THE CORPORATION OF THE TOWN OF COCHRANE

FOR IMMEDIATE RELEASE

Announcing the 2020 launch for the Town of Cochrane Community Improvement Plan Financial Incentives!

The Town of Cochrane Economic Development Department is now booking pre-consultations and accepting applications for the 2020 launch of the Community Improvement Plan (CIP) Financial Incentive Programs.

The CIP establishes a comprehensive set of financial incentive programs that are intended to achieve the goals of the CIP by encouraging private sector development and investment in Cochrane. CIPs allow municipalities to provide micro-funding to eligible businesses willing to improve/expand their business within established guidelines. The incentive programs presented are intended to respond to the local needs and opportunities to be addressed through the Plan.

The financial incentive programs have been created to encourage private sector redevelopment in Cochrane, particularly with respect to the Town’s downtown commercial areas. Applicants may use individual incentive programs or combine multiple complementary programs for a single site or development, unless otherwise stipulated under the individual programs. The purpose, description, and eligibility requirements for each financial incentive program are outlined in the CIP. Eligible projects may also be augmented with other federal and provincial funding programs.

Prior to submitting an application for one or more of the financial incentive programs in this CIP, applicants are required to have a pre-application consultation meeting with the Town of Cochrane Economic Development Department. The Town will help you complete this application and advise you of your eligibility of programs. The Town will also indicate which supporting materials are required for your application. If you would like more information or if you are interested in applying for any of the CIP Financial Incentive Programs, please contact kaitlyn.monsma@cochraneontario.com to book a pre-consultation.

BROCHURE
FINAL COMMUNITY IMPROVEMENT PLAN

For more information, please contact:

 

Kaitlyn Monsma, Economic Development Officer

705-272-4361 x239

Kaitlyn.monsma@cochraneontario.com

 

Darren Ottaway, Chief Administrative Officer

705-272-4361

Darren.ottaway@cochraneontario.com

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