February 03, 2021
Grant applications for the 2021 Oxford Economic Stimulus Fund are open
$45,000 will be approved each intake for a total of $90,000 available for 2021.
Grant applications are now open for the 2021 Oxford Economic Stimulus Fund, a program designed to help local small and medium-sized businesses, not-for-profit groups, and business support organizations recover from the effects of the ongoing COVID-19 pandemic.
The 2021 grants will be disbursed in two intakes:
- Intake 1- applications due February 26
- Intake 2- applications due April 30
$45,000 will be approved each intake for a total of $90,000 available for 2021. Funding is provided for up to 85% of total project costs. Priority will be given to project applications that align with the following fund priorities:
- Promote the consumption of local goods and services
- Revitalise businesses in the downtown cores
- Prop up tourism/hospitality operators
- Directly support recovery efforts of small businesses
- Capacity development
Administered by Community Futures Oxford in collaboration with Oxford Connection, the Oxford Economic Stimulus Fund provides local businesses with flexible loans to restart businesses closed during the pandemic, revitalize downtown cores, support tourism and hospitality operators and more.
Non-profit and community organizations, co-operatives, and social service institutions are eligible for grants to support economic development, for instance, by creating and maintaining jobs, or complementing other funding sources to make local projects viable. In 2020, $90,000 in grants were provided to five projects in Oxford.
Learn about the eligibility requirements and application process for the Oxford Economic Stimulus Fund grant stream by attending one of the free online information sessions held every Tuesday at noon in February. For more information and to download the funding guidelines and application, visit www.cfoxford.ca.
Larry Martin, Warden, Oxford County
“The County recognizes that our local economy needs and will continue to need support to recover from the many effects of COVID-19. This is why, in the spring of 2020, we forged a partnership with Community Futures Oxford and Oxford Connection to offer the stimulus fund and help businesses support jobs, economic activity, and the overall health and wellbeing of our community.”
Allan Simm, General Manager, Community Futures Oxford
“It is vital that we continue to take an active role in supporting small business through COVID-19 and help support them on the road to recovery. In particular, the many small businesses that have been mandated to close or offer reduced levels of operation during the pandemic. The Oxford Economic Stimulus Fund takes a responsive, time-sensitive approach to economic recovery to meet the unique needs of our local businesses and agencies.”
About Oxford County
Located in the heart of southwestern Ontario at the crossroads of Highways 401 and 403, Oxford County has a population of approximately 121,000 people across eight area municipalities that are “growing stronger together.” The County is operates as a partnership-oriented, two-tier municipal government that is emerging as a leader in sustainable growth through the Future Oxford Community Sustainability Plan. Visit www.oxfordcounty.ca or follow our social media sites at www.oxfordcounty.ca/social.
About Community Futures Oxford
Community Futures Oxford is an independent, not-for-profit corporation committed to entrepreneurship and economic development in Oxford County. It is one of 60 Community Futures Development Corporations in Ontario and 269 across Canada. Its mission is to create and preserve jobs throughout Oxford County by supporting small business development, entrepreneurship and skills training, and by fostering community economic development. Visit www.cfoxford.ca for more information.
About Oxford Connection
Oxford Connection is a partnership among the economic development agencies of Woodstock, Ingersoll, Tillsonburg and Rural Oxford. It serves as a first point-of-contact for companies looking to locate or expand into southwestern Ontario’s manufacturing heartland. For more information visit www.oxfordconnection.ca
Allan Simm | Community Futures Oxford
519.425.0401, ext. 23 | firstname.lastname@example.org
Jenn Austin | Strategic Communication & Engagement
519.539.9800, ext. 3505 | email@example.com