$100,000 Available For Projects Supporting Economic Growth Through Community Futures Peterborough's Advancement Program

Community Futures Peterborough (CFP) is doubling the funding to $100,000 through its Community Advancement Program (CAP) for projects supporting economic growth, announced at the Art Gallery of Peterborough on Tuesday morning.

Girard addresses the public on CFP’s 40th anniversary at the Art Gallery of Peterborough with several dignitaries in attendance. Photo courtesy of Community Futures Peterborough.

The money came from the federal government through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). The CAP will distribute an astonishing $100,000 to our region's not-for-profits, charities, municipalities and First Nation communities, a doubling from when it was first launched last year.

“Our organization is committed to advancing our local economy forward and is thrilled to be able to distribute $100,000 back into our community this year,” said Devon Girard, CFP executive director. “We fully understand and recognize the impact these dollars can make to create real change.”

The extra funding is part of CFP’s 40th anniversary where the City recognized the organization’s milestone.

“Building on a successful first year, the Community Advancement Program now offers even more support for businesses, non-profits and other eligible organizations to invest in the Peterborough region,” said Mayor Jeff Leal.

“Providing stability, building trust, and fostering a strong reputation in our region are all at the core of what we do at Community Futures Peterborough,” said Wayne Harding, CPF board of directors chair. “It's about giving back and demonstrating unwavering commitment to our community.”

The Community Advancement Program will provide 10 chosen applicants with non-repayable funding of $10,000 for their project.

Applications for the CAP program and full program guidelines are available on the Community Futures Peterborough website. The deadline to apply is March 7. All applicants will be notified by April 1 of the result of their application.

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