Ontario Supporting Jobs and Economic Growth in Elgin-MiddlesexPublished on September 28, 2020
ELGIN-MIDDLESEX-- The Ontario government is committing nearly $1 million in cost-share funding to help communities like the Municipality of Thames Centre diversify their economies, retain skilled workers and create jobs, through a new targeted intake of the Rural Economic Development (RED) program.
Details about the funding were released by Ernie Hardeman, Minister of Agriculture, Food and Rural Affairs at an event in Leamington on September 18th.
“Now more than ever, it is important that our rural communities receive the support they need to remain vibrant and viable places to live,” said MPP Yurek. “I am proud that our government supports these essential components of life in rural Ontario.”
The intake is directed at not-for-profit organizations with a mandate towards regional economic development and eligible projects would be eligible for up to 70 per cent of total costs to a maximum of $75,000 in provincial funding.
Local eligible cost-share allocations are as follows:
- Municipality of Bayham- Streetscaping and Landscaping, $19,500
- Municipality of Thames Centre- Banner and Signage Streetscape Improvements, $5,550
- Applications will be accepted from September 21 – October 9, 2020.
- All costs must be incurred on or before March 31, 2021. Projects will not be extended beyond that date.
- Projects need to meet the following criteria:
- benefit rural Ontario
- have tangible outcomes
- reach beyond one county, region, or district
- The next regular intake of the RED program is scheduled to open in December 2020.