Community Advancement Program (CAP)

Overview of the Community Advancement Program (CAP) program:

The Community Advancement Program (CAP), spearheaded by Community Futures Peterborough (CFP), is designed to enhance business attraction, investment, retention, and employment opportunities within the City and County of Peterborough. This initiative is centered on creating economically sustainable communities through projects aligned with entrepreneurship, economic opportunities, and tourism. CAP supports activities that contribute to community stability and competitive rural economic diversification. Its goals align with the priorities of the Federal Economic Development Agency of Southern Ontario (Fed Dev Ontario), emphasizing sustainable development, inclusivity, and economic competitiveness.

Benefits of the Community Advancement Program (CAP) program:

• Promotes local economic growth and job creation.
• Encourages business diversification and tourism.
• Supports community sustainability.
• Offers access to branding and promotional support from CFP.

Eligibility criteria of the Community Advancement Program (CAP) program:

• Eligible applicants must present projects that:
• Contribute significantly to community economic development.
• Applicants must be located within the City and County of Peterborough borders.
• Demonstrate a well-defined and sustainable budget.
• Include reporting of leveraged dollars and partners involved.
• Eligible expenses must occur between April 1, 2025, and March 31, 2026.