hours worked and/or itemization of materials donated as well as the value of the work or materials donated.
  9. For donated equipment and equipment time, applicants are directed to the Blue Book Equipment Rental Rate Guide available at
  10. Independent third party verification of invoices may be required.
person years employment created (construction phase)
locally elected officials and MLAs working together
million annual provincial government revenue generated
post completion jobs created
dollars leveraged for every ICET dollar invested
million leveraged into the region
million disbursed
million committed
economic development projects
projects completed
projects in small (less than 5,000) communities
communities with ICET projects

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