Q1.     What does this new funding include? A1.     This is a special one-time relief fund established by the Government of Canada to support businesses, organizations and communities impacted economically by the COVID-19 pandemic. On May 13, 2020 FedDev Ontario launched the RRRF for SMEs in Southern Ontario facing financial pressures due to COVID-19. As a strategic partner, Renfrew County Community Futures Development Corporation (RCCFDC) is well-positioned as a key resource in our communities to offer the targeted support needed

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The Regional Relief and Recovery Fund (RRRF) provides financial contributions (interest-free loans) to help support fixed operating costs of SMEs, where business revenues have been affected by the COVID-19 pandemic.  The Fund, valued at more than $962 million nationally, is delivered by Canada’s six regional development agencies. In southern Ontario, $252.4 million is available as follows: $213 million for SMEs facing financial pressure; and $39.4 million to provide rural businesses with access to capital and technical support, delivered by southern Ontario’s

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If you or someone you know is struggling through this unprecedented time, please be advised that in direct response to local needs, Renfrew County Community Futures Development Corporation (RCCFDC) is currently offering a Special “Relief Loan”at 2.95% to qualifying existing and new small business clients. As part of the Relief loan, all payments will be deferred and interest forgiven to July 31, 2020. This loan is to assist with working capital or other expenses you expect to have an economic

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