2011 Municipal Study - City of Brantford

Municipal Study 2011Economic Development ProgramsMany communities are struggling to maintain a competitive advantage in a rapidly changing globaleconomy. There are many forms of economic development programs used across Ontario toencourage growth. Programs to promote economic development include, but are not limited to:GrantsBusiness Enterprise CentresInterest Free LoansMunicipal land assemblyTax Incremental FinancingBrownfield programsCorporate Visitation ProgramsDowntown programsAmbassador ProgramsHeritage restoration programsRefund/waiving of feesDeveloping networks and busi-These activities are directly linked to the long term ability of communities to foster new public andprivate investment, create employment opportunities, increase income levels and reduce poverty.The report focuses on the following key areas of economic development programsBusiness Retention & Expansion ProgramsDowntown/Area Specific ProgramsBrownfield RedevelopmentIndustrial ParksEconomic Development Programs335