Indigenous Community Infrastructure Initiative (ICII)

Applicants must be:

1. Indigenous communities
2. Indigenous economic development corporations
3. Indigenous organizations and/or industry sponsors, such as developers, contractors and/
or operators of the project, with support of the Indigenous community or communities of
interest, including First Nations, Métis and Inuit communities.

For a project to be eligible for the ICII, a project must:
1. Fall within at least one of the CIB priority sectors (Clean Power, Green Infrastructure, Broadband, Trade & Transportation, Public Transit) and be located in Canada;
2. Generate revenue, but can also be supported by a legal assignment of community
indirect or alternate revenue sources;
3. Be new infrastructure and/or represent significant upgrades to existing infrastructure;
4. Evidence that no other lender will provide financing at terms and conditions that
make the project viable;
5. Provide a direct benefit to an Indigenous community or communities by either:
6. Closing an infrastructure gap in an Indigenous community, or
7. Evidencing a minimum Indigenous community ownership of 20% equity in the
project, thereby promoting Indigenous economic participation;
8. Include Indigenous community capital and/or other industry sponsor investment of
at least 20% of project capital cost net of grants; and
9. Represent a CIB commitment of between $5-100 million and not more than 80% of
the total capital cost net of project grants.