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Press Release: My Main Street Local Business Accelerator Funding for City of Oshawa

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The City of Oshawa and the Business Advisory Centre Durham Inc. announces revitalization of Downtown Oshawa through partnership with My Main Street

Oshawa, Ontario – February 24, 2022 – Today, The City of Oshawa and the Business Advisory Centre Durham Inc. are pleased to announce that downtown Oshawa will be participating in the My Main Street Local Business Accelerator program to help revitalize our main streets, providing a total of $157,500 in non-repayable contributions to support local businesses.

In response to the COVID-19 pandemic, the Government of Canada, through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced a $23.25-million investment to the Canadian Urban Institute (CUI) and the Economic Developers Council of Ontario (EDCO) to establish My Main Street — a two-year program to support the recovery and revitalization of main streets and local businesses in southern Ontario through two program streams.

EDCO is delivering the My Main Street Local Business Accelerator program stream, which supports the revitalization of 65 main street communities, and provides non-repayable contributions for more than 650 local businesses across southern Ontario. The program focuses on creating and maintaining vibrant and inclusive local main streets while providing residents, new entrepreneurs, and existing businesses with economic opportunities in our main street communities.

Sections of Simcoe Street South, Bond Street and King Street in the City of Oshawa will be supported with a dedicated Main Street Ambassador, customized market research, data analysis and non-repayable funding contributions for new and existing small businesses. 

“The Government of Canada recognizes the challenges that main street businesses face as a result of the pandemic, and we will continue to take swift action to support main streets and local communities. The My Main Street program offers critical funding and services to help local businesses find innovative ways to adapt and create new and inclusive economic opportunities to help them rebuild and restore vibrancy to their main streets.” 

  • The Honourable Helena Jaczek, Minister responsible for the Federal Economic Development Agency for Southern Ontario 

“Downtown businesses are an essential component of Oshawa’s dynamic economy and their post-pandemic recovery is critical to our community. We are excited to bring the My Main Street Local Business Accelerator program to Oshawa as part of our economic recovery efforts. I would like to thank The Government of Canada, CUI and EDCO for developing this beneficial program and to the Business Advisory Centre Durham for helping to deliver it to downtown Oshawa. The My Main Street Local Business Accelerator program will enhance the revitalization efforts of many downtown businesses. Our downtown is a cultural hub, major employment district and a significant asset within the eastern Greater Toronto Area. We continue to strive towards creating a vibrant, attractive and animated downtown where people come together to live, work, learn, shop, meet and engage.” 

  • His Worship Mayor Dan Carter, City of Oshawa

“The Business Advisory Centre Durham is excited to be delivering this program in partnership with the City of Oshawa. Main Street businesses have suffered during the pandemic and this program will help them recover and strengthen their offering to the community.” 

  • Teresa Shaver, CEO Business Advisory Centre Durham Inc.

Oshawa’s downtown has long been a hub for cultural and entrepreneurial expression, and the Greater Oshawa Chamber of Commerce is absolutely thrilled to be involved with this exciting project that will deliver enabling resources and energy to our downtown area.” 

  • Jason King, CEO Greater Oshawa Chamber of Commerce  

For program details and further information, please visit https://mymainstreet.ca/accelerator-program 

 

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About FedDev Ontario
For more than 12 years, FedDev Ontario has worked to advance and diversify the southern Ontario economy through funding opportunities and business services that support innovation and growth in Canada’s most populous region. The Agency has delivered impressive results, which can be seen in southern Ontario businesses that are creating innovative technologies, improving their productivity, growing their revenues, and in the economic advancement of communities across the region. Learn more about the impacts the Agency is having in southern Ontario by exploring our pivotal projects.

 

Media Contacts

My Main Street

media@mymainstreet.ca

Monica Granados

Press Secretary, Office of the Hon. Helena Jaczek

Minister Responsible for the Federal Economic Development Agency for Southern Ontario

monica.granados@feddevontario.gc.ca 

To contact the Business Advisory Centre Durham Inc. about our local teams Teresa Shaver, tshaver@bacd.ca

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