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The Rural Economic Development (RED) Program now accepting applications
FROM ONTARIO REGIONAL ECONOMIC DEVELOPMENT, Dec. 11, 2020 – The Rural Economic Development Program is now accepting applications. What is the RED Program? Rural Economic Development (RED) is a cost-share funding program that supports projects that create strong rural communities in Ontario. What are RED Outcomes? RED applications are assessed on their ability to result in one or more of the following: Jobs retained or created Investments attracted or retained Businesses attracted, retained and/or expanded Enhanced strategic economic infrastructure Regional partnerships that drive growth Who is eligible for RED? To be eligible for RED you must be: a Municipality a Not-for-Profit Entity an Ontario Indigenous Community or Organization, or a…
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New targeted intake opens under the Rural Economic Development Program
PRESS RELEASE – The Ontario government is committing nearly $1 million in cost-share funding to help rural communities diversify their economies, retain skilled workers and create jobs. Today, details about the funding were released by Ernie Hardeman, Minister of Agriculture, Food and Rural Affairs, which is being provided through a new targeted intake of the Rural Economic Development program (RED). “This funding will focus on diversifying regional economies and improving the competitiveness of rural businesses across the province,” said Minister Hardeman. “Due to the COVID-19 crisis many people are struggling, and this funding will support job creation and investment to help lift up individuals, families and businesses.” The intake is…
