Cochrane Five Year Strategic Plan | Page 102

Town of Cochrane Strategic Plan – Final Report October 2014 8. MCTS Tourism Development Fund The Ministry of Culture, Tourism and Sport’s Tourism Development Fund supports projects that encourage tourism investment, tourism product development and industry capacity building. The Tourism Development Fund program provides non-capital, project-based funding to: • Support the creation or revitalization of tourism attractions, sites and experiences. • Support innovative product development for emerging sectors that have demonstrated market potential. • Enhance the quality of tourism services, businesses and practices through training. • Assist with tourism planning and capacity support to ensure that the tourism industry is well positioned to make future strategic decisions, address issues and opportunities. • Assist communities with investment readiness, investor relations, investment attraction and communications. Visit Http://www.mtc.gov.on.ca/en/home.shtml for more information. 9. NOHFC’s Strategic Economic Infrastructure Program This program supports infrastructure projects that best align with the vision of the Growth Plan for Northern Ontario to help create jobs and build capacity. This program helps a region or community advance economic development opportunities and support investment through strategic infrastructure. Eligible organizations include: • Partnerships and alliances comprising municipalities, First Nations, Aboriginal organizations, local services boards, not-for-profit corporations, educational institutions and private sector businesses and organizations. • Municipalities, First Nations, not-for-profit corporations and educational institutions may apply individually. Other organizations with a training or educational mandate may be considered on a case-by-case basis. Eligible projects may include but are not limited to: • Capital projects that encourage partnerships among communities, educational institutions, skills training providers and industry to respond to labour market needs and opportunities. • Projects that support brownfield site redevelopment and/or encourage infill development. • Industrial parks with preference to be given for development of vacant and/or underused lots within a previously developed area. • Information and communications technology infrastructure. • Other projects which, in the opinion of the NOHFC Board of Directors, are considered necessary to further an economic goal in Northern Ontario may be considered on a caseby-case basis. 100