About The Economic Development Trust
The Six Nations of the Grand River Economic Development Trust (EDT) is an application based, community investment trust available to groups who address community priorities within Six Nations. The EDT is the mechanism, in which surplus profits generated by the Six Nations of the Grand River Development Corporation (SNGRDC), are invested into the Six Nations community for the collective benefit of its members. This model of community investment was a direct result of the 2011 community engagement study, “We Gather Our Voices.”
The EDT Committee is responsible for reviewing, scoring and prioritizing applications for community investment. The committee consists of Rachel Martin (Chair), Andrew Joseph, Justin Porter, and Myka Burning.
The EDT Committee is one of five committees that form the SNGRDC Board of Directors. For more information on the SNGRDC Board of Directors
History of the Economic Development Trust
In 2016, after 3 public calls for applications, an Interim Board of Trustees was appointed with a specific mandate to develop a process to invest the Economic Development Trust community investment funds.
The Interim Trust was compromised of Jill Hill, Amy Lickers, Dr. Sabrina Saunders, and Claudine VanEvery-Albert. The Interim Trust began work in March 2016 and had approximately 8 weeks to complete its mandate.
The first ever, EDT application was released on June 6, 2016 with a deadline of July 5, 2016. In the inaugural year, the EDT received 46 applications with a total request of over $8.8 million. A total of 31 applications were approved with a total community investment of $3,537,257.95. To view the inaugural year 2016 recipients, click here.
This model of community investment was a direct result of the Tewawennaro:roks “We Gather Our Voices” community engagement project which gathered insight from the community regarding the creation of the Development Corporation.
About the Six Nations of the Grand River
Development Corporation
The Six Nations of the Grand River Economic Development Trust is the mechanism in which surplus profits generated by SNGRDC are invested back into the Six Nations Community for the collective benefit of the Six Nations Community.
The Six Nations of the Grand River Development Corporation (SNGRDC) manages the Six Nations’ economic interests in 20 renewable energy projects and numerous economic development opportunities, in and around the Six Nations territory. SNGRDC’s current green energy portfolio is capable of producing over 1300 MW of renewable energy through its direct or indirect involvement in seven solar and 13 wind projects. SNGRDC is located on the Six Nations Reserve and directly employs approximately 110 employees through Nation Enterprise or the administration of Economic Interests projects.
For more information about SNGRDC please click here.
