Rural Economic Development (RED) New Streams Announced for October 2021
The Rural Economic Development Fund (RED) has announced October 1, 2021 deadlines for two new funding streams.
The Rural Economic Development Fund (RED) has announced October 1, 2021 deadlines for two new funding streams.
The federal Aerospace Regional Recovery Initiative funding program will provide $250 million over the next three years to support recovery from COVID-19 for small and medium-sized aerospace sector businesses across Canada.
The Jobs and Growth Fund (JGF) is a $700 million federal government funding program that aims to strengthen Canadian economies and create jobs for long-term growth following the global COVID-19 pandemic.
The Government of Ontario has invested $100M into the new Venture Ontario Fund, a joint enterprise of a total $205M to provide venture capital and business growth funding for Ontario businesses enhancing innovation, economic growth, and job creation.
Six Northern Ontario businesses have been awarded over $2.1 million in funding through the NOHFC Program geared towards supporting businesses and stimulating economic growth.
Ontario has announced an investment of $690,000 to provide a new, free training program to 260 manufacturing employees around the province to upgrade productivity, health and safety in the workplace, and supply chain strength.
The Government of Ontario has announced an additional investment of $50M to the Ontario Together Fund (OTF), a program which helps businesses pivot their manufacturing operations to focus on producing solutions for fighting COVID-19.
The Ontario government is providing one-time payments of $10,000 to $20,000 to support eligible small tourism and travel businesses.
Through the Early Adopters Stream of the Agri-Tech Innovation Cost-Share Program, Ontario farm and processor businesses can receive up to 35% to a maximum of $100,000 per eligible costs on a relevant COVID-19 safety project with a value of at least $150,000.
Paris Kitchens has won Canadian government grants and loans. See how Mentor Works helped them identify and apply for funding.