Business Development Grant Program
Intended to provide financial incentive to stimulate new investment in targeted economic sectors for the purposes of expanding and diversifying Windsor's economy.
Consists of a grant program, whereby new businesses will be eligible to receive a grant for a percentage of the tax increment generated from the investments made in the development or redevelopment of the building or property in conformity with this Community Improvement Plan (CIP).
Offered by Windsor Economic Development
Amount
Grant equivalent up to 100 percent of the municipal property tax increase created by the project for up to 10 years after project completion
Quick eligibility check
Who can apply
Intended to provide financial incentive to stimulate new investment in targeted economic sectors for the purposes of expanding and diversifying Windsor's economy. The program will also apply to projects that demonstrate a major investment resulting in a significant positive impact on the local economy and workforce.
Project must create a minimum of 50 new jobs within the manufacturing sector or more than 20 jobs within any other targeted sector(s).
About the funding
Consists of a grant program, whereby new businesses will be eligible to receive a grant for a percentage of the tax increment generated from the investments made in the development or redevelopment of the building or property in conformity with this Community Improvement Plan (CIP).
Grant equivalent up to 100 percent of the municipal property tax increase created by the project for up to 10 years after project completion.
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| Business Retention and Expansion Grant Program | Grant | Grant equivalent up to 100 percent of the municipal property tax increase created by the project for up to 10 years after project completion | Open |
| Development Charges Grant Program | Grant | Grant to offset up to 100 percent of development charges paid for a project | Open |
| Small Business Investment Grant Program | Grant | Grant equivalent up to 100 percent of the municipal property tax increase created by the project for up to 10 years after project completion | Open |
| Ontario Together Trade Fund | Grant, Loan | Up to $5 million | Open |
