Rather than treat all communities and sub-regions equally, ICET recognizes that some communities face more administrative, social and economic challenges than others. The matching funding ratios approach is intended to create a “level playing field” among all communities which have different levels of financial and technical resources.

The matching funding guidelines are based on empirical data and a community economic performance analysis which determines the appropriate level of matching funding that can be provided to projects from each of the communities in the ICET region.

There are three potential levels of matching funding:

1:1 (50%), or equal matching, which is intended for smaller, remote and formerly resource dependent communities;

1:2 (33.3%), meaning that ICET funds no more than one third of the project cost, which is intended for rural and smaller urban communities that are experiencing relative growth and economic prosperity and;

1:3 (25%), meaning that ICET funds no more than one-quarter of the project cost, which is intended for larger, urban communities or communities experiencing advantageous economic and growth opportunities.


The matching funding ratios are based on data from a report commissioned by ICET, Summary of Community Economic Performance by Vann Struth Consulting Group in June 2007 which examined various factors driven by the Application Guidelines policy. The matching levels were reviewed in an updated study ICET Matching Regime Analysis with Consolidated Local Areas by Vann Struth Consulting Group in November 2009.

ICET Matching Funding Level List (PDF)

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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