The Community Development Corporation of Sault Ste. Marie and Area has earmarked $125,000 to help community partners with projects and activities that promote economic development in our region.
The money has been allocated over the next five years.
“The CDC has been very active over the years supporting community economic development through our Loan Fund, Business Counselling, and Community Development Funds," said Jerry Dolcetti, CDC chairperson. "This initiative, while modest, should be a catalyst for a number strategic projects requiring supporting capital.”
The maximum grant will normally be limited to $2,500 for projects such as:
- industry business sector marketing initiatives
- tourism
- special event costs
- business development related conferences
- strategic planning for non-profits
- labour force development projects and events
- programs encouraging entrepreneurship for youth, newcomers, the arts and other strategic groups
Eligible applicants include First Nations, municipalities, Economic Development Corporations, and other non-profit organizations engaged in economic development within Sault Ste. Marie and the surrounding area.
The application, as well as additional information, can be found on the CDC website.
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