Dave Mackenzie Invites Not-For-Profit Groups in Oxford to Submit Applications to the Infrastructure Stimulus Fund

Today, Dave MacKenzie, MP – Oxford and Parliamentary Secretary to the Minister of Public Safety invited not-for-profit groups in Oxford to submit applications to the Infrastructure Stimulus Fund for projects that can be completed by March 31, 2011.
In order to be considered an eligible recipient as a Not-for-Profit entity under the Infrastructure Stimulus Fund, you must be incorporated as a Not-for-Profit entity (possess an incorporation number).  In addition, the entity must:

• Provide recent audited financial statements (within the past two years)
• Provide services and facilities accessible to and for the benefit of the public.
• Be financially stable with an accumulated debt of less than 10% of annual operating revenues.
• Be in continuous operation for the past three years. Exceptions may be considered for organizations who can demonstrate a valid rationale.

All applications must be received by 5:00 p.m. EST on August 18, 2009.  Given the need for immediate economic stimulus, priority will be given to those projects that are able to spend more than 40% of their funding by March 31, 2010.

Applications and a complete overview of the program can be found at www.buildingcanada-chantierscanada.gc.ca/regions/on/nfpo-obnl-on-guide-eng.html#s1.