New projects in the Stony Plain area to spur job creation
The Alberta government is helping communities create jobs and diversify their local economy through the Community and Regional Economic Support (CARES) program.
The Stony Plain region will benefit from $135,350 in funding through the first CARES intake.
Stony Plain MLA Erin Babcock made the announcement Friday on behalf of Economic Development and Trade Minister Deron Bilous.
“So much of Alberta’s economic strength and entrepreneurial drive is centered in our province’s smaller cities and towns. Every region in Alberta brings multiple strengths to our way of life, whether in energy, agriculture, forestry, mining, tourism or other areas. This funding will help communities with common interests tackle economic development projects that they might not have been able to individually. Through these projects, local leaders are working together to grow and diversify our economy and make life better for Alberta families.”
The funding includes:
- $38,850 to Community Futures Capital Region for their Succession Matching Community Project
- $71,500 to the Town of Devon for its Attract Investment for High-Value Job Creation project
- $25,000 to the Village of Warburg to implement a Regional Economic Development Strategy
The projects will deliver workshops and webinars to engage Alberta entrepreneurs and expand the capacity of Alberta businesses, help diversify the local industrial base and design a roadmap to a net-zero energy future.
Such initiatives are designed to drive economic development, tourism and job-creation opportunities.
Following the first CARES application intake in 2016, the program evaluated 88 applications from regions and communities, representing approximately $10.5 million in requested grants. These projects are among many throughout the province receiving support through the first intake of the CARES program.
The second intake for the CARES program is now open and runs until May 31, 2017. Eligibility criteria and more information on how to apply are available at jobsplan.alberta.ca.