To foster sustainable community, economic and municipal development, today, the Honourable Andrew Parsons, KC, Minister of Industry, Energy and Technology, announced $500,000 for the Town of Baie Verte to help support the development of a regional multi-use centre.
The Town of Baie Verte is advancing work on a new regional multi-use centre that will support regional economic development, recreational, social and municipal activities. The funding being provided through the Regional Development Program will be used towards the renovation and adaptation of an existing facility that, when completed, will be used by regional and industry stakeholders for economic development, tourism initiatives, conferences, industry trade shows and training opportunities.
The Town of Baie Verte is the largest community on the Baie Verte Peninsula. It is a hub for tourists visiting the area, as well as for economic development and special events such as the annual mining conference and many other community activities that bring the region together.
This investment supports the Provincial Government’s ongoing commitment to the health and well-being of Newfoundlanders and Labradorians and to transforming infrastructure within our province’s growing communities.
The Department of Industry, Energy and Technology provides support to organizations by way of non-repayable contributions for projects aimed at supporting economic development, innovation and capacity building in all regions of the province.
The Regional Development Fund is comprised of the Regional Development Program and Community Capacity Building program. These two components provide a wide array of services and financial support to non-profit organizations, including industry associations, municipalities, public educational institutions and other non-profit groups including co-operatives and economic development organizations.
Quotes
“The impact a multi-use facility can have on a region is massive. Providing funding to the Town of Baie Verte to support this project will result in positive economic outcomes and support a number of community activities for years to come.”
Honourable Andrew Parsons, KC
Minister of Industry, Energy and Technology
“This multi-use community centre will create opportunities for long term employment, business incubation, youth based competitive development, commercial diversity, and economic sustainability on the Baie Verte Peninsula. In addition, it will provide the entire region with an inclusive and fully accessible space to utilize for recreation, business and community engagement on a much larger scale than is currently available.”
Rex Bowers, Mayor
Town of Baie Verte
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Regional Economic Development
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