2019.MM9.28
Authorize approval to accept Federal Funding for the Indigenous Centre for Innovation and Entrepreneurship
Background
“Toronto is the most diverse City in the world and home to approximately 70,000 Indigenous persons, making it one of the largest Indigenous urban populations in Canada. Indigenous people’s history can be traced back thousands of years, yet, unlike neighbourhoods such as Chinatown or Little Italy established by newer immigrants and recent Business Improvement Area organizing, there is no formally recognized Indigenous business and cultural area in the City, despite Toronto being a City historically created on treaty and Indigenous land…[I]n 2013, the ward Councillor worked with City Planning to identify a new development at 200 Dundas Street East as a potential location for the Indigenous business centre and incubator.”
Source: City of Toronto
Item Description
This item “authorize[s] the General Manager, Economic Development and Culture, to enter into and administer a funding agreement with FedDev Ontario for up to $5,000,000 in federal support, via a non-repayable contribution, for the period April 1, 2019 to March 31, 2024” as well as proposed increases in future funding and other actions.
Source: City of Toronto
Proposed by
Councillor Kristyn Wong-Tam, seconded by Councillor Mike Layton
Result
CarriedVotes
