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September 20, 2013

Quinte Economic Development Commission (QEDC) Chairman Ted Reid, is pleased to announce that the Bay of Quinte Region is one of the communities across Canada to receive federal funding to support its foreign direct investment attraction efforts.

QEDC will receive $16,400 in matching funds through International Trade Canada’s Invest Canada-Community Initiatives Program (ICCI) which financially supports the efforts of regions and municipalities to attract, retain and expand foreign direct investment.

Chair Ted Reid noted that the funds will be used to implement many of the recommendations from the QEDC’s Jobs and Investment Growth Plan.  “There is strong competition between communities to access this limited funding program.   The QEDC board and staff have put together a plan that has been supported by the federal government and these dollars will be used for an aggressive marketing program to help attract new foreign investment for the Quinte region.”  Chair Reid expresses thanks to MPs Daryl Kramp and Rick Norlock for the Federal Government’s funding support of the QEDC’s efforts.

Daryl Kramp, MP stated “I am pleased that our government is able to support the important efforts of the Quinte Economic Development Commission to attract new investment and jobs to our community”

The Quinte Economic Development Commission is dedicated to the promotion of economic growth in the Bay of Quinte region for its member municipalities, which include the City of Belleville, the Municipality of Brighton and the City of Quinte West.

Initiatives aimed at recruiting new businesses and entrepreneurs to the Bay of Quinte Region, as well as supporting existing industries through regional strategies such as labour development programs will help to ensure that the region remains vibrant and competitive within an increasingly global context.  The Quinte EDC is focused on the future ensuring that the Bay of Quinte region has the infrastructure, the labour force and the “right message” to meet the needs of the future.

For More Information Contact:

Chris King,
Chief Executive Officer
Quinte Economic Development Commission

Tel:  (613) 961-7990
Fax: (613) 961-7998

Tags: Invest Canada Community Initiative (ICCI)

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