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Provincial Government Supplying Rural Economic Funding

Rural communities in Ontario can boost their economic growth by applying for provincial funding.

The province says it will be funding projects ranging from downtown revitalization plans to tourism-related marketing through its Rural Economic Development program.

The province will invest $5-million into these projects each year.

In 2016, the town of Prescott took advantage of this, receiving about $35,000 to undertake a Business Retention and Expansion project to encourage local business growth.

For more information or to apply for funding, visit their website here.

 

(Written by: Andreas Pandikiu)

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