Business Retention and Expansion Grant Program
Intended to provide incentive to encourage existing businesses to make new capital investment in targeted economic sectors for the purposes of expanding and diversifying the local economy.
Consists of a grant program, whereby existing 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
Project must create or retain a minimum of 50 jobs within the manufacturing sector or create more than 20 jobs or retain a minimum of 35 jobs within any other targeted sector(s).
About the funding
Consists of a grant program, whereby existing 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 Development 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 |
