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Northumberland and Renfrew Community Futures organizations collaborate to provide a Funding Application Video Tutorial to assist Local Businesses

News Release

For Immediate Release

 

January 15, 2021

Northumberland and Renfrew County Community Futures Development Corporations (CFDCs) have recognized a need to provide business owners with a much needed video tutorial to assist them in pursuing current and future funding applications.

In response to new challenges that businesses are facing, Canada’s Covid-19 Economic Response Plan has helped protect millions of jobs, provide emergency support to families and sustain businesses as they deal with the impacts of the pandemic. Much of this support has come in the form of new programs, loans, funds and other business assistance tools.

With the amplified delivery of many of these programs, both CFDCs have seen an increase in requests for support and advice in completing the associated applications succinctly, concisely and in a compelling manner. Writing funding applications and pulling together the supporting documentation can at times seem daunting, time consuming and even confusing to applicants who in many cases are seeking funding support for the first time.

With this new online tutorial, business applicants will have access to an overview of how to fully complete their funding submissions in an easy-to-use video. The goal of the tutorial is to de-mystify the process and coach applicants on how to strengthen their proposal for consideration by the funder.

The Funding Application Writing Fundamentals Tutorial can be accessed below and is available in both English and French.

English Tutorial: https://www.youtube.com/watch?v=qYqm6Dcg-yY

French Tutorial: https://www.youtube.com/watch?v=h8vsS1z494s

Quotes

“With many programs under our management and others for which we are providing advisory services, we’ve seen acute increase in business clients requesting help in completing the various funding applications. We recognize, particularly for first time applicants, the process can seem bewildering particularly in these unprecedented times where there has been an array of new programs developed in response to a changing situation.  Northumberland CFDC is pleased to partner on the “how to” project as led by Renfrew County CFDC.  The development is supported by the FedDev Ontario- RE3 (Rebuild, Reopen, Revive) program though the materials and learning can be applied across any program in helping clients to crystallize and strengthen their proposal to be as competitive as possible.  We will be inviting multiple organizations to share the video link with their various clientele as a solid ongoing tool for business to use.” – Wendy Curtis, Executive Director, Northumberland CFDC

We understand the challenges that small business face, with such an extensive array of funding opportunities it is only natural to feel overwhelmed, especially in a time of crisis.  It was as a result of such factors that birthed the “how to” project as a resource to alleviate added stress when submitting a funding application. We are confident this video can be used as a go to guide in preparing a more competitive proposal.” – Diane McKinnon, Executive Director, Renfrew County CFDC

 

Quick Facts

  • Northumberland Community Futures Development Corporation (CFDC) provides financing and strategy support for entrepreneurs. Delivering an array of entrepreneurial development and finance programs funded by FedDev Ontario, Northumberland CFDC also manages an investment portfolio that drives business start-up and expansion.
  • Northumberland CFDC (for Eastern Ontario) and WindsorEssex Economic Development Corporation (for southwestern Ontario), in collaboration with regional partners, delivered the REBUILD REOPEN REVIVE initiative to support women-led small- and medium-sized enterprises in rural and urban communities across southern Ontario. Both organizations received $2 million to provide non-repayable contributions of up to $5,000 to help eligible women-led businesses. Over 700 women-led businesses were supported through this initiative.
  • Renfrew Community Futures Development Corporation (RCCFDC) provides support to enterprise, community-based development and employment in Renfrew County. Funded by FedDev Ontario, RCCFDC provides a host of business services to assist entrepreneurs and may provide financing to small businesses who were unsuccessful in obtaining traditional financing.
  • Canada’s COVID-19 Economic Response Plan has helped to protect millions of jobs, provide emergency support to families and keep businesses afloat as they deal with the impact of COVID-19.

 

Contacts

Erika Seggie

Northumberland CFDC

1.866.670.1191

905.372.8315

erika.seggie@northumberlandcfdc.ca

 

Kelley Lemenchick

Renfrew County CFDC

613.431.3951

Kelley.lemenchick@rccfdc.org

Apply Now for RE3

re3

Northumberland CFDC and WindsorEssex Economic Development are working collaboratively within our regional entrepreneurial ecosystems to advance women-led SMEs across Southern Ontario, effectively positioning for rapid and positive post-pandemic economic recovery.  It’s time to restart your business and the new RE3 initiative is here to support you.

Canadian women entrepreneurs are key to our economic success as a country, and they make invaluable contributions to our communities. However, women still face unique and systemic barriers to starting and growing a business, and they remain underrepresented in our economy.

The COVID-19 pandemic has disproportionately impacted women entrepreneurs. It has severely affected sectors such as retail, hospitality and food services—sectors where women entrepreneurs are most present.

For these reasons, RE3 is focused on supporting and strengthening the position of Women-led SMEs in our economic recovery, reformation and revitalization.

With the support of FedDev Ontario, RE3 provides non-repayable performance-based contributions of up to $5,000 to assist Southern Ontario-based Women-led small and medium-sized enterprises (SMEs) to REBUILD, REOPEN and REVIVE their businesses.

On a competitive basis, RE3 offers a one-time, performance-based, and non-repayable funding of up to $5,000 for:

  • Acquisition of required/mandated Personal Protection Equipment (PPE)
  • Workspace reconfiguration to accommodate physical distancing
  • Hardware/software upgrades to enhance online capacity, client servicing, and accessibility.

Does RE3 align with your plan for business resilience and renewal? Then we encourage you to apply now! Click on the links below for more information or to apply.

For more information: https://financingandstrategy.com/re3/

To apply: https://app.reviewr.com/womenledsmes/site/SO_Women_Led_SMEs_Program 

 

FedDev Ontario supports women-led businesses to rebuild, reopen and revive in southern Ontario

RE3 Twitter EN

News release

Government of Canada invests $4 million to support over 700 women-led businesses across southern Ontario

July 17 2020 – Cobourg, Ontario

Women-led businesses often face unique challenges, which have been amplified by the impacts of COVID-19 on our economy. As the economy reopens, these businesses need support to adapt their operations and position themselves for a successful recovery.

Today, the Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, visited Venture13 in Cobourg, home of the Northumberland Community Futures Development Corporation (CFDC). There, she announced a $4-million FedDev Ontario investment in support of women entrepreneurs across southern Ontario, on behalf of the Honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for FedDev Ontario.

With this investment through the Regional Relief and Recovery Fund (RRRF), the Northumberland CFDC and WindsorEssex Economic Development Corporation, in collaboration with regional partners, will deliver the Rebuild Reopen Revive Initiative to support women-led small- and medium-sized enterprises in rural and urban communities across southern Ontario. Both organizations will receive $2 million to provide non-repayable contributions of up to $5,000 to help eligible women-led businesses with key re-opening expenditures, including:

  • Acquisition of reusable personal protective equipment (PPE);
  • Reconfiguration of workspaces to accommodate social distancing impacts; and
  • Enhancing online capacity to improve accessibility and client service.

Over 700 women-led businesses will be supported through this initiative. Interested SMEs can visit Northumberland CFDC (eastern Ontario) or WindsorEssex Economic Development Corporation (southwestern Ontario) for more details or to apply.

While at Venture13, Minister Ng saw firsthand the entrepreneurship and innovation taking place at this thriving community hub, made possible with a $1.43 million FedDev Ontario investment in the Northumberland CFDC through the Women Entrepreneurship Strategy (WES) Ecosystem Fund in 2019. With this support, the Northumberland CFDC is working to improve access to capital for underrepresented women-led businesses through the development of an automated financial lending platform with an algorithm that removes gender bias. As part of a holistic approach, successful applicants are enrolled automatically into a concurrent program offering advisory and support services, networking, and access to office space through Venture13. The CFDC is supporting the growth of 30 women-led businesses through this initiative.

Support for women-led businesses in Peterborough

Minister Ng was later joined by the Honourable Maryam Monsef, Minister for Women and Gender Equality and Rural Economic Development, at the Imprinted Apparel Store in Peterborough, where the ministers highlighted an additional $380,000 in support through the Women Entrepreneurship Fund (WEF) to local women-led businesses. Funding recipients include:

  • Imprinted Apparel Store – $100,000 for this producer of custom apparel and promotional products to expand e-commerce opportunities and purchase equipment to improve operations.
  • Unlock Math Inc. – $100,000 for this online digital math course provider to implement an online platform.
  • Walton Wood Farm Corp. – $100,000 for this maker of sustainable bath and body products to upgrade the company’s planning systems and launch a new natural pet care product line.
  • Mallory Charmaine Graham (o/a Tribal Trade Co.) – $80,000 for this retailer that offers products and gifts from all nations of Turtle Island to develop and implement a digital marketing plan, undertake professional development, and hire advisory services.

Quotes

“Women entrepreneurs face unique and systemic challenges amidst the COVID-19 crisis. Our government is committed to building on the work we’ve done to break down these longstanding barriers to success as we restart and rebuild our economy. The investments made today through FedDev Ontario will support women-led businesses with critical costs as they work to re-open their businesses.”
– The Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade

“With reduced revenues and financial hardships of COVID-19, women-led businesses need support more than ever, as they face new challenges and expenses associated with reopening their businesses and preparing for recovery. The investments of over $4 million today will help to relieve some of the pressure as women-led businesses reopen and position themselves for a successful and stable future. We are here to support women entrepreneurs and to help these businesses come back stronger than ever.”
– The Honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for Federal Economic Development Agency for Southern Ontario

“The Government of Canada is demonstrating its commitment to women-led SMEs today through significant investments delivered by FedDev Ontario. We value the incredible contributions women entrepreneurs make to our society and economy, and we are proud to support them as they work to strengthen their businesses and re-build our economy during this unprecedented time.”
– The Honourable Maryam Monsef, Minister for Women and Gender Equality and Rural Economic Development

“We are very pleased to be working with multiple ecosystem partners across Eastern Ontario to make sure women-led businesses are fully empowered in rebuilding, reopening and reviving. These pivotal initiatives, supported by FedDev Ontario and the Government of Canada, are perfectly timed to remove barriers and add value.”
– Wendy Curtis, Executive Director, Northumberland Community Futures Development Corporation

“The WindsorEssex Economic Development Corporation recognizes the challenges that women-led businesses are facing amidst the COVID-19 crisis. We are excited about the opportunity to work with our community partners to deliver the Rebuild Reopen Revive Initiative across southwestern Ontario and help women-led SMEs at this critical time.”
– Stephen MacKenzie, President and CEO, WindsorEssex Economic Development Corporation

Quick facts

  • Northumberland Community Futures Development Corporation (CFDC) provides financing and strategy support for entrepreneurs. Delivering an array of entrepreneurial development and finance programs funded by FedDev Ontario, Northumberland CFDC also manages an investment portfolio that drives business start-up and expansion.
  • The WindsorEssex Economic Development Corporation is a not-for-profit organization with a focus to develop and execute strategies to retain, expand, attract and help new businesses start up in the Windsor-Essex region.
  • Venture13 brings together early-stage entrepreneurs with innovation partners to connect, empower and accelerate new ventures. In 2017, the Town of Cobourg, in partnership with Northumberland CFDC and with the support of FedDev Ontario, transformed a municipal building into Venture13, a thriving hub of opportunity for entrepreneurship and innovation.
  • The national $962-million Regional Relief and Recovery Fund (RRRF), is delivered through Canada’s regional development agencies (RDAs) and supports SMEs across Canada that have been unable to access existing relief measures. In southern Ontario, FedDev Ontario is delivering $213 million to provide financial relief and help businesses recover.
  • Since November 2015, FedDev Ontario has invested over $182 million in 181 projects in support of women entrepreneurship.
  • Through the Women Entrepreneurship Fund, the Government of Canada has invested a total of $30 million to more than 300 women-owned and led businesses across Canada to grow and reach new markets. In addition, the Government of Canada allocated $85 million to the WES Ecosystem Fund to strengthen capacity within the entrepreneurship ecosystem and close gaps in service for women entrepreneurs. Over 50 projects were funded through this initiative.

Associated links

Contacts

Ryan Nearing
Press Secretary, Office of the Minister of Small Business, Export Promotion and International Trade
ryan.nearing@international.gc.ca
343-551-0244

Alexander Cohen
Press Secretary, Office of the Minister of Economic Development and Official Languages
alexander.cohen@canada.ca

Media Relations
Federal Economic Development Agency for Southern Ontario
fdo.mediarel-relmedias.fdo@canada.ca

SRBT producing 10,000 Face Shields per week for Renfrew County and surrounding area!

June 2, 2020

Following Ontario’s Premier Doug Ford’s call on the province’s businesses on March 21, 2020 to help make medical supplies, SRB Technologies (Canada) Inc. (SRBT) met with local senior officials at the Pembroke Regional Hospital and local retirement homes where it was determined that Face Shields were in great shortage and that there was also a great need for a Face Shield that would be reusable through cleaning or visor replacement.

On April 4, 2020 SRBT developed a business plan to redeploy some of its production capacity towards the mass production of Face Shields for Renfrew County and surrounding area to help fight COVID-19. The business plan was developed to produce a Face Shield that could be best manufactured with the equipment, expertise and staff already in place at SRBT.

With the financial help of the Renfrew County Community Futures Development Corporation and the Ontario Ministry of Economic Development Job Creation and Trade’s “Ontario Together” Fund, SRBT executed its business plan by acquiring a Medical Device Establishment Licence from Health Canada, purchasing tooling, the necessary materials and by implementing new production procedures.

SRBT has also instituted three shifts over 24 hours to provide the ability to produce 10,000 Face Shields a week for sale first in Renfrew County and surrounding area.

This week SRBT is making its first deliveries of its Face Shields to the Pembroke Regional Hospital (PRH), Renfrew County District School Board (RCDSB), Pearly Whites Mobile Dental Hygiene Services and to Orthodontist Dr. Benoit Hebert.

SRBT would like to thank Renfrew-Nippissing-Pembroke MPP John Yakabuski, the Ontario Ministry of Economic Development Job Creation and Trade, Diane McKinnon and Mike Thompson from The Renfrew County Community Futures Development Corporation, Algonquin College, Mayor Mike Lemay and the City of Pembroke, Health Canada, ETM Industries, Leilani Borne and The Pembroke Regional Hospital.

Detailed information on our Face Shield is available at http://www.srbt.com/face.shields.pdf

For more information please contact:

Stephane Levesque
President
SRB Technologies (Canada) Inc.
Tel: (613) 732-0055, Extension #111
Cel: (613) 639-1349
e-mail: face.shields@srbt.com

Attention All Small Businesses in Renfrew County – COVID-19 Relief Loan

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 impact on your business due to COVID -19

 

To apply for the Relief Loan, go to www.rccfdc.org/financing to request the loan application.

For any questions, please contact Mike Thompson, Business Development Officer, at mike.thompson@rccfdc.org

Relief Loan FB post (4)

(COVID-19) Support for Small and Mid-Size Enterprises in Renfrew County that are impacted by the Coronavirus Pandemic

In direct response to our clients advising us of the impact on their businesses and the need for support, Renfrew County Community Futures Development Corporation (RCCFDC) is responding at this unprecedented time with the following:

For the period of March 18, 2020 – July 31, 2020, monthly Loan Payments for all existing clients will be suspended until August 1, 2020 (the principal portion of the payment will be deferred, and interest costs forgiven until July 31, 2020). The Life Insurance component will be collected monthly. We will continue reassessing the economic impact of COVID-19 and may find it necessary to make further amendments as needed.

RCCFDC will also be offering a Special Loan (identified as “Relief Loan”) at 2.95% to both existing and new clients. The loan is to assist with working capital or other verified expenses you expect to have an economic impact on your business due to COVID -19.  The features of the Relief Loan are as follows:

Loan Amount and Term

  • $20,000 – 2.95%; 5-year term
  • $15,000 – 2.95%; 4-year term
  • $10,000 – 2.95%; 3-year term
  • $5,000 – 2.95%; 2-year term

Payment:

  • Payments will be suspended until August 1, 2020 (Interest costs will be forgiven until August 1, 2020). The Life Insurance component will be collected monthly.

Security:

  • Promissory Note (and supporting resolution if required)
  • General Security Agreement
  • Personal Guarantee
  • Life Insurance

To apply for the Relief Loan, go to https://www.rccfdc.org/financing/ to request the loan application.

If additional funding is required, please contact Mike Thompson, Business Development Officer, mike.thompson@rccfdc.org as more information may be requested.

RCCFDC is closely monitoring this developing situation and is available to assist all Small and Mid-Size Enterprises in Renfrew County with financial support and counselling services.

COVID-19 NOTICE

Out of caution for the health of Renfrew County CFDC employees, clients and communities, we are implementing a series of measures intended to support business continuity for ourselves and clients while supporting the goals of social distancing in arresting the impact of COVID-19.

We remain committed to serving our clients during this challenging time. Effective March 17th, the following decisions have been implemented until further notice:

1. Our staff continues to be available for client servicing via telecommunication/electronic methods of phone, email and conferencing.

2. By exception, and solely business critical, we will be accessible by scheduled appointment.

Like all Canadians, we are closely monitoring official announcements and expect to respond as this fluid situation continues to evolve. The Government of Canada has launched a new web page (click here) to provide Canadian businesses with a one-stop-shop for the resources they need to make informed decisions while navigating the challenges of COVID-19 in an interconnected global economy.

Concurrently, we are also proactively working with our many partners and colleagues to collaborate on responses to the changing needs of our clients. Please watch our website and social media feeds for ongoing updates.

We thank you for your patience during this difficult time and encourage all to be, and stay, well.

Diane McKinnon, Executive Director

Renfrew County Community Futures Development Corporation

Women in Business – 2019

Are you ready for this?! Women in Business is back for its third year!

If you are a woman in business, don’t miss your chance to register for this awesome networking opportunity!
This year focuses on “Using Emotional Intelligence in Business” and hosts an interactive panel of Chamber and political representatives!

Contact ontrac to register today!

For more information and to register, call 613-623-4680 or e-mail arnprior@getontrac.ca

Women in Business 2019 - Official Sponsor Poster

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We would love to hear from you!