Counties enter new SBEC transfer payment agreement
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Description
The Counties approved a Transfer Payment Agreement with the Ontario Ministry of Economic Development, Job Creation and Trade to fund the Leeds Grenville Small Business Enterprise Centre programs. The agreement provides $289,400 annually plus a one-time $1,916 rebranding allocation over a three‑year term, with a possible one‑year extension.
Contract Details
Contract Amount
$289,400 per year plus $1,916 in year one (total $870,116 over term)
Vendor
HIS MAJESTY THE KING IN RIGHT OF ONTARIO AS REPRESENTED BY THE MINISTER OF ECONOMIC DEVELOPMENT JOB CREATION & TRADE
Agency
United Counties of Leeds and Grenville, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
May 20, 2026
Contract Term
April 1, 2026 to March 31, 2029, with option to extend to March 31, 2030
Renewal Date
2030-03-31
Renewal Info
Province may extend the agreement one additional year to March 31, 2030 by giving written notice on or before March 1, 2029.
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Vendor
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United Counties of Leeds and Grenville Council Meeting Agenda May 21 2026
United Counties of Leeds and Grenville Council Meeting Agenda May 21 2026
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