ScotiaRISE Economic Resilience Grant Program

Grant Overview

$500 Million Community Investment Initiative

Donor: Scotiabank

About: ScotiaRISE represents a transformative $500 million commitment spanning 10 years, designed to foster economic resilience among disadvantaged groups across Scotiabank’s operational regions. This comprehensive funding initiative aims to create lasting impact through strategic investments in community development and social empowerment.

The program focuses on three key pillars that drive sustainable community growth: increasing high school graduation and post-secondary participation, accelerating newcomer integration into local communities, and removing barriers to career advancement for disadvantaged groups. Through these targeted investments, ScotiaRISE works to build stronger, more inclusive communities that can thrive under various circumstances.

What makes this initiative particularly impactful is its long-term commitment to addressing systemic barriers while promoting sustainable solutions. Organizations receiving funding must demonstrate measurable impact and sustained achievement records, ensuring that investments create meaningful change in communities.

Need assistance with your ScotiaRISE application? Grantaura’s expert team can help you develop a compelling proposal, including detailed project plans, budget forecasts, and impact metrics that align with ScotiaRISE’s objectives. Our grant specialists can guide you through the entire application process, from initial documentation to final submission.

Focus: Economic resilience, education advancement, newcomer integration, career development, community investment, disadvantaged groups support, youth employment, post-secondary education, social inclusion, financial success

Region: Canada, United States, Mexico, Peru, Chile, Colombia, Caribbean

Eligibility:
-Must be a registered charity or non-profit organization in the operating jurisdiction
-Must operate in countries where Scotiabank conducts business
-Must demonstrate a sustained record of achievement
-Must propose programs with measurable impact
-Must have proper governance and financial management structures
-Program must be open to all, regardless of faith, race, or sexual orientation

Benefits:
-Access to significant funding from the $500 million initiative
-Long-term partnership opportunities with Scotiabank
-Support for program development and implementation
-Opportunity to create lasting community impact
-Network connections within Scotiabank’s community investment ecosystem

Deadline: Ongoing

Terms:
-Economic Resilience: The ability of individuals, households, communities, and economies to thrive under various circumstances and recover from economic challenges
-ScotiaRISE: Scotiabank’s 10-year, $500 million community investment initiative focused on promoting economic resilience
-Federated Appeals: Charitable organizations that raise and distribute funds to member agencies, such as United Way
-Recognition Plan: A detailed outline of how the funded organization will acknowledge Scotiabank’s support and measure program impact
-Governance Structure: The system of rules, practices, and processes by which an organization is directed and controlled