Brampton, Ontario: MP Sonia Sidhu announces that the City of Brampton has been approved for a $945,000 non-repayable contribution through the My Main Street Local Business Accelerator program to support the revitalization of six main street communities in Brampton: Downtown, Mount Pleasant, Uptown, Kennedy Road, Bramalea GO and Queen Street.
In response to the COVID-19 pandemic, the Government of Canada, through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced a $23.25-million investment to the Canadian Urban Institute (CUI) and the Economic Developers Council of Ontario (EDCO) to establish My Main Street — a two-year program to support the recovery and revitalization of main streets and local businesses in southern Ontario through two program streams.
EDCO is delivering the My Main Street Local Business Accelerator program stream, which supports the revitalization of 65 main street communities, and provides non-repayable contributions for more than 650 local businesses across southern Ontario.
The program will be delivered over two years and focuses on creating and maintaining vibrant and inclusive local main streets while providing residents, new entrepreneurs, and existing businesses with economic opportunities in our main street communities.
Six main street communities in Brampton will be supported with a dedicated Main Street Ambassador, customized market research, data analysis and non-repayable funding contributions for new and existing small businesses.
“ Businesses in Brampton have faced challenges during the pandemic, and the Government of Canada will continue to support businesses during this difficult time. With the My Main Street program, Brampton businesses and many businesses around the country will be offered services and critical funding so that they can thrive.” says MP Sidhu.
The initiative was created in response to the COVID-19 epidemic, and Mayor Patrick Brown said that the $945,000 funding would “help local businesses and enhance market prospects in our wonderful city.”
“Brampton is a City of Opportunities,” Brown said in a statement. “We are committed to assisting our local companies as we fight together to overcome the effects of the COVID-19 epidemic.”
The six main street neighbourhoods will be supported by a designated Main Street Ambassador inside the City’s Economic Development Office, according to the city.
The two-year initiative is a $23.25 million investment that will assist the rehabilitation and regeneration of southern Ontario’s major streets and local businesses via two programme streams.
