The Alberta government is providing an opportunity for communities to access $30 million over two years to diversify and grow their economies.
The funding is part of the Alberta Jobs Plan and will help pay for locally developed projects that promote long-term economic growth and diversification. The focus will be on projects that communities and municipalities couldn’t fund on their own.
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About $26.5 million will go towards communities, regions, municipalities and other organizations.
The Regional Municipality of Wood Buffalo will receive $750,000 to support the Back to Business Resource Centre and business recovery expos in Fort McMurray.
The rest of the money will go to Regional Economic Development Alliances and four Rural Alberta Business Centres.
“Business and community leaders across the province helped us create the Alberta Jobs Plan,” Economic Development and Trade Minister Deron Bilous said.
“This new support will put homegrown projects and economic development plans into action and help ensure Alberta’s cities and towns continue to be Canada’s best places to do business.”
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Applications for grants can be made through the new Community and Regional Economic Support program online starting in October.
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