Financing and Strategy

Driving Innovation and Entrepreneurship

Northumberland CFDC

From our headquarters at:

A Message From Northumberland CFDC

June 26, 2020

Northumberland CFDC, our staff and Board of Directors, are working continuously with the Federal Economic Development Agency for Southern Ontario and the Government of Canada to deliver agile and responsive programming to support innovation and entrepreneurship in Northumberland and Eastern Ontario in response to the current COVID-19 pandemic challenges. We also maintain our focus on building momentum for economic reformation and revitalization. Since the emergency order issued by the Province of Ontario, we launched our Resilience Loan initiative, our direct 1:1 information-sharing Navigator project, our webinar series on digital transformation, our express relaunch of DELIA, our Northumberland.io emergency face shield production project with Venture13 community innovation partners, and most recently our RRRF – Local Stream which, in just 6 short weeks, placed $1 million on the street, investing in the remobilization of small and medium-sized businesses across Northumberland. Your Community Futures is working with you and for you as we strive to leverage every possible mechanism at our disposal to back your efforts to adapt and thrive despite all. We know these are difficult and challenging times. On behalf of Northumberland CFDC, Venture13, FedDev Ontario and all of our partners, we would like to wish all of the entrepreneurs in our community every best success in your efforts to create and sustain and grow your ventures. And please stay tuned as yet more valuable programming is on its way.

Our Vision: Community Futures

Prosperity in Northumberland (and across Eastern Ontario) through innovation and entrepreneurship.

How do we get there?

By providing financing and strategy for entrepreneurs. We provide loans of up to $250.000 for business start up, stabilization and expansion.

Who do we work with?

Growth oriented SMEs, next generation startups and twenty-first century institutions who are creating local economic opportunities and high quality jobs.

BUSINESS FINANCING


CFP

We provide loans of up to $250,000 for qualifying startups and small and medium-sized enterprises.

Nventure

Our co-investment fund (sidecar) for technology startups and innovation-driven enterprises.

DELIA

Our fintech-driven lending platform for innovative women-led business in rural Eastern Ontario.

STRATEGIC FUNDING


RIIEO – LOCAL

Non-repayable performance-based funding transitioning SMEs in Northumberland to expand business growth and innovation.

RIIEO - REGIONAL

Non-repayable performance-based funding to accelerate SMEs on the innovation track, benefiting multiple communities within Eastern Ontario.

FedDev Ontario

A federal institution providing funding for innovation and economic growth across Southern Ontario.

STARTUP ACCELERATION


Venture13

Soft land your innovation-driven enterprise in our flexible V13 VentureZone.

N100

Compete in our biennial open invitational $250,000 technology startup competition.

Policetech Accelerator

Driving innovation and entrepreneurship to improve community safety

News


RRRF Update

RRRF Update

Northumberland CFDC, our staff and Board of Directors, are working continuously with the Federal Economic Development Agency for Southern Ontario and the Government of Canada to deliver agile and responsive programming to support innovation and entrepreneurship in Northumberland and Eastern Ontario in response to the current COVID-19 pandemic challenges.

read more
Regional Relief and Recovery Fund (RRRF)

Regional Relief and Recovery Fund (RRRF)

A quick overview and your top questions answered. With the launch of the local stream of the Government of Canada’s Regional Relief and Recovery Fund (RRRF) we have been talking to a lot of local business owners and answering their questions about how this fund can work for them.

read more

Latest Tweets

MASS Environmental Services Inc. receives $10,000 COVID-19 recovery grant https://www.gonorthumberland.ca/2020/07/10/mass-environmental-services-inc-receives-10000-covid-19-recovery-grant/#.XwiposyG1Ed.twitter - @heatherjbrown_ @MASSenv ♻️♻️♻️♻️

Thank you @OntarioCulinary for highlighting local producers:
Black Tractor Farms
Roaming Valley Farm
Summergreen
We showcased Bruce Weir, Laura Easter and Derick Greenly in our Fall 2019 issue featuring Doug Hope of Sper Food & Farm
https://ontarioculinary.com/
https://watershedmagazine.com/issues/fall-2019/#magazine

3

Today our Government gave our local hospitals the funding stability and predictability they deserve!

Proud to join @fordnation @celliottability to announce $5.6 million in funding to @NorHillsHosp & $306,000 to Campbellford Memorial Hospital!

#ThursdayMotivation #healthcare

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Northumberland CFDC at Venture13

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