
Competitive advantage has drawn many different business clusters to the Bay of Quinte region ...
***EODP FUNDING ANNOUNCEMENT***
Government of Canada Supports Economic Growth in Eastern Ontario
For immediate release
October 21, 2011
Trenton, Ontario — Eastern Ontario businesses and communities will benefit from a renewed investment in the region announced today by the Honourable Gary Goodyear, Minister of State for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). A Government of Canada investment of $30 million over the next three years will support the renewal of the Eastern Ontario Development Program, resulting in a greater number of economic development initiatives and improved partnerships.
"I am proud today to announce that our government is moving forward with its commitment to create jobs and economic growth here in eastern Ontario," said Minister Goodyear. "This additional investment in the Eastern Ontario Development Program will offer new opportunities for the people, businesses and communities in this region." The program is managed by FedDev Ontario and funding will be delivered by 15 Community Futures Development Corporations located throughout rural Eastern Ontario.
"The Eastern Ontario Development Program has been a catalyst for business and community development across eastern Ontario for a number of years," said Dan Stanford, Chair of the Eastern Ontario CFDC Network. "We are pleased to continue our partnership with the Government of Canada so that Community Futures Development Corporations can support projects that will grow and diversify the regional economy."
To find out more about the
Eastern Ontario Development Program and how to access program funding, please refer to the backgrounder.
Created in 2009, FedDev Ontario supports the southern Ontario economy by building on the region's strengths and creating opportunities for jobs and economic growth. The Agency has launched a number of initiatives to create a Southern Ontario Advantage and place the region in a strong position to compete in the global economy. These initiatives are designed to encourage partnerships and support projects that help the region's businesses and communities become more competitive, innovative and diversified. To learn more, please visit
www.feddevontario.gc.ca or call 1-866-593-5505.
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For more information, contact:
Gary Toft Director of Communications
Office of the Honourable Gary Goodyear
613-943-7599
Media Relations
FedDev Ontario
519-571-6879
For further background information regarding the EODP, including various CFDC website links, please click here.