ICET’s mission is to be a partner and catalyst to build a diverse and sustainable Island and Coastal Economy. This mission is primarily achieved through strategic investments in key economic sectors, leveraging new funding and investment to the region, fostering collaboration and support for community economic development readiness.

ICET invests its funds primarily through its two grant programs, the Economic Infrastructure Program and the Economic Development Readiness program. It also provides regional funding and capacity building support through select sponsorship of events, bursaries and internships.

The specific region where the Trust may invest is defined on the map.

Funding Programs


Up to $400,000 in grant funding available for eligible projects.

Economic Development
Readiness Program

Up to $30,000 in grant funding available for eligible projects.


Regional Support Programs


Bursaries available for select economic development training courses and networking events.


Limited sponsorships available for regionally significant economic development or sectoral events.



Economic Development Internship available for recent graduates.