CFN – On November 15, 2012, The Eastern Ontario Development Program (EODP) has been very successful since last year. EODP has assisted 19 clients and created 32 jobs in the communities of Stormont Dundas & Glengarry. Within the Cornwall area $347,725.00 has been dispersed to grow small businesses and create jobs.
Today the Stormont Dundas & Glengarry Community Futures Development Corporation is please to announce the 2013 funding phase for the region of Stormont, Dundas & Glengarry is open with $884,800. of EODP funding available to eligible projects.
“The investment in our region is a continuation of our government’s promise to focus on the economy and jobs” said MP Guy Lauzon. “I believe that our region is the most attractive area in the country for the public and private sectors to do business in. The Eastern Ontario Development Program helps to attract and enhance private sector businesses in our communities.”
Any municipality, not-for-profit corporation, first nation or business based within Stormont, Dundas and Glengarry, including the City of Cornwall, is eligible to apply for funding from any of the three streams: Business Development, Community Innovation or Collaborative Projects. The maximum contribution to any specific project is capped at $100,000 per year. If the recipient is a for profit business the contribution cannot exceed more than 50% of the eligible costs.
The Program is managed by FedDev Ontario and local funding will be delivered by the SD&G Community Futures Development Corporation.
To find out more about the Eastern Ontario Development Program, please visit the SD&G Community Futures Development Corporation web site at www.sdgcfdc.on.ca