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Fort Macleod Historical Association receives funding for business plan

A Fort Macleod organization last week shared in $98,660 in funding from the Investment Readiness Program.

Fort Macleod Historical Association received $30,000 from the Community Foundation of Lethbridge and Southwestern Alberta.

“The Investment Readiness Program has been a unique opportunity for the community foundation and for southern Alberta because this program is specific to social enterprise,” said Charleen Davidson, executive director at the Community Foundation of Lethbridge and Southwestern Alberta. “We are proud to be able to support these initiatives and we look forward to seeing the results of the projects and the positive impacts and changes they will have in our community.”

The Investment Readiness Program is a national initiative led by the Community Foundations of Canada and funded by the Government of Canada.

Fort Macleod Historical Association will use the  $30,802 to develop a sustainable business model that will present the accurate history of Indigenous people, the Northwest Mounted Police, and settlers in southwestern Alberta.

The Investment Readiness Program provides non-repayable capital to social purpose organizations across the country to seed and grow social enterprise and prepare for future investment.

The money supports social purpose organizations that are working to solve pressing social, cultural, and environmental challenges.

Other recipients were the Family Centre Society of Southern Alberta, the Medicine Hat College Foundation and the Stitch it Forward Society of Lethbridge.

The Family Centre Society of Southern Alberta will use $21,758 to help support the development of a Child Care Co-op, which will provide employable skills and certification for caregivers with financial barriers while providing quality, flexible, and affordable child care.

The Medicine Hat College Foundation will use $34,900 to create a small, sustainable social enterprise that provides benefit to post-secondary students through work-integrated learning opportunities and affordable design services for non-profits in southeastern Alberta.

The Stitch it Forward Society of Lethbridge will use $11,200 to develop an e-commerce Web site, viability study, and a business plan to promote the sale of items manufactured by sewing, knitting, or crocheting with up-cycled materials.