Closed
Prescott Employment Lands CIP Incentives
Supports local revitalization and business improvement
Last Update: June 9, 2026
Funding available
$ 100,000
Timeline
- Receipt of requests is now closed
Location
Prescott, Ontario, Canada
Overview
Prescott Community Improvement Plan (CIP) offers financial incentives to support revitalization, employment growth, heritage preservation, housing development, and brownfield remediation in Prescott. Eligible support can help cover façade improvements, signage, accessibility upgrades, interior work, studies, remediation, permit and application fees, and property tax-related incentives.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Increase social or community impact
- Implement environmental initiatives
Eligible Funding
- Maximum amount : 100,000 $
- Up to 50% of project cost
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- All industries
Location
- Prescott
- Ontario
Legal structures
- All legal structures
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Downtown and employment-area building improvements
- Heritage property restoration and rehabilitation
- Brownfield assessment, remediation, and redevelopment
- Large-scale residential development with an affordable housing component
Documents Needed
- Completed application form
- Supporting project documentation
- Project plans, drawings, colour samples, and photos
- Cost estimates and supporting quotes
- Any required approvals or permit-related information
Eligibility
Who is eligible?
- Commercial property owners and tenants
- Industrial property owners and tenants
- Heritage property owners and tenants
- Brownfield property owners
- Owners of multi-unit residential development projects with affordable housing
Who is not eligible
- Properties without the required zoning for the relevant program area
- Applicants in municipal tax arrears
- Projects completed before application, unless pre-approved as an exception
- Applicants missing required owner authorization when applying as a tenant
Eligible expenses
- Façade, signage, accessibility, and interior improvement costs
- Engineering or architectural reports
- Phase I and Phase II environmental site assessments
- Permit and application fees
- Brownfield remediation-related costs
Ineligible Costs and Activities
- Work completed before application, unless an exception is approved in advance.
- Labor costs performed by the applicant or owner.
- Non-fixed property improvements.
- Duplicate expenses already funded under another CIP incentive.
- Projects or applicants that do not meet the program’s requirements or are in tax arrears.
Eligible geographic areas
- Town of Prescott, Ontario
- Downtown Core & RiverWalk District
- Employment Lands area within Prescott
- Heritage Conservation area within Prescott
- Brownfield area within Prescott
Processing and Agreement
- Applications are reviewed by Town staff and may include a site visit.
- Planning Advisory Committee review is generally completed within about 30 days.
- Applicants are notified shortly after the committee meeting.
- If approved, a funding agreement is prepared and executed before payment.
- Payments are made after completion, inspection, and proof of payment.
Additional information
- Applicants may need to attend a pre-consultation with the Economic Development Office.
- A funding agreement must be signed before incentives are paid.
- Projects must comply with the Town’s design guidelines and by-laws.
- Payments are made after work is completed and proof of payment is provided.
Contacts
Frequently Asked Questions about the Prescott Employment Lands CIP Incentives Program
What is the Prescott Employment Lands CIP Incentives?
Prescott Community Improvement Plan (CIP) offers financial incentives to support revitalization, employment growth, heritage preservation, housing development, and brownfield remediation in Prescott. Eligible support can help cover façade improvements, signage, accessibility upgrades, interior work, studies, remediation, permit and application fees, and property tax-related incentives.
How much funding can be received?
Prescott Employment Lands CIP Incentives Funds up to 50% of admissible expenses, capped at $100,000 per project.
Who is eligible for the Prescott Employment Lands CIP Incentives program?
To be eligible for the Prescott Employment Lands CIP Incentives program, you must:
Located in an eligible Prescott CIP area.
Owner or authorized tenant may apply.
Project must meet area rules.
What expenses are eligible under Prescott Employment Lands CIP Incentives?
Downtown and employment-area building improvements
Heritage property restoration and rehabilitation
Brownfield assessment, remediation, and redevelopment
Large-scale residential development with an affordable housing component
Who can I contact for more information about the Prescott Employment Lands CIP Incentives?
You can contact Town of Prescott by email at dvalentyne@prescott.ca or by phone at 613-925-2812 Ext: 6221.
Where is the Prescott Employment Lands CIP Incentives available?
The Prescott Employment Lands CIP Incentives program is available the province of Ontario.
Is the Prescott Employment Lands CIP Incentives a grant, loan, or tax credit?
Prescott Employment Lands CIP Incentives is a Grant and Funding