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The Rural Economic Development Program received $4.3M from Ontario government
September 6, 2023 By Greenhouse Canada
Sept. 6, 2023 – The Government of Ontario has allocated over $4.3 million in funding for up to 80 projects as a part of the latest intake of the Rural Economic Development (RED) Program.
The RED program works to support projects that diversify rural economies, retain skilled workers, and create jobs in local communities.
The project is designed to positively impact rural Ontario by “supporting entrepreneurship in the region, strengthening the skills of community members, preparing the next generation of entrepreneurs, and strengthening partnerships among the economic development community,” notes a press release.
The RED program provides cost-share funding support towards activities that create strong rural communities. This includes funding assistance to build local capacity and improve job prospects.
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