This guide for business owners covers current City of Thorold funding programs, including grants, development charge exemptions, and other types of financing for entrepreneurs.
This is our dedicated “hub” page for City of Thorold funding programs. We’ll continuously update this page to reflect changes in programs – so bookmark this page and check back often for updates!
City of Thorold Mandate
The City of Thorold’s vision is to be a place where all residents and businesses can thrive, with access to economic and educational opportunities, accessible amenities and infrastructure, and a strong sense of community. Thorold will improve the lives of residents and foster an environment for business success through forward thinking leadership, customer service excellence, careful resource planning, and infrastructure that generates civic pride.
Below are the links to the City’s financial incentives:
- Facade Improvement Grant Program (FIGP)
- Brownfields Municipal Tax Incentive Program (BMTIP)
- Property Tax – exemption
- Tax Increment-Based Financing Program (TIFP)
- Development charge exemptions and credits:
- Industrial Expansion – exemption
- Redevelopment – credit