New Intake for Rural Economic Development Program

December 11, 2020
By Bob Peters

Cornwall Ontario – There is a new intake for Rural Economic Development program (RED), which helps communities diversify their economies, retain skilled workers and create jobs.

Lamoureux Park - Cornwall

The deadline for this intake is February 1, 2021.

There is a public information session on December 18; 10-11:30 am. Space is limited. Please register here:

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

  • funding assistance to address barriers to economic development, better position rural communities to attract and retain jobs and 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 so Rural Ontario continues to share in the province’s economic prosperity

The program typically supports municipalities and not-for-profit organizations.

Intake is now available for two streams:

  • Economic Diversification and Competitiveness Stream: up to 50% of eligible project costs to a maximum of $150,000.
  • Strategic Economic Infrastructure Stream: up to 30% of eligible project costs to a maximum of $250,000.

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