The Ontario Rural Economic Development Program Is Open For A Limited Time

December 16, 2020

Funding Program News Provincial Grants Funding for Municipalities Ontario

Have you identified any plans for projects that create jobs and boost economic growth?

Ontario’s Rural Economic Development (RED) program provides cost-share funding to support activities that create strong rural communities in Ontario. The program opens doors to rural economic development through:

 

  • Funding assistance that addresses barriers to economic development, better position rural communities to create and retain jobs, attract investment, and enhance economic growth
  • Funding to build community capacity and support for economic development in Ontario’s rural communities
  • Investments in rural communities to help diversify and grow local economies – making economic growth more inclusive and relevant so rural Ontario can continue to share in the province’s economic prosperity
 

Program Streams

 
Economic Diversification and Competitiveness Stream
Up to 50% of eligible project costs to a maximum of $150,000. Eligible projects should:
  • Remove barriers to business and job growth
  • Attract investment Attract and/or retain a skilled workforce
  • Strengthen sector and regional partnerships
  • Diversify regional economies in rural Ontario
The majority of costs for projects in this stream will be non-capital. Projects must include implementation-oriented activities beyond strategic plan development (for example, economic development, feasibility, marketing, research or evaluation.)
 
Strategic Economic Infrastructure Stream
Up to 30% of eligible project costs to a maximum of $250,000. Examples of eligible projects include but are not limited to:
  • Rehabilitation of cultural, heritage, or tourism attractions
  • Redevelopment of vacant or under-used properties
  • Main street minor capital improvements

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At GrantMatch, we acknowledge that our headquarters are situated on the Treaty Lands of the Mississaugas of the Credit First Nation, as well as the Traditional Territory of the Haudenosaunee, Huron-Wendat, and Anishinabek people. This land is covered by the “Dish With One Spoon” wampum agreement. We respectfully recognize that these lands’ original inhabitants and caretakers are First Nation and Métis people, and we are deeply grateful to be able to work on this land. As a remote team with employees across Turtle Island, also called North America, we would like to acknowledge the importance of the land that each of our team members calls home. GrantMatch actively encourages employees to learn about the history of the land on which they are situated and their local Indigenous peoples.