August 11, 2020
Oxford Economic Stimulus Fund provides $90,000 in stimulus grants
Stimulus grants awarded to five local organizations to help offset COVID-19 challenges
The Oxford Economic Stimulus Fund has provided COVID-19-related stimulus grants to five local organizations in Oxford County in its first release of funds totalling $90,000.
The five local organizations that received funding include the Woodstock Agricultural Society ($25,000), Woodstock Chamber of Commerce ($25,000), Tillsonburg BIA ($25,000), Tavistock Chamber of Commerce ($9,234) and Oxford Women in Networking ($5,766).
The first of five organizations to receive stimulus funding is the Woodstock Agricultural Society. The Society, and the small businesses that rely on its facilities as a venue, were greatly impacted by COVID-19. The Society plans to use the stimulus funds to purchase locally sourced portable dividers and a number of other safety enhancements that would allow the Society to safely increase capacities at both the Oxford Auditorium and Woodstock Farmer’s Market.
The second organization to receiving funding is the Woodstock Chamber of Commerce. It will use the $25,000 of stimulus funding received to assemble and distribute 100 SafeStarter PPE kits to businesses in the County. The funding will help offset the cost of each kit from $160 to $60.
The Tillsonburg BIA is the third organization to receive funding in the amount of $25,000. The funds will be used to install pop-up patios to support the recovery of the hospitality industry in Tillsonburg.
The fourth organization to receive stimulus funding is the Tavistock Chamber of Commerce. The Tavistock Chamber received $9,234 to help shift services online to support members in a low-risk manner. The funds will also help local business and hospitality with the installation of locally made bike racks aimed at attracting and encouraging locals and visiting cyclists to spend time exploring the downtown area.
Oxford Women in Networking (OWIN), an organization helping to support women entrepreneurs, is the fifth and final applicant to receiving round one funding, in the amount of $5,766. The funds will allow OWIN to make important adjustments in how they serve members through virtual events and improved access to resources on its website. OWIN will also offer a professional development series focused on financial literacy for women who own small businesses, a key piece to the recovery of small businesses in Oxford County.
The fund received a total of 22 applications for its grant stream, with local organizations requesting a total of $447,165 in its first round. The second round for grant-stream funding consideration opens January 2021. Applications for the Access to Capital (repayable loan) stream are still being accepted and considered, with a deadline to apply of December 31, 2020.
Individuals or organizations interested in applying for funding through the Oxford Economic Stimulus Fund should visit cfoxford.ca to access the application.
About Oxford County
Located in the heart of southwestern Ontario at the crossroads of Highways 401 and 403, Oxford County has a population of approximately 121,000 people across eight area municipalities that are “growing stronger together.” The County operates as a partnership-oriented, two-tier municipal government that is emerging as a leader in sustainable growth through the Future Oxford Community Sustainability Plan. Visit www.oxfordcounty.ca or follow our social media sites at www.oxfordcounty.ca/social.
About Community Futures Oxford
Community Futures Oxford is an independent, not-for-profit corporation committed to entrepreneurship and economic development in Oxford County. It is one of 60 Community Futures Development Corporations in Ontario and 269 across Canada. Its mission is to create and preserve jobs throughout Oxford County by supporting small business development, entrepreneurship and skills training, and by fostering community economic development. Visit www.cfoxford.ca for more information.
About Oxford Connection
Oxford Connection is a partnership among the economic development agencies of Woodstock, Ingersoll, Tillsonburg and Rural Oxford. It serves as a first point-of-contact for companies looking to locate or expand into southwestern Ontario’s manufacturing heartland. For more information visit www.oxfordconnection.ca
Allan Simm | Community Futures Oxford
519.425.0401, ext. 23 | firstname.lastname@example.org
Jenn Austin | Strategic Communication & Engagement
519.320.0821 | email@example.com