Business Grants
Business Grants
Community Improvement Plan Financial Incentive Programs
The Town of Minto can provide financial assistance to eligible applicants within the designated Community Improvement Project Area (CIPA).
The purpose of the financial incentive programs is to provide support for physical improvements to privately owned lands and buildings, where such improvements will result in, or contribute to, the goals and objectives in Section 1.6 Goals & Objectives.
The Minto CIP identifies nine (9) financial incentive programs that may be available to eligible applicants:
Intended to promote aesthetic improvements, façade upgrades and/or architectural preservation, and improvement of downtown cores, the Façade Improvement & Signage Grant may be available to eligible applicants to assist with the financing of improvements to the façade of an existing commercial building.
Up to 50% of the eligible costs, before tax; maximum of $3,000.
Intended to improve the structure of the building, improve energy efficiency and enhance safety and accessibility, helping keep the building stock in a better state of repair, the Building Improvement & Structural Work Grant may be available to eligible applicants to assist with the financing of improvements to an existing commercial or mixed-use building.
Up to 33% of the eligible costs, before tax; maximum of $20,000.
Intended to support new business start-ups and the expansion of existing businesses. It may also support property owners in attracting new business (i.e., leaseholders) to vacant units, the Interior Leasehold Improvement Grant may be available to eligible applicants to assist with the financing of permanent interior leasehold improvements to existing commercial space and/or small-scale conversion of existing vacant space into new commercial, secondary, or mixed-use.
Up to 50% of the eligible costs, before tax; maximum of $5,000.
Intended to promote aesthetic, accessibility, and functional improvements to existing commercial properties, the Property Improvement Grant may be available to eligible applicants to assist with the financing of improvements to an existing commercial property, such as parking, landscaping and provision or enhancement of natural or low-impact development (LID) assets.
Up to 50% of the eligible costs, before tax; maximum of $3,000.
Intended to reduce risk of flooding caused by sewer back-ups, reduce contribution from storm run-off and groundwater to the municipal sanitary sewer network, and encourage private investment in flood risk reduction measures, the Flood Risk Reduction Grant may be available to eligible applicants to assist with the financing of flood risk reduction measures for residential and/ or commercial properties in flooding-affected areas, as identified in the Harriston Flood Mitigation Plan.
Up to 50% of the eligible costs, before tax; maximum of $3,000.
Intended to encourage tree planting and stewardship to increase canopy cover in Minto — providing additional shade, improving air quality, enhancing woodlots, and reducing the risk of wind and snow along municipal and county roads, the Community Planting & Stewardship Grant may be available to eligible applicants to assist with the financing of planting, maintaining and caring for existing trees on private lands.
Up to 50% of the eligible costs, before tax; maximum of $3,000.
Intended to support improvements to private property to meet the requirements of Licensed Home Child Care Provider, as defined by Wellington County Home Child Care and the Ministry of Education, the Licensed Home Child Care Grant may be available to eligible applicants to assist with improvements to existing buildings that may otherwise be considered cost prohibitive.
Up to 50% of the eligible costs, before tax; maximum of $2,000.
Intended to reduce costs associated with improvements to private properties, the Application Fee Grant may be available to eligible applicants to offset the cost of application fees required by the Town.
Up to 50% of the eligible costs, before tax; maximum of $10,000.
Intended to stimulate investment by effectively deferring part of the increase in property taxation related to eligible new commercial, mixed-use and/or residential developments, building rehabilitation, adaptive reuse, and retrofit works, the Property Tax Increment Equivalent Grant (TIEG) may be available to eligible property owners which is equivalent to a percentage of the Town (i.e., lower tier municipal) portion of a property tax increment that is incurred because of an improvement project.
Value varies.