ECONOMIC DEVELOPMENT NEWSLETTER
ISSUE 9 | MAY 2019
FUNDING OPPORTUNITIES
EMPLOYING YOUNG TALENT INCENTIVE
Small businesses (less than 100 employees) can receive an initial $1,000 incentive upon hiring and an additional $1,000 retention incentive after six months for each youth (aged 15 to 29) hired through Employment Ontario's Youth Job Connection.
Downtown Enhancement Program | Video Series
Have you shared the new Muskoka Lakes Promotional Video on social media?

The Township of Muskoka Lakes will be releasing a series of videos as part of their downtown enhancement project. The purpose of this project is to use video as a way to inspire a new sense of optimism and pride about Muskoka Lakes and specifically the downtown's to showcase them as a unique asset and destination for the community.

The goal is to create a positive connection between our residents and the diverse people and places in our downtown cores and leave them with the feeling that they should come out and experience it for themselves.

Link to Share Now:
Muskoka Futures - Flood Recovery Loan Program
In order to assist businesses impacted by flooding, Muskoka Futures has launched a Flood Recovery Loan program. This assistance will provide up to $25,000 at 0% interest for 2 years for businesses impacted by flooding.  

For more information contact David Brushey at 705-646-9511 x220 or david@muskokafutures.ca.
Explorers' Edge Partners With Porter Airlines - RTO12

RTO12 NEWS | Porter Airlines opens Ontario's Muskoka region to North American travellers with summer service. Porter Airlines will be flying to Muskoka Airport ... ...

Read more
rto12.ca
IION - Innovation Initiatives Ontario North
iRAPID accelerates commercialization activities for innovative companies who need assistance with their research & development (R&D) projects during the pre-commercialization stage.

iRAPID can help offset costs in the following categories that relate to an identified R&D project:
  • Contractor Fees: Costs associated with utilizing the contractor’s time, expertise, facility or equipment.
  • Materials: Cost of consumables used during the project.
  • Internal Wages: Cost of a T4 employee who is working directly on the project. This cost can cover up to a maximum of 30% of the grant amount.

The program will support up to 75% of eligible costs, before tax, at one of three funding levels:
  • $5,000 grant for a minimum project spend before tax of $6,667
  • $7,500 grant for a minimum project spend before tax of $10,000
  • $10,000 grant for a minimum project spend before tax of $13,334 

Deadline: The iRAPID program has a continual intake process, with monthly reviews. The last day of every month is the submission deadline.

More Information:   Click Here
Spotlight - Muskoka Smart Homes

Ever since Dave Fast and his wife Lisa were teenagers, the two had taken many trips to Muskoka with their families. While Dave grew up in St. Catherines and Lisa in Sudbury, the two could only imagine what it would be like to live in the Muskoka...

Read more
venturemuskoka.ca
2019 Spotlight on Muskoka Lakes

Everyone is welcome to come join in the fun as we celebrate all that's great in Muskoka Lakes! Includes music by Beverley Mahood on The Kee stage with friends, a marché from local restaurants and resorts and a loaded silent auction table. Tickets ...

Read more
www.muskokalakeschamber.ca
Available Space | Port Carling Health Hub Lower Level
FOR LEASE | FOR RENT

The Health Hub building in Port Carling, Ontario is owned by the Township of Muskoka Lakes. The building opened in March 2016 and offers a fantastic opportunity to operate a health related business in the ‘Hub of the Lakes’. The upper level of building is occupied by the Port Carling Nursing Station.

For additional information, please contact:

Corey Moore | Communications & Economic Development Specialist
cmoore@muskokalakes.ca | 705-765-3156 ext. 215
Share the Newsletter | Invite Others to Sign Up!
Do you know a business that may be interested in receiving the Economic Development Newsletter ?

Please help us improve communications by inviting them to sign up for the distribution list.

Contact: Corey Moore | Communications & Economic Development Specialist
cmoore@muskokalakes.ca | 705-765-3156 ext. 215 
UPCOMING EVENTS
Spotlight on Muskoka Lakes
June 20, 2019
Bala Antique Show
June 28, 29,& 30, 2019
UPCOMING TRAINING
Writing a Business Plan
June 6, 2019
1:00 p.m. - 4:00 p.m.
Marketing Your Business
June 27, 2019
1:00 p.m. - 4:00 p.m.

Corey Moore
Communications & Economic Development Specialist
Township of Muskoka Lakes
705-765-3156
cmoore@muskokalakes.ca
www.muskokalakes.ca