Financing and Strategy
Driving Innovation and Entrepreneurship
From our headquarters at:
RE3: IGNITING ECONOMIC RECOVERY FOR WOMEN-LED BUSINESSES
July 17, 2020
The COVID-19 pandemic has had a significant impact on businesses and communities across the country. From the outset, the Government of Canada has taken action to support sectors affected by the pandemic, including through the $962 million Regional Relief and Recovery Fund (RRRF), launched on May 13, 2020.
Women-led businesses often face unique challenges, which have been amplified by the impacts of COVID-19 on our economy. With systemic barriers to growth, compounded by the financial hardships of COVID-19, the path to re-opening can be challenging. As the economy gradually reopens, these businesses need support for the additional expenditures, such as acquiring personal protective equipment (PPE), re-configuring physical storefronts or workspaces to adopt social distancing measures, and positioning themselves for a successful recovery.
Click here to read the official press release.
Our Vision: Community Futures
How do we get there?
Who do we work with?
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
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
STARTUP ACCELERATION
Venture13
N100
Compete in our biennial open invitational $250,000 technology startup competition.
Policetech Accelerator
News
FedDev Ontario supports women-led businesses to rebuild, reopen and revive in southern Ontario
Government of Canada invests $4 million to support over 700 women-led businesses across southern 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.
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.
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.
Latest Tweets
Please join Northumberland CFDC and Eastern Ontario Women In Business for an information session on FedDev Ontario's RE3 funding for women-led SMEs in #EasternOntario
Thursday, September 24 at 4pm.
https://bit.ly/2EmREka
Trenton vibes here at Northam Industrial Park in #Cobourg this afternoon.
2Northumberland CFDC at Venture13
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Assistance and Stimulus Fund for Francophone Businesses and Organizations in Southern Ontario
