Government Funding to Economic Development
Vic Fedeli, MPP for Nipissing announced that the Ontario government is positioning rural Ontario for increased economic development and prosperity by launching a new intake under the Rural Economic Development (RED) program.
The funding opens doors to rural economic development through:
· funding assistance to address barriers to economic development and labour force challenges, better position rural communities to attract or retain 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 intake opened on January 21, 2024, and closes on February 21, 2024.
