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←Economic and Community Development Committee · 2022-05-30 · 2022.EC30.1

The filed record

Toronto Significant Events Investment Program Application Assessment for the Just for Laughs Toronto Festival - 2022

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The City of Toronto's Toronto Significant Events Investment Program, administered by the Economic Development and Culture Division, supports major events that have the ability to make a significant contribution to the economic and cultural vitality of the city. Just for Laughs Toronto submitted an application to Toronto Significant Events Investment Program, which has been reviewed by Economic Development and Culture staff, followed by a Peer Review Panel evaluation.

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The application has been determined eligible per the Toronto Significant Events Investment Program program criteria , being recommended for funding in the amount of $100,000 for costs related to organizing Just for Laughs' inaugural street festival in Toronto in 2022. The anticipated benefits and funding accountability measures are outlined in this report.

Staff recommended

The Interim General Manager, Economic Development and Culture, recommends that: 1. The Economic and Community Development Committee approve the allocation of $100,000 from the Toronto Significant Events Investment Program to Just for Laughs 2022, pending the execution of a funding agreement between the Economic Development and Culture Division and Just For Laughs Toronto, an incorporated not-for-profit art cultural organization, that outlines all terms and conditions for the use of said funds.

Considered

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