The EODP is a program of the Federal Economic Development Agency for Southern Ontario and is being delivered in partnership with the 15 Community Futures Development Corporations in eastern Ontario. The program supports rural eastern Ontario communities to pursue the creation of a competitive and diversified regional economy through investment in economic development, small business growth, job creation and community innovation. To date, more than $48 million has been invested through the EODP business and community development projects.
Community Innovation supports strategic community-led economic development projects that will enhance and diversify Peterborough’s economy.
Business Development supports projects to stimulate business development opportunities within that lead to the growth of new and existing businesses within the City and County of Peterborough.
Primary consideration will be given to projects that will provide the following to Peterborough County:
Sustainable Long Term Job Creation, Innovation, Market Diversification, and Research & Development
Industry Sectors may include:
Clean technology & Water Quality, Agriculture and Agri-tourism, High Technology, Manufacturing, Health, Women Entrepreneurs, Indigenous, Youth, and Innovation
Download an application and funding guidelines at http://communityfuturespeterborough.ca/eodp/
For Immediate Release
Funding Available For Expanding Local Companies to Create Employment Opportunities
February 3, 2016 Peterborough, ON
The Peterborough Community Futures Development Corporation (CFDC) is now accepting new applications through the Eastern Ontario Development Program (EODP), which advances economic development in rural eastern Ontario.
A wide variety of projects focusing on business growth, community innovation and/or collaborative economic development will be considered for non-repayable contributions through this Government of Canada program, supported by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). All decisions are made locally, by the volunteer Peterborough CFDC Board of Directors, which considers projects throughout the City and County of Peterborough. For full details on eligibility please visit: www.communityfuturespeterborough.ca .
The deadline for applications is February 23, 2016.
Through EODP, FedDev Ontario is collaborating with CFDCs in eastern Ontario and the Eastern Ontario Community Futures Development Corporations Network Inc. (EOCFDC Network) to promote the growth of new and existing businesses in rural communities.
- The Peterborough Community Futures Development Corporation (CFDC) provides services for passionate entrepreneurs who require financing and understanding to start or expand their business. They have been proudly assisting the Peterborough community since 1985 with flexible financing, loans and non-repayable contributions.
- The Peterborough CFDC is one of the 15 Community Futures Development Corporations (CFDCs) in eastern Ontario funded by the Eastern Ontario Development Program (EODP) through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). CFDCs deliver a wide variety of programs and services to support community economic development and small business growth. They employ local staff and are each governed by a volunteer board of directors, made up of local residents representing the community.
- The EODP is a $48-million economic development initiative focused on addressing economic challenges in eastern Ontario and taking advantage of innovative opportunities in the region. The five-year renewal of the program, from 2014 to 2019, is expected to result in more strategic, long-term economic development investments and collaborative projects that will benefit eastern Ontario businesses and communities.
The Federal Economic Development Agency for Southern Ontario (FedDev Ontario) is now accepting applications for the new Canada 150 Community Infrastructure Program. The program supports the rehabilitation, renovation and expansion of existing community infrastructure, with the aim of creating a lasting legacy for the future as Canada celebrates its 150th anniversary. More than $44 million is available for projects in southern Ontario.
Examples of eligible projects include improving accessibility to a community centre, repairing a museum’s roof, expanding a gymnasium, or extending a trail or bike path. The construction of new infrastructure, temporary installations, moveable equipment or infrastructure expansions of more than 50 percent in size are ineligible.
Eligible applicants are encouraged to submit their application using the online form. Applications must be submitted by 5:00 p.m. EDT on June 9, 2015. Please note applications submitted via email are not considered online applications.
For detailed program and application information, please visit www.FedDevOntario.gc.ca/CIP150