Ontario Government Invests Over $260,000 to Support Rural Economic Development In Peterborough-Kawartha
/To help protect rural Ontario, the provincial government has invested $260,305.50 to support economic growth and long-term prosperity in Peterborough-Kawartha, announced at the Innovation Cluster on Monday.
Through the first intake of the ROD program, the province is investing over $5.5 million in 116 projects across rural Ontario. Photo by David Tuan Bui.
The funding is through the Rural Ontario Development (ROD) program, a $20 million investment by the province to strengthen local economies, support rural workers, and assist communities in planning for long-term growth according to Dave Smith, Peterborough-Kawartha MPP.
“Our rural communities are the backbone of Ontario’s economy, and this investment ensures that Peterborough-Kawartha has the resources to thrive for generations to come,” he said. “By backing localized initiatives like transportation studies, business plans, and innovation hubs, we are breaking down barriers to growth and equipping our fantastic local entrepreneurs with the tools they need to compete on a wider scale.”
Through the first intake of the ROD program, the province is supporting the following projects in Peterborough-Kawartha:
$145,000 for the Innovation Cluster for their Rural Innovation Centre Project
$50,000 to the City of Peterborough for the Future Ready Peterborough: Economic Development Strategy
$30,000 for Community Care Peterborough for the Rural Peterborough County Transportation Feasibility Study
$20,000 for the County of Peterborough for the Trade-Ready: Equipping Rural Entrepreneurs to compete Beyond the Region project
$15,308.50 for Farms at Work for the Peterborough Community Farm Business Plan
