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HomeMy WebLinkAboutClinton News Record, 2015-09-09, Page 11Wednesday, September 9, 2015 • News Record 11 Poverty Reduction Fund invests in new technology Ontario is investing in an innovative web -based tool, created by the University of Waterloo, to help community organizations lift people and families out of poverty. Through the "http://www. ontario. ca/government/lo cal - poverty -reduction -fund" Local Poverty Reduction Fund, Ontario is investing up to $300,000 in a new software platform that will allow organ- izations to collect, analyze and share data on poverty and poverty reduction initiatives in Perth and Huron counties. This tool will help identify the areas of greatest need in the community and identify the local initiatives that best help the community, allow- ing civic leaders to target resources to those who need them the most and invest in the right supports. Evidence gathered from this project and others will be used by the province to support poverty reduction programs across the prov- ince that have been proven to work and that can expand over time. Fighting poverty is part of the government's economic plan for Ontario. The four-part plan is building Ontario up by invest- ing in people's talents and skills, building new public infrastructure like roads and transit, creating a dynamic, innovative environment where business thrives and building a secure savings plan. The Local Poverty Reduc- tion Fund is a $50 million, six year initiative that supports community -driven projects, which measurably improves the lives of those dispropor- tionately affected by poverty, including women, single parents, people with disabil- ities, youth, newcomers, vis- ible minorities, seniors and Aboriginal Peoples. Organizations have two more opportunities to apply for funding in 2016 and 2017. 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