Community Economic Development (CED)

Overview of the Community Economic Development (CED) program:

The CED program focuses on initiatives that create jobs, spark innovation, and foster inclusiveness for specific client groups, such as women, youth, and Indigenous peoples, as they start, grow, or diversify their businesses. It supports projects that help small businesses adapt to changing economies and technologies, and encourages partnerships with local governments, Indigenous groups, educational institutions, and community organizations. Additionally, the program aims to boost economic impact by strengthening and expanding tourism markets, and supports organizations that promote regional economic development.

Benefits of the Community Economic Development (CED) program:

• Financial Support: Non-repayable grants of up to $5,000 to support eligible projects.
• Community Engagement: Opportunities to collaborate with local governments, Indigenous groups, educational institutions, and community organizations.
• Economic Growth: Support for projects that enhance local economic stability, growth, and job creation.
• Innovation and Adaptation: Assistance for small businesses to adapt to changing economies and technologies.

Eligibility criteria of the Community Economic Development (CED) program:

• To be eligible, applicants must:
• Be a business, not-for-profit organization, or individual located within the City or County of Peterborough.
• Propose a project that aligns with the program's objectives, such as job creation, innovation, inclusiveness, or economic development.