REDA Enhancement Fund

The REDA Enhancement Fund (REF) is a program funded by Saskatchewan Industry and Resources and administered by the REDA’s.  It gives member municipalities access to matching grand funding for various economic development related projects.  Each REDA has access of up to $25,000 in REF funding.  These funds can be used for a variety of purposes including business planning and feasibility studies for various community-based projects.

Past REF projects include:

1. Ethanol Plant/Distillery Study
2. Sunflower Processing Study
3. Borderline Feeders Feasibility Study
4. Regional Tourism Project
5. Pulse Plant Feasibility Study

SEREDA Community Development Fund

This program allows our members to access funds for a variety of community projects such as promotional activities, feasibility studies and business plan development for any community-based project.  SEREDA may also consider applications for projects that are not community-based but will still provide benefit to the community through such things as job creation, economic spin-off, etc.

All applications are reviewed and approved on a case-by-case basis by our Board during our regular meetings.  Applications should be made before the project begins and should include a detailed description of the proposed activity as well as the project costs.

This fiscal year, the South East REDA Community Development Fund has budgeted $5000 that will go back to our members.  Once all of the funds have been utilized the
program will be over until next year.