The Northern and Regional Economic Development (NRED) Grant program is investing in diverse projects to foster economic growth and diversification in Alberta’s communities. Recent funding allocations include:
– **Town of Peace River**: $52,500 to support a retail gap and destination assessment aimed at enhancing business attraction and destination readiness.
– **Regional Economic Development Initiative for Northwestern Alberta**: $75,000 to bolster marketing and packaging efforts, boosting value-added agriculture and food production.
– **Town of High Level**: $200,000 to assist in planning for residential land development, addressing housing needs.
– **Dene Tha’ First Nation**: $300,000 to develop shovel-ready plans for a permanent store, improving access to goods, creating jobs, and strengthening economic opportunities.
These investments aim to create sustainable economic opportunities by supporting municipalities, First Nation communities, and non-profit organizations in their development initiatives.
Keith Hopper, Trending 55
Graphic courtesy: Government of Alberta
