Economic Development offices are an excellent resource for business owners. They provide knowledge and access to a variety of programs and services at all levels of government to encourage growth and prosperity in their community. I meet with former colleagues on a regular basis to keep up to date on new programs and services that may be of interest to you, our friends and clients.
Sylvia Renshaw, Business Development Consultant for the Commercial and Retail Sector provided me with an interesting overview of the financial incentive programs associated with the development/redevelopment in downtown Hamilton, Business Improvement Areas (BIAs) and commercial corridors. The financial incentives are provided in the form of loans or grants to assist with various costs associated with redevelopment or development of identified areas.
New for 2012 are the Gore Improvement Programs and Hamilton Downtown Commercial Façade Property Improvement Grant Program.
Click here to see an information map showing eligible areas. For more information contact Sylvia Renshaw at the City of Hamilton, tel: (905) 546-2424 x4114.