Rural Economic Development (RED) Program (2022)
Description:
Ontario’s Rural Economic Development (RED) Program provides cost-share funding to not-for-profit organizations to support activities that create strong rural communities in Ontario, and opens doors to rural economic development.
The RED program supports Projects in two streams. The Economic Diversification and Competitiveness Stream provides funding for projects that remove barriers to business and job growth, attract investment, attract or retain a skilled workforce or strengthen sector and regional partnerships and diversify regional economies. The Strategic Economic Infrastructure Stream supports minor capital projects that advance economic development and investment opportunities.
Comments on Funding:
Funding for the Economic Diversification and Competitiveness Stream is up to 50% of eligible costs, to a maximum of $150,000.
Funding for the Strategic Economic Infrastructure Stream is up to 30% of eligible costs, to a maximum of $250,000.
Projects receiving other provincial funding are not eligible to apply for or receive funding under the RED program.
Eligibility:
Applicants must be:
Applications Steps:
Applicants must:
Applicants will receive confirmation with an application number within five business days of the receipt of application. If they do not receive confirmation, please call the Agriculture Information Contact Centre at 1-877-424-1300.
Documentation Needed:
- a completed RED program application;
- a co-applicant form (if there are co-applicants);
- three years of financial statements or a letter to that effect (not required for municipalities);
- constituting documents, such as articles of incorporation or other similar evidence of legal status (not required for municipalities, Indigenous communities and agricultural organizations incorporated by the Agricultural and Horticultural Organizations Act).
Optional but recommended:
- letters from partners and co-applicants indicating their support for the project, including any in-kind contributions to the project if applicable;
- quotes / estimates to support the project budget;
- supporting documentation (for example, feasibility studies, strategic plans, reports, relevant research or anything else that supports the need for the project and anticipated impacts)
Other Things to Note:
The intake for the RED program is now closed. Please check back here for updates and new intake dates.
When It Ends:
Currently closed
Deadline:
2022 deadlines to be determined