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Site Readiness Program │ Government of Ontario

none

Value

up to $25,000 per site

Description

The Site Readiness Program provides financial support to property owners to complete site preparatory work for an eligible industrial property.

Eligible Applicants

Applications must be submitted by the registered owner(s) of the site.

Applications must be sponsored/endorsed by either the municipality or regional economic development organization and by the municipal Chief Planning Official or their delegate.

Applicants are limited to submitting five (5) applications for reimbursement per year. Sites that are current participants in the Investment Ready: Certified Site program are not eligible.

Applicants who have been previously accepted to the Investment Ready: Certified Site program but are no longer actively certified in the program (for example: certifications have expired or Applicants have withdrawn from the program), are eligible to apply.

Eligible Expenses

A maximum grant of 50% of eligible costs, up to $25,000 per site, will be paid as a reimbursement of eligible costs provided the following conditions have been met:

  • applications have been accepted into the Site Readiness Program through the application process
  • the activities identified in the work plan has been completed and its completeness confirmed by program staff
  • the Applicant has entered into and agreed to the terms of a funding Agreement with the Province of Ontario
  • to receive reimbursement, invoices for each eligible cost are required and must be submitted after the completion of the work plan. All invoices must itemize the work completed for the program. Please ask your service provider to include on all invoices, the references to the site (i.e. legal description or municipal address) for which the work is being completed

Deadline Date

The Site Readiness Program operates on an invitation-only basis for formal applications. Applicants must first complete a mandatory pre-application consultation. Following this consultation, eligible applicants will receive an invitation to submit a formal application package. There is no fixed deadline for the initial pre-application consultation. Please visit the official website for detailed guidelines and to initiate the consultation process.

Contact

Contact Name: program staff

Phone Number: 1-855-585-0475

E-mail Address: investmentready@ontario.ca

Website: https://www.ontario.ca/page/site-readiness-program-your-industrial-property

Industry:

Employment, Other

Location:

Ontario

Tags:

Business, Economic Development

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