LSRA Aerospace Development Fund

The LSRA Development Fund makes $100,000 a year over 3 years available to businesses that seek to make a new investment at the Lake Simcoe Regional Airport through development of a new facility, or lease of existing facility (minimum 5 year lease). Businesses must invest at least $1,000,000 in their project and complete their project within 2 years of funding approval.

Eligible projects will attract private sector investment; develop the aerospace sector in Simcoe County; create jobs and build talent; lead to broad positive economic impacts; and encourage research, innovation and collaboration.