On February 13, the Honourable Filomena Tassi visited the Brassiere Tuque de Broue Brewery in Embrun to announce a financial support program centered around rural economic development. Tassi, who is in charge of the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), was joined by deputy minster Nancy Gardiner, chairperson of the Prescott-Russell Community Development Corporation (PRCDC) Eric Drouin, and MP for Glengarry-Prescott-Russell Francis Drouin.<\/p>\n
\u201cIt\u2019s great that we\u2019re able to make this announcement here at this amazing brewery, your story is really amazing,\u201d said Tassi. \u201cI\u2019m so happy to join you here in this beautiful rural community here in Embrun. This community is a great example of why increasing support for rural businesses is so important.\u201d<\/p>\n
Tassi went on to announce an investment of nearly $40,000,000 over the next three years into Southern Ontario\u2019s 36 community future development corporations in three networks, which Eastern Ontario is included in. This will go toward business counselling, access to capital, and economic development and strategic planning support.<\/p>\n
\u201cI can\u2019t wait to see the success stories that come out of this much-needed investment, and what our fantastic entrepreneurs will build and create right here in Embrun,\u201d Tassi said.<\/p>\n
With this investment, FedDev Ontario will be able to fund many more small and medium enterprises (SMEs) in southern Ontario. There are three application streams for three different kinds of funding: business scale-up and productivity, regional innovation, and community economic development and diversification. In each stream, businesses must describe the project they wish to undertake and how it will benefit the region, and demonstrate that they have the management and technical capacity to complete the project.<\/p>\n
\u201cI must state that the dedicated and knowledgeable staff and board members of the 36 southern Ontario CDCs and association are proud to be a part of one of Canada\u2019s strongest, most efficient, and most valuable community futures program,\u201d said John Candie, executive director of the PRCDC. \u201cWith over 1,400 employees, 3,000 volunteers, and once again with today\u2019s exciting funding announcement, we will continue to make a difference in our rural communities.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
FedDev Ontario has received an investment of $40,000,000, which it will use to support rural businesses across Southern and Eastern Ontario. <\/p>\n","protected":false},"author":9,"featured_media":27993,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[39],"tags":[],"class_list":["post-27992","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-affaires"],"acf":[],"featured_media_global":[],"yoast_head":"\n