Monday, Jan 24 2022
BRAMPTON, ON (January 24, 2022) – 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 (from Orenda Court to south of Glidden Road), Bramalea GO and Queen Street (Centre Street to 410, Dixie Road to Bramalea Road and Torbram Road to CN rail line).
These six main street communities will be supported by a dedicated Main Street Ambassador within the City’s Economic Development Office. As part of the program, the communities will also receive customized market research, data analysis and non-repayable funding contributions to support new and existing small businesses.
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 the main street communities.
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.
For program details and further information, visit www.mymainstreet.ca or contact the Brampton Entrepreneur Centre at Bec@brampton.ca.
Quotes
“Brampton is a City of Opportunities, and we are dedicated to supporting our local businesses as we work to overcome the impacts of the COVID-19 pandemic, together. Collaboration will all levels of government and community partners plays a key role in this. We are grateful to receive $945,000 for six communities across our city through the My Main Street Local Business Accelerator program. It will help us to support local business and elevate market opportunities in our great city.”
– Patrick Brown, Mayor, City of Brampton
“Main street communities play a central role in a city’s economy, and are often where community building and relationships take form. We are grateful for this key investment from our partners at FedDev Ontario, and look forward to experiencing the economic opportunities it will bring our residents, new entrepreneurs and existing businesses across these six main street Brampton communities. ”
– Martin Medeiros, Regional Councillor, Wards 3&4; Chair, Economic Development, City of Brampton
“The My Main Street $945,000 contribution for Brampton will help ensure our main streets grow and thrive as we navigate and move forward from the impacts of the COVID-19 pandemic. These six communities are central to our city’s economy, and in providing them with enhanced opportunities, our entire city will benefit.”
– Paul Vicente, Regional Councillor, Wards 1&5; Vice-Chair, Economic Development, City of Brampton
“At the City, we are dedicated to providing opportunity for residents and businesses across Brampton through substantial local investments and partnerships. The My Main Street Local Business Accelerator program contribution will bring investment to our community and support our city’s growth and development. We will continue to work with our partners to ensure our city has the tools it needs to thrive.”
– David Barrick, Chief Administrative Officer, City of Brampton
“The Government of Canada recognizes the challenges that main street businesses are facing as a result of the pandemic, and we are taking action to help mitigate the strain. Programs like My Main Street offer critical funding and services for local businesses as they find ways to adapt and create new and inclusive economic opportunities that will help them rebuild and restore vibrancy to their main streets.”
– The Honourable Helena Jaczek, Minister Responsible for the Federal Economic Development Agency for Southern Ontario