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News Release

January 14, 2009

RADF Announces $1.6 Million for Three Rural Projects

Projects Focus on Youth and Business Development

Tofield – Rural Alberta’s Development Fund (RADF) announced funding today of $1.6 million for three new rural Alberta projects. The funding will help rural communities provide training to at-risk youth, attract heavy industry and manufacturing and build networks to foster economic growth.

Funding of $1 million from RADF will allow the development in Camrose of an innovative approach to help at-risk youth become productive employees. Once operational, the Camrose Open Door Association’s PEER Connections program will provide a one-stop shop for life skills, employment skills and career development learning for youth aged 15 to 24. This program will be the first of its kind in rural Alberta.

An investment of $372,360 in the Central Alberta Rural Manufacturers Association (CARMA) will result in the development of a central Alberta manufacturing network. It will promote the growth of central Alberta’s manufacturing sector.

A funding contribution of $244,300 will allow the County of Athabasca, the Village of Boyle and the Town of Athabasca to work together in implementing the Alberta Energy Corridor Marketing Initiative. This initiative will promote the Corridor to the traditional and alternative energy sectors as an economically attractive alternative to higher cost regions in the province and beyond.

“Business and youth development are keys to increasing the prosperity and quality of life of Alberta’s rural communities. We are happy to be able to support these important projects,” commented Bob Clark, RADF Chair.

“These initiatives support our rural communities by coaching today’s youth, building networks and promoting industrial growth,” said Alberta Agriculture and Rural Development Minister George Groeneveld. “These projects reinforce the Government of Alberta’s commitment to advancing rural economic and social development.”

Rural Alberta’s Development Fund is a not-for-profit company that inspires innovation, collaboration and growth across rural Alberta. It is funded by the Government of Alberta and is a key implementation initiative of Alberta’s Rural Development Strategy. More information is available at www.ruralalbertasfund.com

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Direct media enquiries to:
Godfrey Huybregts, Director of Communications, Rural Alberta’s Development Fund
T: 1.877.940.7233 C: 780.953.0525