183 The Queensway South Keswick, L4P 2A3
South Lake Futures Logo

CED


Community Economic Development (CED)

South Lake Futures partners with municipalities, first nations and other community organizations to support projects and special initiatives to implement strategic community projects. Community Economic Development (CED) is a result of a wider community consultation. Projects are designed to enhance our local communities, the overall climate for local business and build the community’s overall economic capacity. CED projects may range from the development of key infrastructures, to skills development, to other key community needs such as health care, recreation and general quality of life. The process assists in improving our communities, forging strong local partnerships and developing strong, community minded volunteers.


Non-repayable Funding 

Rural Innovation Initiative-Eastern Ontario (RII-EO)

With the support of the Federal Economic Development Agency for Southern Ontario, South Lake Futures is now accepting Applications for the Rural Innovation Initiative-Eastern Ontario (RII-EO). Supported projects will foster innovation, technology adoption and digital connectivity, strengthen competitiveness, productivity, business growth, process innovation, new market access, creation and retention of employment opportunities, increased profitability.


Eligible Recipients

Small and medium enterprises (SME) municipalities and not-for-profit organizations (NFP), located in the Town of East Gwillimbury, the Town of Georgina and the Township of Brock, as well as Fourth Pillar Not-For-Profit organizations supporting business and community transition into the new rural economy.

Eligible Projects

Projects should expand business growth and allow SME’s to embrace the rapid pace of disruptive technologies by supporting the adoption of advanced business and innovation processes such as new materials, cutting edge services software, integrated solutions, cloud computing, rapid prototyping and engineering, robotics and automation, machine learning and extended intelligence, etc. Priority consideration will be provided to projects in the following sectors:
• Advanced Manufacturing
• Clean Tech
• Digital Industries
• Agri-food and Food Processing
• As well as projects that focus on inclusiveness: youth, women entrepreneurs, Indigenous peoples, Official Language Minority Communities, persons with disabilities, immigrants and visible minorities

Eligible costs for project activities may include:

• Labour
• Expertise
• Non-Capital
• Capital

Ineligible costs include:

• Any costs deemed not reasonable and/or not directly related to the eligible project activities.
• Activities in support of regular maintenance and/or ongoing operational costs.
• Costs incurred prior to the eligibility date as defined in the Contribution Agreement.
• Costs incurred after December 31, 2020.
• Any cost that is ineligible under the Contribution Agreement.
• Acquisition of land or buildings.

Minimum project size:

The minimum project size eligible for funding is $50,000 with a 1:1 leverage requirement ($25,000 contribution from South Lake Futures). 


How to Apply

For a copy of our application or more information, please contact CED Officer Amir Doo at: adoo@southlakefutures.ca


Documents

South Lake Futures


© South Lake Futures | Website by mediasuite.ca