APPENDIX A - Current Policies and Incentives

Business Targeted Economic Incentive Programs

The four main financial incentive programs and targeted uses eligible to apply for these programs under the Economic Revitalization Community Improvement Plan are described below. Please refer to the source link below for more information.

Table 1: The Four City-Wide Financial Incentive Programs under the Economic Revitalization Community Improvement Plan in the City of Windsor

Program Name	Description
Business DevelopmentGrant Program	 Grant equivalent up to 100 percent of the municipal property tax increase created by the project for up to 10 years after project completion.  Project must create a minimum of 50 new jobs within the manufacturing sector or more than 20 jobs within any other targeted sector(s).
Business Retention andExpansion GrantProgram	 Grant equivalent up to 100 percent of the municipal property tax increase created by the project for up to 10 years after project completion.  Project must create or retain a minimum of 50 jobs within the manufacturing sector or create more than 20 jobs or retain a minimum of 35 jobs within any other targeted sector(s).
Small BusinessInvestment GrantProgram	 Grant equivalent up to 100 percent of the municipal property tax increase created by the project for up to 10 years after project completion.  Business must have less than 50 employees, if in the manufacturing sector, or less than 20 in any other targeted sector(s).  Investment must result in a minimum increase of $25,000 in assessed property value.
Development ChargesGrant Program	 Applicants successful in obtaining one of the above mentioned grants may be eligible to receive a grant to offset up to 100 percent of development charges paid for a project.