New Funding for Southwestern Ontario in 2012

 

A new $80-million provincial economic development fund for Southwestern Ontario will be rolled out early in 2012. The criteria, eligibility, what constitutes Southwestern Ontario and which stakeholders, agencies and businesses will be eligible for the funding are still to be determined. The fund is modelled on the $80-million Eastern Ontario fund which the Province of Ontario claims has generated or protected 11,000 jobs. The money is expected to be funnelled to businesses as well as economic development agencies for specific projects.
More information to come, but you can check out the Eastern Ontario fund to get a better idea on how this fund will work. http://www.ontariocanada.com/ontcan/1medt/econdev/en/ed_eodf_main_en.jsp