The City of Toronto launched a new funding program yesterday that will provide support to non-profit business organizations. The Competitiveness, Creativity and Collaboration (CCC) Investment Program is designed to stimulate economic growth by funding projects with up to $50,000 that will generate jobs, increase economic activity and attract new investment.

“The Agenda for Prosperity is the City’s action plan to stimulate economic competitiveness,” said Councillor Kyle Rae (Ward 27 Toronto Centre-Rosedale). “The Competitiveness, Creativity and Collaboration Investment Program aligns with the City’s Agenda for Prosperity and provides a new and exciting opportunity to help Toronto-based non-profit businesses strengthen their market position by combining funding from four previous programs.”

The CCC Investment Program will provide grant support for up to eight organizations. The program is available to incorporated non-profit organizations or associations with projects that will be delivered within the City of Toronto’s boundaries. To be considered for funding, interested organizations must submit a formal proposal and application.

The CCC Investment Program will be administered by the Economic Development & Culture Division annually, with the first application deadline Monday, March 29 at 4 p.m. Selected proposals will be recommended to City Council for approval in July. Approved applicants must complete the project and submit a written report by the end of the following calendar year.

For further information or to request an application form, organizations can contact the CCC Investment Program Administrator at 416-392-1820 or ccc@toronto.ca.