Community Futures Peterborough To Give $50,000 To Peterborough and County Projects In New Funding Program Launch

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Community Futures Peterborough (CFP) has launched a new funding program called the Community Advancement Program (CAP) to distribute $50,000 to projects driving economic stability, job growth and job creation which was announced at the Venture North Building on Tuesday morning.

(From left to right) Charlina Westbye, CFP board chair; Devon Girard, CFP executive director; Bonnie Clark, Peterborough County warden and Jeff Leal, Peterborough mayor. Photo by David Tuan Bui.

The program provides a maximum of up to $5,000 (non-repayable funding) to each successful applicant for their project. It is open to all businesses, not-for-profits and individuals in the City and County of Peterborough.

“The creation of this program demonstrates the commitment our organization has to advancing our local community forward,” said Devon Girard, CFP executive director. “The distribution of $50,000 in our economy should make a real difference to drive various economic development initiatives.”

CFP seeks projects that boost community business attraction, investment, retention and employment. Applications are being accepted until March 8, when a committee will oversee the applicant process following the deadline.

“The Community Advancement Program will boost economic development in our region by helping businesses, non-profits and individuals in the City and County of Peterborough to invest in their community,” said Jeff Leal, Peterborough mayor. 

“Community Futures Peterborough, with the support of FedDev Ontario, continues to help our business community reach its full potential,” said Bonnie Clark, Peterborough County Warden. “The CAP program will help businesses to adapt, innovate, and grow to serve our communities including those in rural Peterborough County.”

The federal government funds the money through FedDev Ontario.

CFP will notify selected applicants in April, according to Girard. Applications are available online at CFP’s website.

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